Established Diesel Truck Stop with Property In Natal For Sale

Description

Business type: independent truck stop and diesel retail operation

Location: N3, Natal

Operating model: independent white-label site

Current status: established operating business

Property

Land size: approximately 13 hectares

Property: included in the sale

Business and property: sold together

Staff

Employees: 28

Financial information

Financial period: year ending June 2022

Profit before tax: R12,200,000

Projected profit for financial year ending June 2023: R12,600,000

EBITDA for financial year ending June 2023: R13,200,000

Truck parking

Truck parking capacity: 370 trucks

Existing parking area: approximately 52,250m²

Parking fee per truck: R150 per night including VAT

Average monthly parking volume: almost 10,000 trucks

Average nightly occupancy: more than 330 trucks

Parking revenue growth: more than 12% year-on-year

Growth period: past 3 years

Diesel sales

Retail diesel licence: in place

Direct diesel sales: approximately 400,000 litres per month

Margin on direct diesel sales: approximately R1.20 per litre

Third-party consignment diesel volume: approximately 600,000 litres per month

Consignment handling fee: R0.34 per litre

Fuel storage and equipment

Stated total storage capacity: 500,000 litres

83,000-litre storage tanks: 2

46,000-litre storage tanks: 6

Bowser units: 6

Pumps: included

Canopy infrastructure: included

Additional operational equipment: included

On-site equipment ownership: business-owned

Fuel supply

Diesel suppliers: wholesalers

Purchase basis: cash on delivery

Long-term wholesaler supply agreements: none in place

Revenue streams

• Overnight truck parking
• Direct diesel sales
• Third-party diesel handling fees