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Engen service station business for sale

N$ 15,500,000

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Bay Auctioneers and Properties CC

Quintin Jonck

Quintin Jonck

+264 811434368
[email protected]

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Engen service station business for sale

**Profitable Business Opportunity: Swakopmund Engen Service Station for Sale** Seize a rare opportunity to own a thriving business in the heart of Swakopmund, one of Namibia’s fastest-growing towns. This well-established Engen service station is renowned for its excellent turnover and strong community presence. Now available at a bargain price, this business venture promises substantial returns and growth potential in a bustling central location. **Prime Business Features:** - **Fuel Sales:** With an impressive volume of 246 m³ and a profit margin of N$ 1.92 per liter, the fuel station guarantees consistent and lucrative revenue. - **Quick Shop:** Generating a turnover of N$ 400k with a gross profit of 36%, the Quick Shop caters to a steady stream of loyal customers seeking convenience and quality. - **Galito’s Chicken Takeaway:** This popular food outlet boasts a turnover of N$ 350k and an exceptional gross profit margin of 52%, offering delicious meals that keep patrons coming back. - **Carwash Service:** With a turnover of N$ 110k and a 60% gross profit, the carwash adds another profitable dimension to this versatile business. **Investment Details:** - **Goodwill:** Valued at N$ 13.5 million, this reflects the established reputation and customer loyalty that accompany the business. - **Equipment:** Priced at N$ 2 million, ensuring all necessary tools and technologies are included for seamless operations. Stock on hand will be calculated on the day of take-over, with dry stock averaging N$ 500k and wet stock estimated at N$ 800k. Payment for stock is required within 48 hours of acquisition. Don’t miss out on this exceptional opportunity to own a central business in Swakopmund with proven success and substantial growth prospects. Contact us for more information and take the first step towards owning this dynamic enterprise.

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