ENGEN - Austerville
Businesses for Sale / 54 views
R 15,000,000.00
Engen is majority owned by Vivo Energy (74% holding). The Vivo Energy Group operates and markets its products in countries across North, West, East and Southern Africa, and has a network of over 3,900 service stations in 28 markets operating under the Engen and Shell brands, whilst also exporting lubricants to a number of other African countries. PHEMBANI, a black-controlled South African company focused on the broader energy sector, holds 21% in the South African business. Engen Petroleum (Pty) Limited is a wholly owned subsidiary of Vitol Emerald Bidco, with its head office in Cape Town, South Africa.
- Location: 178 Austerville Drive, Wentworth
- Projected Profit: ±R500,000 per month
- Rent: R200,000 per month Plus 40c RAS
- Lease details: 10 Years Plus 5 Year Option To Renew
- Reference no: BCB 386