₦airaland Forum

08182745301

08182745301

DabLord:
Ahahah Abeg kill them well well make they go into exile before 2019 useless tribe.
Quote me and same happens to you

dam pls I'm looking for dis idiot sense

the idiot dat posted this topic na God go punish him I was there and no one died.

mumu is DAT earthquake

I'm interested igenegbavictor@gmail.com

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08182745301

oh pls stop all this ok .i'm here for business not for cyber war.if you are not OK with my price.fine look who will buy will buy this not d only place I have adverts running.so pls stop

this filling station also has an ICT centre CCTV camera 7 underground tanks with 4500 capacity each a relaxation place a 1000kva generator plant and a transformer.

08182745301

it's not all about having many filling stations that matters its having a good location that matters my broda,look abuja is not as broad as Lagos,abuja is a circular city.OK mrA has 4 filling stations along travelling routes and mrB have just 1 in a well located area.let's say city centre d revenue from dat one filling station will b more than that of d four why?d location .now tell me d money used in buying those four lands may not even be up to d money used in buying that one land even if it's up to or more than it will be with only a little margin.look in this business location comes first before any other thing including d price.

[quote author=davodyguy post=56738447]Chief, there's no way that station would cost 900m to build. I'm a chartered real estate consultant and not a local agent, so I'm speaking as a professional.

There are 3 ways we do valuation.

1) Comparison sales. In today's depressed market, will anyone pay 900m for a gas station in Abuja? Answer is no. So comparison method of valuation doesn't support the value

2) Cost method. How much did it cost to building the station? Max 300-400m including land acquisition and equipment. Add 25% developers profit, its still 500m

3) Income approach. How many litres of DPK, PMS and AGO would be sold per day? What's the profit per day? What's the annual expenses on salary, licence etc we would arrived at net annual profit. Let's say net annual profit is 20 million. Capitalizing for 20 years, you have 400million. Let's even say 500m.

So your 900m is not justifiable.

I've got plenty stations for sale. Some asking 1.2billion, but no one would buy, cos you can not make profit of 50million per annum selling gas in Nigeria[/quote
you see life is simple to those who understands how it works first of all are u based in abuja?if yes and u know d location am talking about then all your calculations are wrong.I'm not new to dis biz I've sold a filling of #1.1billion naira and heavens did not fall if u are based u can contact me if u want to see this property.

Located along Mabushi- Gwarimpa express way
abuja with high and heavy traffic.
24 dispensing units of pumps with two (2) story
building,1 lube bay, 7 underground tanks of 4,500
litres each: a, 5tanks for PMS,b, 1tank for DPK, c,1
tank for AGO. 7 offices,1 conference hall, two (2)
large mini-mart shops with restaurant and kitchen
attached, A 1000KVA generator and transformer on
a plot of land measuring 3,900sqms, 24 hours water
supply (borehole with overhead tank) A very large
modern canopy of about 900sqm, ICT centres,&
CCTV camera's. Asking price 950million. serious
buyers dat kws gud thngs shuld call me on 08182745301 God bless
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this filling station was built by my boss and has not been used and he wants to sell it is that a crime.look this filling station is located on a 3900sqm of land in the heart of abuja do u know how much that land cost. that land is over 400 millionaira let alone a generator plant and a transformer.7 offices one conference centre a lub and a two story mini mart and a bolehole .

we have a newly. built filling station for sale in the heart of abuja close to bannex junction wuse 2 with 24 pumps and a mini mart. status-new location- wuse 2 asking price-#900,000,000 contact-08182745301

08182746301