Applications are now open for the Readiness Programme taking place on 19 Jun - 30 Jun 2023. - connect with us
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Dealers & Sellers
Current owners of sites, otherwise known as the dealer network, have identified a need for a team of specialists who have insight into the sales process as well as your business and its complexities. More than just a broker, your PetroCONNECT Advisory, Legal and Finance team will be your partner and mentor in the successful transition of ownership in your business. We put a special focus on the valuation of your site, matching the right buyer with the right site, pre-qualification of a buyer, guided assistance with the finance process, the fuel retail license application, oil company interviews, input on business plans and much more to ensure a more seamless process when selling your site. These resources and connections enable us to sell your site or partial ownership professionally, as soon as possible, and at the right price. We are also focused on constant communication with you and keeping you informed as to where we are in the process.
Pre-Appointment
You’ve made a decision that you are selling your site, there are the hurdles to overcome, the first one being, does PetroCONNECT link you with a financially capable Dealer and will the process be transparent, ethical and align with the relevant oil company. The simple answer is yes, and we will partner with you through this process and so much more until the oil company handover the site to the new buyer.
Legal & Sale Agreement
The sale of a service station is complex, and we have to prepare for every eventuality, considering all the franchise agreements involved. PetroCONNECT has adopted the legal tracking process to provide transparency for the seller and buyer. We have internal legal experts ensuring that every i is dotted and t is crossed.
Finance and DRME Licensing Process
The most vital part of this process! You can take comfort in the partnership between PetroCONNECT and Nedbank which allows the finance application to effectively be approved in 14 days which is so important in the application to DMRE. This serves both the seller and buyer who can be guaranteed a seamless exit from the business.
Takeover
Do you know the critical things to note for the takeover process? You can rest assured that PetroCONNECT will guide you through this process checklist and assist until the last hurdle of the process.
Pre-Appointment
You’ve made a decision that you are selling your site, there are the hurdles to overcome, the first one being, does PetroCONNECT link you with a financially capable Dealer and will the process be transparent, ethical and align with the relevant oil company. The simple answer is yes, and we will partner with you through this process and so much more until the oil company handover the site to the new buyer.
Legal & Sale Agreement
The sale of a service station is complex, and we have to prepare for every eventuality, considering all the franchise agreements involved. PetroCONNECT has adopted the legal tracking process to provide transparency for the seller and buyer. We have internal legal experts ensuring that every i is dotted and t is crossed.
Finance and DRME Licensing Process
The most vital part of this process! You can take comfort in the partnership between PetroCONNECT and Nedbank which allows the finance application to effectively be approved in 14 days which is so important in the application to DMRE. This serves both the seller and buyer who can be guaranteed a seamless exit from the business.
Takeover
Do you know the critical things to note for the takeover process? You can rest assured that PetroCONNECT will guide you through this process checklist and assist until the last hurdle of the process.
We work on contingency and share in the risk
PetroCONNECT advisors take care of the transaction and sale process from start to finish. Our primary goal is to ensure that your site changes hands sustainably. At the onset, we undertake a mini-due diligence and therefore help the seller to ensure figures and estimations are realistic before engaging with the market. We ensure we conduct a comprehensive and fair valuation of the business. Furthermore, we also include support on retail licensing processes to minimize unnecessary delays and advice on business plans at no extra charge - preventing the seller from having to pay for multiple consultants. Our internal legal department ensures compliance through the sale process, working hand in hand with your advisors and other departments within PetroCONNECT.
Introductions to vetted and able buyers
PetroCONNECT invests in pioneering digital marketing strategies to attract able and quality buyers of petrol station franchise opportunities. With a focus on sustainability, our team make introductions to qualified buyers or potential investors in your business through our vetted and qualified database nurtured by PetroCONNECT Academy. Our team of analysts and digital marketers pro-actively match new buyers with sellers with a focus on relationships – a first for the South African energy industry.
Transformation consulting services and solutions
The primary focus of your PetroCONNECT advisor is to create the opportunity for a sustainable relationship by connecting the right people with one another. For existing dealers concerned about their transformation strategy, PetroCONNECT offers specialist transformation consulting services for dealers and owners. Our advisors and directors work with dealers to design a new sustainable ownership model, with access to our database of qualified equity buyers. Our expertise and knowledge of upcoming sector codes enables us to consult with confidence and professionalism.
Professional digital platforms and services
We have professional advisors who are supported by pioneering systems and a team of professionals. Sellers can manage their presence and business particulars with PetroCONNECT in various ways, including the PetroCONNECT portal, with the peace of mind that all information is protected by secure cloud-based technologies.
