Premises
The Business: Established in 2017 the car wash is around 600m2. With 3 wash bays and 2 vacuum bays there is unlimited and untimed parking available making it easy for customers and the potential to increase sales very easily. Currently washing around 200 250 cars a week (depending on the weather) with an average sale for car wash around $50-$70 per car
Hours of Operation
Monday to Sunday 8.00am to 5.00pm
Potential
Café can be subleased for $1000 per week to reduce the rent
Previous sales $13,000 - $14,000 per week pre-covid 2018, 2019 sales
Potential to add more social media marketing
Add Groupon to drive customer acquisition
Network with surrounding businesses such as Fitness First, KFC, Supercheap Auto, Pet Barn, Dominos Pizza
Employees
1 x Full Time owner, 1 x full time, 5 x casuals
Lease
7 years remaining, lease Until September 2030, 2.5% fixed increase per year, 3 months bond
Financials Summary
Weekly Takings $9,000
Cost of Goods $300
Gross Profit $8700
Rent $2029 (Ex GST, includes the sublease $900p/w)
Wages $3500 (excludes the owners wage)
Telephone $20
Insurance $100
Electricity $80
Misc 1 $500 (GST, bank fees)
Total Expense $6229
Net profit. $2471 (profit for 1 working owner 40 hours p/w)
Estimated Stock Value $3,000
Estimated Equipment Value $100,000
Asking Price: $199,000 + Stock
The Opportunity
6 years established car wash with lots of regular customers. Potential for sales to return to $13,000 - $14,000 per week pre-covid. Suitable for experienced buyers only. Will need shopping centre approval to purchase.
