Business Overview
This Hand Car Wash has been established more than 10 years and has developed a loyal customer base. Located in one of the main streets of Sydney South West, near Bankstown.
Premises
The Business: The car wash is around 700m2 in size, with 2 wash bays and 2 vacuum bays, 1 detailing bay and 4 finishing bays.
Can fit around 10 to 15 cars on site Currently washing around 150 200 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
Potential to add more social media marketing
Add Groupon to drive customer acquisition
Potential to add more food in the café to increase sales currently averaging $100 - $150 per day
Employees
1 x Full Time owner, 2 x full time, 2 x casuals
Lease
New 5 year lease to approved buyer, 3 months bond
Financials Summary
Weekly Takings $9,000
Cost of Goods $300
Gross Profit $8700
Rent $2853 (Ex GST)
Outgoings $146
Wages $3000 (excludes the owners wage)
Telephone $20
Insurance $50
Electricity $100
Misc 1 $430 (GST, bank fees)
Total Expense $6899
Net profit. $2101 (profit for 1 working owner 40 hours p/w)
Estimated Stock Value $2,000
Estimated Equipment Value $100,000
Asking Price: $149,000 + Stock
The Opportunity
10 years established car wash with lots of regular customers. Potential to reach $12,000 to $15,000 with the right owner operator. Suitable for experienced buyers only. Will need landlord approval to purchase.