Business Overview
Car wash established in 2017 and over the past 7 years has developed a loyal customer base. It is located in one of the main roads of this suburb south west of Sydney.
Premises
The Business: The car wash is around 800m2 on a corner position with plenty of passing traffic from both directions daily.
It has 2 entries and comes with a café and waiting area for customers, 3 wash bays and 3 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 250 300 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 6.00pm
Potential
Owner operator can save on wages
Previous sales $16,000 - $17,000 per week pre-covid
Potential to add more social media marketing
Currently servicing some government vehicles such as police and ambulance. There is potential to add more
Potential to add car dealership and hire car accounts.
Employees
1 x Full Time owner, 7 x casuals
Lease
6.5 years remaining, lease Until November 2026 + 5 year option, 4% increase per year, 2 months bond
Financials Summary
Weekly Takings $13,500
Cost of Goods $500
Gross Profit $13,000
Rent $1638 (Ex GST)
Outgoings $216 (includes water)
Wages $4900 (excludes the managers wage)
Telephone $20
Insurance $100
Electricity $100
Misc 1 $500 (GST, bank fees)
Total Expense $7474
Net profit. $ 5026 (profit for 1 working owner 40 hours p/w)
Estimated Stock Value $5,000
Estimated Equipment Value $150,000
Asking Price: $450,000 + Stock
The Opportunity
7 years established car wash with lots of regular customers. Potential for sales to return to $16,000 - $17,000 per week pre-covid. Suitable for experienced buyers only. Will need landlord approval
