Car Wash For Sale - Nets $5780 Per week Inner West Sydney

0
(0)
16 184
$399,000
46618961
2 months ago

Highlights

  •  Car Wash and Cafe Nets $5780 per week
  •  Lease until June 2029
  •  Approved for late trade until 12am
  •  Can add more car dealership accounts

Overview

The opportunity: All the ground work is done and there is very little rental pressure as the food trucks cover most of the rent. Potential to extend hours or sublease to a night time car wash operator to further increase profit. 

Good opportunity for experienced owner to drive the business forward and maximise sales. Has the potential to make $15,000 to $16,000 per week. Currently the owner is turning away business because they are too busy and cannot find enough staff.

Deal details

Financials Summary

Weekly Takings $12,000
Cost of Goods $600
Gross Profit $11,400
Rent $700 (Ex GST, includes rent from 2x food trucks)
Outgoings $200 (including water and waste removal)
Wages $4000 (not including the owners wage)
Telephone $20
Insurance $100
Electricity $200
Miscellaneous $400 (bank fees, GST, repairs and maintenance)
Total Expense $5620

Net profit. $5780

Estimated Stock Value $5,000
Estimated Equipment Value $100,000 ( includes solar panels 40k)

Asking Price $350,000

About

The Business: Established as a car wash and cafe for more than 10 years. The total area is about 1100m2 can hold up to 20 cars in total. Currently washing 250 - 300 cars a week including car dealership accounts. This car wash includes 4 wash bay, 4 vacuum bays, 2 finishing bays, café waiting area for about 20 people outside and 20 people inside. 

Lease

3+3+3 year lease remaining until June 2029, 3% increase, 3 months bond

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Disclaimer:

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Business Location City of Sydney, New South Wales, Australia

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