Premium Car Wash Netting $6000 per week - Sydney Northshore - Allbiz Deal Room for Capital Raising & Business Sales - Deal Rooms, Data Rooms For Raising Capital

Premium Car Wash Netting $6000 per week - Sydney Northshore

By Tony Banh Business Broker

(0)

North Sydney 2060 North Sydney, New South Wales, Australia

17 513

$650,000

Listing ID (or SKU)

G1Z1T24WO9

Uploaded

2 months ago

Listing Description

Highlights

Premium car wash targeting high end clients for detailing and Deluxe wash and vacuum only
Car Wash Nets $6000 per week
Potential to sublease cafe and put a food truck to reduce the rent/ previous food truck paying $4000 per month
Potential to add more employees to increase the sales. The current owner is focusing on only high end premium car washing and detailing $100 and above turning away lower end smaller jobs

Overview

Hand Car Wash and Café located in one of the main roads leading towards Sydney Northshore was established in 2005 and over the past 17 years have developed a very loyal customer base.

The Business

Large premises good location with 2 drive ways around 900m2. Can fit up to 20 cars on site. With 3 wash bays and 3 vacuum bays the car wash is highly scaleable. Currently washing around 25 to 30 cars Monday to Friday and 30 to 35 cars Saturday and Sunday – 150 to 200 cars a week (depending on the weather) with a very high average sale for car wash around $100-$120 per car

Employees

2 x Full Time owners husband and wife, 3 x full time, 2 x casuals

Lease

New 5 years lease available to approved buyers

Financials Summary

Weekly Takings $18,000
Cost of Goods $600
Gross Profit $17,400
Rent $3356 (Ex GST, includes café sublease)
Outgoings $20
Wages $6000 (excludes the owners wage)
Telephone $20
Insurance $55
Electricity $113
Water $50
Misc 1 $1200 (GST, bank fees)

Total Expense $10,914

Net profit. $6586

Estimated Stock Value $3,000

Estimated Equipment Value $100,000

Asking Price: $650,000 + Stock

Comments: The net profit is for 1 working owner

Hours of Operation

Monday to Sunday – 7.30am to 5.00pm

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Location

Business Location

City of Sydney, New South Wales, Australia