Priced To Sell! - Hand Car Wash For Sale -Making $2000 P/Week Brisbane

By Tony Banh Business Broker

(0)

Brisbane 4000 Brisbane, Queensland, Australia

104 2370

$129,000

Listing ID (or SKU)

87354026

Uploaded

10 months ago

Listing Description

Highlights

Hand Car Wash For Sale - Making $2000 P/Week Brisbane Location
12 year lease
$8300 per week sales and growing
Approximately $4000 of dealership work per week

Overview

Financials Summary

Weekly Takings $8315
Cost of Goods $250
Gross Profit $8065
Rent $2101 (Ex GST, Includes Outgoings and water)
Wages $2,825 (excludes the owners wages)
Telephone $25
Insurance $100
Electricity $50

Misc 1 $548 (6% franchise fee including marketing 2%)

Misc 2 $400 (GST and bank fees and other expenses)

Total Expense $6049

Net profit. $2016

Estimated Stock Value $2,000

Estimated Equipment Value $100,000

Asking Price: $129k + Stock

The Business: Established in 2019, currently washing 150 to 200 cars a week. 2 wash bays, 2 vacuum bays. The total area is about 1200m2 can hold up to 20 cars total. Sales are growing month on month. Approximately $4000 of dealership work per week. Very consistent sales

Lease

2 years remaining with 2 x 5 year options. 12 years total, 3% increase per year, 4 months rental bond

The Opportunity

State of the art fit out cost over $200k. Includes cafe and wait area. Full online booking system. Looking for an ambassador franchisee to drive the sales and the brand forward. For approved buyers only.