Priced To Sell! - Car Wash - Low Rent - making $1600 P/Week - near Merrylands

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Sydney 2000 Merrylands, New South Wales, Australia

6 1075
$99,000
G2GAE1P1I6
3 months ago

Business Highlights

  •  Car Wash Priced To Sell! - Western Suburbs
  •  Low rent only $980+GST per week
  •  Making $1600 Net profit
  •  Car wash, washing about 100 -150 cars per week
  •  Owner operator can save on wages
  •  Unlimited parking for customers
Location
In the basement car park of a commercial office building. Very low rent, lots of regular customers. No competition. 

Operating Hours

Monday to Sunday – 8am to 5pm

Staff

1 x Full Time owner,  2 x casuals

Lease 

5 + 5 year lease to approved buyers, Annual increase 4%, 6 x months bond

Financials Summary

Weekly Takings  $5000
Cost of Goods     $150
Gross Profit         $4850
Rent                    $980 (Ex GST, includes water and electricity)

Wages                 $1800 (excludes the owners wages)
Telephone           $25
Insurance            $25
Water                  $50
Electricity            $100

Misc 1                 $250 (GST, bank fees)

Total Expense    $3230

Net profit.           $1620 (profit for 1 working owner 40 hours p/w)

Estimated Stock Value $1,000

Estimated Equipment Value $100,000

Asking Price:    $99,000 + Stock

The Opportunity

8 years established car wash with lots of regular customers. Needs some minor refurbishment. Has potential to easily achieve $7,000 per week sales.

Full time owner operator can save on wages. Has the potential to make $2000 - $3000 per week net profit with the right owner operator. Subject to landlord approval.

Reason for sale

Owner has other business interest

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Business Location City of Sydney, New South Wales, Australia

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