Be Your Own Boss - Hand Car Wash - 5 Days P/ Week - Nets $1500 - Allbiz Deal Room for Capital Raising & Business Sales - Deal Rooms, Data Rooms For Raising Capital

Be Your Own Boss - Hand Car Wash - 5 Days P/ Week - Nets $1500

By Tony Banh Business Broker

(0)

Parramatta 2150 Parramatta, New South Wales, Australia

19 203

$159,000

Listing ID (or SKU)

51182124

Uploaded

15 days ago

Listing Description

Highlights

Car Wash Nets $1500 per week
Very Low Rent Less than $600 P/ Week
Over 1000 customers on the database - Huge repeat business
Only Open 5 Days - Can potentially open Saturday for more revenue

Overview

· Established for 10 years

· Very low rent – less than $600 per week

· Owner operator can save on wages

· Previous sales $4500 - $5000 per week before covid

· Potential to open Saturday for more revenue

Deal details

Financials Summary

Weekly Takings $4000
Cost of Goods $150
Gross Profit $3850
Rent $550 (Ex GST, includes water and electricity)

Wages $1600 (excludes the owners wages)
Telephone $25
Insurance $20

Misc 1 $150 (GST, bank fees)

Total Expense $2350

Net profit. $1500

Estimated Stock Value $4,000

Estimated Equipment Value $100,000

Asking Price: $159,000 + Stock

About

The Business: the car wash has been established since 2012. It is around 200m2 in a corporate car park. It is purpose built with full council approval including oil separator, 1 x wash bays 2 x vacuum bays and 1x detailing bay.

Currently washing around 50 – 100 cars a week with a high average sale for car wash is around $55-$60 and car detailing $180 - $250. Full POS system, website and online booking system available. Customers can also book via the App.

Over 1000 customers in the database. 90% are regular customers who wash every 3 to 4 weeks. Some customers every 2 weeks.

The rent is less than $600 per week and includes water and electricity

Hours of Operation

Monday to Friday only – 7.00am to 4.00pm

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Location

Business Location

City of Sydney, New South Wales, Australia

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