This Hand Car Wash has been established more than 10 years and has developed a loyal customer base. Located in one of the main streets of Sydney South West, near Bankstown.
Premises The Business: The car wash is around 700m2 in size, with 2 wash bays and 2 vacuum bays, 1 detailing bay and 4 finishing bays. Can fit around 10 to 15 cars on site Currently washing around 150 – 200 cars a week (depending on the weather) with an average sale for car wash around $50-$70 per car
Hours of Operation Monday to Sunday – 8.00am to 5.00pm
Potential
• Potential to add more social media marketing • Add Groupon to drive customer acquisition • Potential to add more food in the café to increase sales currently averaging $100 - $150 per day
Employees
1 x Full Time owner, 2 x full time, 2 x casuals
Lease
New 5 year lease to approved buyer, 3 months bond
Financials Summary Weekly Takings $9,000 Cost of Goods $300 Gross Profit $8700 Rent $2853 (Ex GST) Outgoings $146 Wages $3000 (excludes the owners wage) Telephone $20 Insurance $50 Electricity $100 Misc 1 $430 (GST, bank fees) Total Expense $6899 Net profit. $2101 (profit for 1 working owner 40 hours p/w) Estimated Stock Value $2,000 Estimated Equipment Value $100,000 Asking Price: $149,000 + Stock
The Opportunity 10 years established car wash with lots of regular customers. Potential to reach $12,000 to $15,000 with the right owner operator. Suitable for experienced buyers only. Will need landlord approval to purchase.
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