Premises The Business: Established in 2017 the car wash is around 600m2. With 3 wash bays and 2 vacuum bays there is unlimited and untimed parking available making it easy for customers and the potential to increase sales very easily. Currently washing around 200 – 250 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
• Café subleased for $800+GST per week to reduce the rent • Previous sales $13,000 - $14,000 per week pre-covid 2018, 2019 sales • Potential to add more social media marketing • Add Groupon to drive customer acquisition • Network with surrounding businesses such as Fitness First, KFC, Supercheap Auto, Pet Barn, Dominos Pizza
Employees
1 x Full Time owner, 1 x full time, 5 x casuals
Lease
7 years remaining, lease Until September 2030, 2.5% fixed increase per year, 3 months bond
Financials Summary Weekly Takings $11,000 Cost of Goods $500 Gross Profit $10,500 Rent $2200 (Ex GST, includes the sublease $800 p/w) Wages $4000 (excludes the managers wage) Telephone $20 Insurance $100 Electricity $80 Misc 1 $500 (GST, bank fees) Total Expense $6,900 Net profit. $3600 (profit for 1 working owner 40 hours p/w) Estimated Stock Value $3,000 Estimated Equipment Value $100,000 Asking Price: $299,000 + Stock
The Opportunity 6 years established car wash with lots of regular customers. Potential for sales to return to $13,000 - $14,000 per week pre-covid. Suitable for experienced buyers only. Will need shopping centre approval to purchase.
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