Priced To Sell - Car Wash - Net profit $2000 P Week - Sydney South West

Priced To Sell - Car Wash - Net profit $2000 P Week - Sydney South West

Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

Bankstown


Industry :
Automotive - Car Wash ; Automotive - Detailing ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

-x

About the business

Business Overview

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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Talk to Brokers that know business

Business Brokers Network Australia is the largest Business Brokerage in Australia, with over 85 Business Brokers in all states of Australia in over 65 business locations.

Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful. 

To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.

Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.

To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.

If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking. 

email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14

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$149,000

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