Priced To Sell! - Car Wash - Eastern Suburbs Sydney

Kensington NSW
Asking Price $159,000
About
Background and venue

Car wash about 150 -200 cars per week  3 washing bays, 2 vacuum bays with 2 high pressure hoses, 2 industrial vacuums, 1 air compressors, unlimited parking for customers Established for 10 years. Current owners purchased in 2017.

Operating Hours
Monday to Sunday  9am to 5pm

Staff
1 x Full Time owner, 2 x Full Time staff, 2 x casual staff

Lease
Current lease expires in April 2025, New 5 year lease available for approved buyers, 3 months bond


Potential

*  Refurbishment should bring in more customers
*  More promotions on Facebook and social media
*  More car dealership accounts
*  More government accounts including schools, ambulance, police cars


Approved drawings for renovations

Financials

Weekly Takings  $8,000
Cost of Goods .   $300
Gross Profit .       $7,700
Rent                     $2448
Outgoings         $100
Wages                 $2500 ( does not include the owners wage)
Telephone           $20
Insurance            $50
Electricity             $50
Misc 1                  $300 (GST)
Misc 2                  $60 (bank fees, merchant fees)

Total Expenses   $5528

Nett Profit            $2172

Stock                    $5,000
  
Asking Price .      $159,000 + Stock

Reason for sale: The owner is looking to sell and go back overseas to visit his family.
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