Priced To Sell - Car Wash Netting $2400 p/ week - South West Sydney

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 can be subleased for $1000 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  $9,000
Cost of Goods    $300
Gross Profit        $8700
Rent                   $2029 (Ex GST, includes the sublease $900p/w)
Wages                $3500 (excludes the owners wage)
Telephone          $20
Insurance           $100
Electricity            $80
Misc 1                 $500 (GST, bank fees)
Total Expense    $6229
Net profit.           $2471 (profit for 1 working owner 40 hours p/w)
Estimated Stock Value $3,000
Estimated Equipment Value $100,000
Asking Price:    $199,000 + 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.