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

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.