Car Wash Northwest Of Sydney. Lots Of Regular Customers. No Competition

Business Sold Schofields, New South Wales 2762

Business Category Car Wash

SOLD

Description

Car Wash Northwest Of Sydney. Lots Of Regular Customers. No Competition

Newly established in small shopping centre in North west of Sydney. Community shopping, lots of regular customers. No competition.

Premises
The Business: the car wash is purpose built and set up with 2 x wash bays 4 x vacuum bays, unlimited parking for customers. Currently washing around 100 150 cars a week

Hours of Operation
Monday to Sunday 9.00am to 5.00pm

Potential

• More promotions on Facebook and social media
• Groupon promotions

Employees

1 x full time owner, 1 x full timer and 1 x part time

Lease

5 year lease, 4% increase per year, 3 months bond

Last 6 months sales

Financials Summary
Weekly Takings $5700
Cost of Goods $200
Gross Profit $5,500
Rent $1440 (Ex GST, includes water)
Wages $2000 (excludes the owners wages)
Telephone $20
Insurance $60
Electricity $80
Misc 1 $100 (GST, bank fees)
Total Expense $3700
Net profit. $1800 (profit for 1 working owner 40 hours p/w)
Estimated Stock Value $1,000
Estimated Equipment Value $80,000
Asking Price: $129,000 + Stock

The Opportunity
1.5 years established car wash with lots of regular customers, no competition. Net profit of $1800 for an owner operator. Subject to landlord approval
Contact Seller
Tony Banh

Bsale ID: 622537
Broker REF: 20196

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