Priced To Sell! - Car Wash - Eastern Suburbs Sydney

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.