Car Wash and Detailing Studio for sale - Netting $4600 per week - Highly scale able - franchise able

Description

The Business: the car wash and detailing studio is approximately 200 sqm in basement parking near Merrylands and Greystanes. It is purpose built with full council approval including oil separator, 1 wash bay, 1 vacuum bay, and 2 detailing bays, one used for window tinting and dent repairs.Currently washing around 60 to 100 cars per week with a high average sale of $80 to $100 per customer. Detailing customers average $200 to $400, and ceramic coating customers average $1,050 to $1,500. Contractors are used for window tinting, scratch and dent repair and PPF (paint protection film), with the business achieving approximately 50 percent to 100 percent margins on these services.Hours of operationMonday to Sunday, 8.00am to 5.00pmPotential• Increase advertising for detailing and ceramic coating jobs• Expand marketing for rim repairs and PPF services with strong margins• Strengthen social media presence and online advertising• Sell detailing products in store or online, or run detailing courses priced between $500 and $1,000• Highly scalable with potential to open second or third location, currently servicing a 30 minute radius within Western Sydney• Potential for franchising or interstate licensingEmployees1 part time owner2 full time workers2 part time or casual workersLease10 year lease, 2 months bond requiredFinancial SummaryWeekly takings: $10,000Cost of goods: $500Gross profit: $9,500Rent: $800 (ex GST)Wages: $3,000 (excluding owner wage)Telephone: $25Insurance: $25Water: $50Electricity: $100Miscellaneous: $900 (marketing, advertising, GST)Total expenses: $4,900Net profit: $4,600 (for one working owner, 40 hours per week)Asking price: $375,000 plus stockAdditional informationCeramic coating customers pay between $1,050 and $1,500.Window tinting and dent repairs are currently performed by contractors at approximately 50 percent to 100 percent margin.Average window tinting sales are around $500.Dent repairs range from $250 to $500.Paint and panel repairs range from $800 to $1,500.PPF jobs range from $3,000 to $6,500.The OpportunityA 10 year established car wash with a strong repeat customer base. The brand has been established for 2 years and has over 380 five star Google reviews. The business includes over 1,000 customers on the database and 400 plus Google reviews. It has a custom website valued at $3,500 including online booking functionality and a fully implemented booking system.The business has strong average sales across wash, detailing and ceramic coating services, with additional high margin contractor based services. There is significant potential to increase weekly sales to $12,000 to $15,000 through expanded detailing and ceramic coating work.A full time owner operator could reduce wage costs and increase net profit to approximately $5,000 to $6,000 per week.Reason for sale: Other business interests unrelated to car wash and detailing.