UNDER OFFER - Car Wash and Cafe - Netting $5600 per week - Located Inner West Sydney

Description

Business type: car wash, detailing and café

Location: Parramatta Road, Sydney

Trading history: more than 14 years

Site area: approximately 1,200 sqm

Asking price: $750,000

Business overview

Established car wash and detailing business with café facilities.

Cars serviced: approximately 300 to 400 per week

Vehicle capacity: approximately 20 to 30 cars

Dealership accounts: established

Services

• Maintenance washes
• High-end detailing
• Paint protection film services
• Car dealership servicing
• Café service

Service pricing

Maintenance washes: approximately $80 to $150

High-end detailing: approximately $1,000 to $1,500

PPF services: approximately $4,000 to $8,000

Site

Wash bays: three

Vacuum bays: four

Finishing bays: two

Indoor café seating: approximately 20

Outdoor café seating: approximately 20

Customers

Weekly vehicle volume: approximately 300 to 400

Car dealership relationships: established

Current dealership accounts: stated as five to ten

One dealership volume: approximately 30 cars per week

Trading hours

Trading days: Monday to Sunday

Hours: 8:00am to 9:00pm

Team

Full-time employees: six

Casual employees: eight

Current operation: under management

Owners: based in Melbourne

Owner visits: approximately every two to three months

Lease

Stated lease remaining: approximately 5.5 years

Lease commencement: 1 March 2023

Current stated term: 4 + 3 years

Annual increase: 4%

Bond: five months

Financial performance

Weekly takings: approximately $25,000

Cost of goods: approximately $1,500

Gross profit: approximately $23,500

Total weekly expenses: approximately $19,876

Weekly net profit: approximately $5,624

Weekly expenses

Rent: approximately $3,941 excluding GST

Outgoings: approximately $500

Wages: approximately $12,000 excluding owner wage

Telephone: approximately $20

Insurance: approximately $115

Electricity: approximately $300

Miscellaneous costs: approximately $1,000

Assets

Equipment value: approximately $500,000

Estimated stock: approximately $5,000

Operating equipment: included

Growth

• Increase staffing capacity
• Target weekly sales of $40,000 to $50,000
• Expand dealership accounts
• Increase high-end detailing advertising
• Add online booking
• Develop a business website
• Sublease night operations
• Sublease space for a food truck

Opportunity

Established car wash and detailing operation.

Large site and substantial equipment base.

Management structure already in place.

Further sales and service growth potential: available.