Sydney Region, ACT, ID 197394
Established as a car wash and café for more than 7 years in this Western Sydney location. The total area is approximately 1000 sqm and can hold up to 20 cars at a time. Currently servicing 250 to 300 cars per week, including 10 car dealership accounts on Parramatta Road. The site includes 4 wash bays, 4 vacuum bays, 2 finishing bays, and a café waiting area with seating for approximately 10 people outside and 15 people inside. The café and food truck are currently subleased for $1,680 per week to reduce rent. Lease 3 years remaining, with 5 + 5 year option 5 percent annual increases 3 months bond Operating hours Monday to Sunday, 8am to 5.30pm Employees 2 part time owners working weekends only, approximately 30 hours per week 3 full time staff 3 casual staff Business Potential • Operated under semi-management, with weekday operations fully managed and owners involved on weekends only • Owner operator model can reduce wage costs • Opportunity to expand car dealership accounts, currently servicing 10 dealerships in the area • Increased advertising potential for high end detailing services • Potential introduction of online booking and website to improve workflow and staffing efficiency Financial Summary (based on last 12 months sales) Weekly takings: $12,238 Cost of goods: $500 Gross profit: $14,073 Rent: $2,745 (ex GST, includes truck and café sublease) Outgoings: $365 (council rates and water) Wages: $4,300 (excluding owner wage) Telephone: $40 Insurance: $65 Electricity: $360 Miscellaneous: $500 (bank fees, GST, repairs, maintenance) Total expenses: $8,375 Net profit: $3,863 Estimated stock: $5,000 Estimated equipment value: $150,000 Asking price: $395,000
