UNDER OFFER Car Wash, Detailing and Cafe netting $3800 per week - 13 years lease - Sydney West

Description

Business type: car wash, detailing and café

Location: Western Sydney, New South Wales

Trading history: more than 7 years

Site area: approximately 1,000 sqm

Asking price: $395,000

Business overview

Established car wash and café servicing local customers and dealership accounts.

Weekly vehicle volume: approximately 250 to 300 cars

Dealership accounts: 10

Operating model: semi-managed

Site

Vehicle capacity: up to 20 cars

Wash bays: four

Vacuum bays: four

Finishing bays: two

Indoor café seating: approximately 15

Outdoor café seating: approximately 10

Additional income

Café: subleased

Food truck: subleased

Combined sublease income: approximately $1,680 per week

Rent offset: established

Customers

Cars serviced per week: approximately 250 to 300

Car dealership accounts: 10

Parramatta Road dealership work: established

Trading hours

Trading days: Monday to Sunday

Hours: 8:00am to 5:30pm

Team

Part-time owners: two

Owner involvement: weekends only

Combined owner hours: approximately 30 hours per week

Full-time staff: three

Casual staff: three

Weekday operations: fully managed

Lease

Current lease remaining: approximately three years

Further options: 5 + 5 years

Annual increase: 5%

Bond: three months

Financial performance

Weekly takings: approximately $12,238

Cost of goods: approximately $500

Stated gross profit: approximately $14,073

Total weekly expenses: approximately $8,375

Weekly net profit: approximately $3,863

Weekly expenses

Rent: approximately $2,745 excluding GST, including café and food truck sublease offset

Outgoings: approximately $365

Wages: approximately $4,300 excluding owner wage

Telephone: approximately $40

Insurance: approximately $65

Electricity: approximately $360

Miscellaneous: approximately $500

Assets

Estimated equipment value: approximately $150,000

Estimated stock: approximately $5,000

Operating equipment: included

Growth

• Increase dealership accounts
• Expand high-end detailing
• Increase digital advertising
• Add online booking
• Develop a business website
• Reduce wage costs through owner operation

Opportunity

Established car wash operation.

Semi-managed structure in place.

Café and food truck sublease income.

Further dealership and detailing growth potential: available.