Car Wash and Cafe for Sale West Sydney

Why buy this Car Wash and Cafe Business

Car Wash and Cafe for Sale West Sydney Asking: $750,000

Car Wash with Cafe

The Business: Established as a car wash and cafe for more than 14 years. The total area is about 1200m2 can hold up to 20 to 30 cars in total. Currently washing and detailing 300 to 400 cars a week including 10 car dealership accounts on Parramatta Rd. Maintenance car wash between $80 to $150. High end detailing between $1000 to $1500, PPF $4000 to $8000

This car wash includes 3 wash bays, 4 vacuum bays, 2 finishing bays, cafe waiting area for about 20 people outside and 20 people inside

Lease

5.5 years remaining

4+3 year lease from 1st of March 2023 until 28th February 2027,

4% increase per year, 5 months bond

Operating hours

Mon Sun 8am 9pm

Employees

6x FT , 8 x Casual

Business Potential

* Run completely under management. The owners are from Melbourne only visit every 2 or 3 months

* Owner operator can save on wages.

* More customers than the workers can handle. Has the potential to make $40k - 50k per week sales

* Could sub lease to night time operator to reduce rent

* Can sublease food truck to help reduce rent

* Can add more car dealership accounts. Currently servicing 5 car dealerships. With one dealership sending 30 cars per week.

* More advertising for high end detailing work.

* Introduce online booking and website to help manage work flow and staff roster.

Financial Summary

Weekly Takings $25,000

Cost of Good. $1500

Gross Profit $23,500

Rent $3,941 (Ex GST)

Outgoings $500 (includes council rates and water)

Wages $12,000 (not including the owners wage)

Telephone $20

Insurance $115

Electricity $300

Miscellaneous. $1000 (bank fees, GST, repairs, maintenance)

Total Expense. $19,876

Net profit. $5624

Estimated Stock $5,000

Estimated Equipment Value $500,000

Asking Price $750,000