Car Wash and Detailing Studio for sale - Netting $4000 per week - Highly scale able - franchise able
Car Wash and Detailing Studio for sale - Netting $4000 per week - Highly scale able - franchise able
Industry :
AutomotiveSub Industry :
Car WashPremises
The Business: the car wash and detailing studio is around 200m2 in the basement parking near Merrylands/ Greystanes. It is purpose built with full council approval including oil separator, 1 x wash bays 1 x vacuum bay, 2 x detailing bay bays one for window tinting and dent repairs.
Currently washing around 60 100 cars a week with a high average sale around $80 to $100 per customer.
Detailing customers average $180 400 and Ceramic coating customers average spend $1050 - $1500
Contractors are used for window tinting, scratch and dent repair and PPF (paint protection film) which the business makes around 50% to 100% margin
Hours of Operation
Monday to Sunday 8.00am to 5.00pm
Potential
* To advertise and more detailing and ceramic coating jobs
* Advertise more rim repairs and PPF jobs which has good margins
* To advertise on social media
* Sell detailing products in store or online or run detailing courses and charge between $500 to $1000
* Highly scalable can open second or third location to increase market share. Currently only servicing 30mins within Western Sydney
* Can potentially franchise or sell interstate licence
Employees
1 x Part time owner, 2 x full time workers, 2 x part time/ casual workers
Lease
10 year lease, 2 months bond required for the landlord
Financials Summary
Weekly Takings $9000
Cost of Goods $500
Gross Profit $8000
Rent $800 (Ex GST)
Wages $2500 (excludes the owners wages)
Telephone $25
Insurance $25
Water $50
Electricity $100
Miscellaneous $500 (marketing, advertising, GST)
Total Expense $3900
Net profit. $4000 (profit for 1 working owner 40 hours p/w)
Asking price $399,000 + Stock
Ceramic Coating Customers Pay Between $1050 - $1500
Window Tinting and Dent repairs
These are currently performed by contractors at about 50% - 100% margin.
The average sale for window tinting is $500 and the average sale for dent repairs is $250 to $500. Paint and panel repairs about $800 to $1500, PPF jobs range from $3000 - $6500
The Opportunity
10 years established car wash with lots of regular customers. The brand The Detailing Hub has been established for 2 years and has generated over 350+ Five Star Google Reviews. This includes
* Over 1000 customers on the database
* 350+ Google reviews
* Custom made website cost $3500 includes online booking
* High average sale with a focus on wash and wax, detailing
* Detailing customers pay $179 - $400
* Ceramic coating customers pay $950 - $1500
* Window tinting, scratch and dent repairs, PPF customers 50%- 100% margins using contractors
* Full online booking system
* Potential to sell car wash and detailing products
* Potential to open second location or franchise
Fully renovated facility. Has potential to easily achieve $12,000 to $15,000 per week sales with more detailing and ceramic coating jobs.
Full time owner operator can save on wages. Has the potential to make $5000 - $6000 per week net profit
Reason for sale: Other business interest non-related to car wash or detailing.
Talk to Brokers that know business
Business Brokers Network Australia is the largest Business Brokerage in Australia, with over 85 Business Brokers in all states of Australia in over 65 business locations.
Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful.
To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.
Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.
To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.
If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking.
email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14
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$399,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
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Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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