Hand Car Wash - Car Wash - Lower North Shore - Sydney - Netting over $6,000 p.w. - W1867
Hand Car Wash - Car Wash - Lower North Shore - Sydney - Netting over $6,000 p.w. - W1867
Industry :
AutomotiveSub Industry :
Car WashHand Car Wash - Lower North Shore - Agent SBX Code Number: W1867
Hand car wash with a large car wash area plus 14 car spaces. 6 car bays for washing, vacuum cleaning, dry area, polishing and buffing and customers parking - Equipment are 3 vacuum cleaners, 2 buff machines, 1 polishing machine, 2 washing machines, 1 water gun, 3 guns, 1 refrigerator, 1 CCTV, 1 computer. - Provides a very professional service including an outside wash, hand polish, machine polish, interior vacuum, buff polish, wheel wash, tyre shine, wax and polish, seat and carpet stain, full detailing services and paint protection.-
Potential
Local marketing and advertising - lots of potential to increase sales - Target social media. - Expand with more corporate clients. - Introduce loyalty program, membership discounts and online specials - Paint protection vouchers.
Features
Easy to run - Strong return customer records - No competition. - Petrol station and mechanic in the same place. brings customers. - Long history of over 13 yrs. Cheap rent.
Premises
This car wash is spacious with an area of approx. 500 sq. mts. plus petrol station and mechanic
Location
Situated on corner of busy crossroad in Lower North Shore surrounded by commercial and residential.
Trading Hours
7 days - Monday to Sunday 800 am to 500 pm.
Lease
Current lease expires September 2028 - Bond $7,800, Rent increases by 7% per year ( can be negotiated with the Landlord)
Employees
1 owner + 3 full timers + 2 part timers
Comments
Misc.1. is water rates, - Summer sales $14,000 p.w. average, Winter season $11,500 - $12,000 p.w.All sales record are available, can be verified. - Misc.- 2. is Land tax. This business has created a strong and solid foundation within the local community. Motivated vendor, Inspections only through your broker -Staff are not aware.
Figures
Weekly Sales $12500
Rent (ex GST) $1427
Wages $4200
Profit $6454
Agent SBX Code Number: W1867 - SBX Business Brokers
SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.
Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.
SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.
To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.
View other listings by this business
$395,000 + SAV
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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!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
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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