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Great branded Car Wash
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Business For Sale


BUSINESS FOR SALE OVERVIEW


Branded Car Wash in a great up market location with commercial and residential


BUSINESS SELLING DETAILS

  Selling Price     858,000   Turn Over Per Month     101,000 
  Stock Included 8,000    Profit Per Month 36,600
  Assets Included  398,000   R.O.I %  51%
  Total Price   858,000    



BUSINESS MANDATE INFORMATION
 History and Overview Of The Business
Fully describe the business's activities  Well branded carwash that is situated in a business centre. There are 2 wash Bays and 10 drying and vacuum bays. All the equipment is relatively new and in good working order.
When was the business established? 2012
How long has the owner had the business? Since 2014
 How Does The Business Operate
How does the business operate on a daily basis The business has a full time manager that runs the business.
How are the clients attracted to the business? Repeat clientele and word and mouth.
What Advertising/Marketing is carried out? Face book page but its not that active.
Does the business have any contract work? No
What competition exists? Not in the immediate area. The closest is approximately 2 kilometres away.
Seasonal Trends? Winter months tend to yield better sales
 Financial Information
Vat Registered? The business is not vat registered
Vat Documentation on File?  Not registered
Management Accounts? Monthly figures from March 2017 to Feb 2018
Audited Financials? Not requested due to sole proprietorship
What as Cash/Credit Split? Cash 30 % Debit cards 70 %
Debtors Book Age Analisys N/A
 Is Seller Finance available and if so what is it? No
   Staffing Of the Business
What is the total number of Staff? Mondays to Thursdays 7 staff and then 13 from Friday to Sunday.
Staff Special Perks and Bonuses?  No
Are the staff on Contract? Get paid per hour.
Does any of the staff have management potential? NO
How involved is the Owner in running the business? Very little as he has other business interests.
  Premises Of the Business
When Does the Current Lease ends? The lease has recently been renewed for 5 years but will need to be renegotiated.
Is there an option to renew? Further 5 years depending on the lease negotiated.
What is the annual escalation % To be discussed with the renewal of the Lease
What are the Trading Hours? 7 days a week from 8.00 to 18.00.
Is a copy of the lease available? Yes
Do You require a license? No
 Assets Of The Business
Full Asset List available? The wash bays and cleaning equipment. List on system.
 Anything not included in the sale? No
 What is condition of the assets All in working order and quite new.
 Any Assets on Lease/HP that Buyer needs to take over? None
 Are they insured at the moment?  Yes
  SWOT Of The Business
 STRENGHTS Branded carwash which has been trading profitably for many years. Also services an affluent business as well as residential area.
 WEAKNESSES None perceived
 OPPORTUNITIES Could pursue contracts from company's who run fleets for cleaning and valet of vehicles.
 THREATS No presently.
 Summary
Why is this a good business Branded carwash with a good reputation.
Why is the owner selling it? The owner does not have the time to give this business his full attention and also has other business interests.


Business For Sale,Businesses For Sale,Car Wash,Valet,Polish,Gauteng Business For Sale

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have viewed this page since 10 August 2018