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Carwash - Garden Route For Sale

Garden Route, Western Cape, South Africa
Asking Price:
R1,400,000
Turnover:
R1,000,000
Net Profit:
R550,000

ABOUT THIS BUSINESS:
Fantastic carwash and valet centre with esteemed regulars, including corporate businesses and private clients alike.

OPERATIONS:
Owner managed with excellent staff.

REASON FOR SELLING:
Other business expansion.

SCALABILITY:
Massive market to grow and expand.

PREMISES:
Leased. (Very low compared)

TRANSACTION:
Cash buyers only to enquire. (No seller finance)

ACQUISITION VALUE:

SELLING PRICE: R1,4m as a going concern (No VAT)

STOCK VALUE: R5,000.00 (estimated)

TOTAL ACQUISITION VALUE (INCLUDING STOCK): R1,405m

PROFITABILITY:

ANNUAL TURNOVER: R1m plus.

AVERAGE MONTHLY TURNOVER: R85,000

NET PROFIT (EBITDA) PER ANNUM: R600,000

NET PROFIT (EBITDA) PER MONTH: R50,000

INVESTMENT RETURNS:
(EXCLUDING STOCK)

PE RATIO: 1.9

ROI (Return on Investment): 52%

MPB (Months' Payback): 23

ASSETS:

MARKET VALUE: R60,000

ASSET VALUE RATIO TO SELLING PRICE: 5%

Property Information

Real Estate:

Lease