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Carwash In Somerset West For Sale

Somerset West, Western Cape, South Africa
Asking Price:
R550,000
Sales Revenue:
R700,000
Cash Flow:
R270,000

The car wash industry is exhibiting strong growth potential, particularly as this establishment caters to the affluent community of Somerset West.

A manager oversees the day-to-day operations, while the owner monitors everything remotely via CCTV, ensuring all control systems are functioning and have been rigorously checked.

With sufficient dedication and hard work, the business is on track to double its revenue within the next one to two years. There's a wide array of opportunities to add value-added services that could significantly increase both sales and profit margins.

However, the owner is currently juggling multiple projects, which has resulted in a less hands-on approach to the car wash business than desired.

Property Information

Real Estate:

Lease

Lease Terms:

To be renewed

Leasehold Rent:

R150,000 per annum

Location:

Somerset West

Business Operation

Expansion Potential:

A lot of potential

Trading hours:

Normal Business hours

Employees:
3
Years established:
15

Other Information

Support & training:

Yes from current owner

Furniture / Fixtures value:
R200,000
Relocatable:
This business can be relocated.