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Established Carwash And Trailer Hire In Somerset West For Sale

Somerset West, Western Cape, South Africa
Asking Price:
R1,650,000 Inventory / Stock included
Sales Revenue:
R1,050,000
Cash Flow:
R380,000

The car wash industry holds significant promise, and following the pandemic, it has been consistently reclaiming its pre-2020 levels of activity.

A manager manages the business, while the owner maintains comprehensive oversight through CCTV from a remote location. All necessary control systems are operational and have been thoroughly vetted.

Given the right amount of commitment and effort, the business is poised to double its earnings within one to two years. There are numerous opportunities to introduce value-added services that could enhance both turnover and profitability.

Currently, the owner's attention is divided among his various ventures, limiting his involvement in the car wash business more than he prefers.

The Carwash can be bought separately from the Trailer Hire business.

Property Information

Real Estate:

Lease

Lease Terms:

5 years, to be renewed Oct 2024

Leasehold Rent:

R240,000 per annum

Location:

Somerset West, location only to be discussed with serious buyers.

Business Operation

Expansion Potential:

There is a lot of scope for expansion.

Reasons for selling:

Currently, the owner's attention is divided among his various ventures, limiting his involvement in the car wash business more than he prefers.

Trading hours:

Mon-Fri 08:30-16:30
Sat 08:00 - 14:00
Sun Closed

Employees:
4-6
Years established:
24

Other Information

Support & training:

The current owner will be available to support during the hand-over

Financing available:

Banks maybe willing to fund a portion of the trailers

Furniture / Fixtures value:
R1,230,000
Relocatable:
This business can be relocated.