About this Business: This fully equipped car wash, is uniquely located at a popular local recreation and dining centre.
The businesses in the centre attracts a large number of potential car wash clients.
This clever co-location, makes this, the car wash of choice, for local residents, as there are plenty of things to do while waiting for their vehicles.
History: The car wash has been in operation at this location for 3 years, with facilities and equipment recently being upgraded by the current owner.
Staff: 3 Staff plus a Manager.
Scalability: This business is extremely scalable due to the large number of potential clients visiting the centre daily.
There is also more than enough space to double the number of wash bays.
Figures: Projected revenue for this year is R451 k with a Net Profit of R240k.
Assets: The asset inventory is valued at R120k (24% asset value!)
Reason for Selling: Owner has started another venture.
Selling Price: R585k
ROI: ROI 41%
