Car Wash for sale in rural town next to ocean.

Car Wash for sale in rural town next to ocean.

Introduction:

• This car wash is situated in a rural town of the Western Cape adjacent to the ocean.
• It has been operational for 6 years and is the only car wash in the town and in the whole area which makes it a very viable business.
• The owner is full time involved and the business has unique offerings like fetching cars from the houses of clients, cleaning them and delivering them back to the clients.
• The owner has over the years developed a strategy by gaining the support of the local residents and not only be dependant on tourists/visitors to the town.
• The result of this is that the turnover of the car wash remains constant during the winter months and then increases over the annual holidays.
• Since starting the business, the owner has washed over 12000 cars to date.
• The turnover of the business has increased by 28% since 2019, notwithstanding the covid pandemic
• A client has various options to choose from when washing the car, but the mini valet seems to be the most popular.
• There are assets to the value of R 120 000 included in the sale of the business.

Financials:

• Full financials are available plus diagrams/stats since the owner started the business.
• Turnover R513,590 per annum.
• Expenses R215,205 per annum.
• NP (EBITDA) R298,385 per annum.