Viable flag ship car wash in Northern Suburbs for sale.

Viable flag ship car wash in Northern Suburbs for sale.

Introduction:

• It is very rarely that a stable viable business like this is offered for sale.
• This business was established in 1989 and the existing owner has been running this business very successfully- it is a family run business and the only reason for selling the business is due to the owner’s ill health.
• This business not only does car washes but also does paint correction, buffing, polishing, full valets, engine steaming, chassis sand blasting, rubberizing, anti-corrosion, etc.
• The staff complement of 15 has been with the business from 15 to 29 years and therefore very stable.
• The car wash industry, notwithstanding the covid and the struggling economy has been booming in the Western Cape.

Finances:

• Existing annual turnover is R1,2 million.
• An asset list plus full financials are available on request.
• NP (EBITDA) is R 55,000 pm.