Location:
Merrylands 2160 > Sydney - Greater > New South Wales
Investment level:
$399,000
Type:
Business
Industry:
Commercial Services > Automotive & Marine > Car Wash
Established 10 years the car wash and detailing studio net profit $4000 per week - Highly scaleable and franchise able
Premises
The Business: the car wash and detailing studio is around 200m2 in the basement parking near Merrylands/ Greystanes. It is purpose built with full council approval including oil separator, 1 x wash bays 1 x vacuum bay, 2 x detailing bay bays one for window tinting and dent repairs.
Currently washing around 60 - 100 cars a week with a high average sale around $80 to $100 per customer.
Detailing customers average $180 - 400 and Ceramic coating customers average spend $1050 - $1500
Contractors are used for window tinting, scratch and dent repair and PPF (paint protection film) which the business makes around 50% to 100% margin
Hours of Operation
Monday to Sunday - 8.00am to 5.00pm
Potential
- To advertise and more detailing and ceramic coating jobs
- Advertise more rim repairs and PPF jobs which has good margins
- To advertise on social media
- Sell detailing products in store or online or run detailing courses and charge between $500 to $1000
- Highly scalable can open second or third location to increase market share. Currently only servicing 30mins within Western Sydney
- Can potentially franchise or sell interstate licence
Employees
1 x Part time owner, 2 x full time workers, 2 x part time/ casual workers
Lease
10 year lease, 2 months bond required for the landlord
Financials Summary
Weekly Takings $9000
Cost of Goods $500
Gross Profit $8000
Rent $800 (Ex GST)
Wages $2500 (excludes the owners wages)
Telephone $25
Insurance $25
Water $50
Electricity $100
Miscellaneous $500 (marketing, advertising, GST)
Total Expense $3900
Net profit. $4000 (profit for 1 working owner 40 hours p/w)
Asking price $399,000 + Stock
Ceramic Coating Customers - Pay Between $1050 - $1500
Window Tinting and Dent repairs
These are currently performed by contractors at about 50% - 100% margin.
The average sale for window tinting is $500 and the average sale for dent repairs is $250 to $500. Paint and panel repairs about $800 to $1500, PPF jobs range from $3000 - $6500
The Opportunity
10 years established car wash with lots of regular customers. The brand The Detailing Hub has been established for 2 years and has generated over 350+ Five Star Google Reviews. This includes
- Over 1000 customers on the database
- 350+ Google reviews
- Custom made website cost $3500 includes online booking
- High average sale with a focus on wash and wax, detailing
- Detailing customers pay $179 - $400
- Ceramic coa
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