Large Lucrative Car Wash

Eastern Cape

R 600 000

Financial Information

Detailed financials available on request

This car wash is well established and well positioned in a prominent Mall of a Coastal City of the Eastern Cape. The Car Wash is the only one in the Mall and there is very little other competition in the surrounding suburbs. The Car Wash offers a wide range of services from a Basic Wash, Full Valet, Paint protection etc. The business has very good equipment and systems in place, which allows it to do large volumes of vehicles. The Staff are also well trained and versed in their various roles. The Asking price for the business is R700,000 (Excl Vat and Stock). With an average Net Profit of over R40 000 per month the business offers a return on investment of 68% or a monthly payback period of 18 months. The Seller has also mentioned that there are several opportunities to further increase the profitability of the business and they would be willing to discuss these with seriously interested buyers. This is a great opportunity which does not come around that often. Please contact the listing Broker - Greg King (084 556 6166) for further details. Ref: 14752 Timestamp: 20180612054545