Listing Name

Well established car wash in Pretoria North with lots of potential for expansion!

Description Of Business

Background & History: The business does car washes and valets. The business was established in 2012, but was taken over by current owners in August 2021.

Products & Services: They wash cars and do valets. They have a steady stream of regular customers as well as car dealerships using them for the cleaning and valets of their cars.

Assets: Total Value of Assets +/- R 325 000

Employees: Currently a total of 11 employees.

Location, Building & Lease Agreement: It is located in a covered area of the mall parking bay. It is about 585 sqm. 3 years left on lease.

Financials & Forecasts: Monthly Management Accounts are available for the period March 2021 - June 2022.

Reason for Sale: Owners have more than one business and want to focus more on the other.

Conclusion: It is seen as a very renowned business and high in demand. The location is great for rainy weathers as well, because both the wash bay and drying bay is covered.

 

Details
  • Selling Price (Exc Stock Value)
    R1 300 000
  • Asset Value
    R325 000
  • Stock Value
    R3 000
  • Yearly Net Profit
    R652 601
Listing Reference Number
  • Listing Reference
    BM1493
Agent Direct Contact Details
Location