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MACYOUNG: Established Car Wash in the Garden Route

R 1,672,500
SOLD BY MACYOUNG

Overview

Property Description

About this Business: This car wash is exceptionally well located with regular clientele. This location offers visibility from the main road, close to schools and shopping centres.

 

History: This car wash was established in 2020 and has shown year on year growth.

 

Staff: 7 staff members in place. This site is owner managed and run on a daily basis.

 

Scalability: This business is extremely scalable. Please refer to the asset register for additional assets to expand on current income.

Figures: Expected Monthly Turnover is circa R68K with an average R35k Nett profit to be anticipated.

Assets: The asset inventory is valued at R704,000. (42% asset value!)

Reason for Selling: Owner embarking on a career change which includes studying in 2024.

Selling Price: R1,672,500.00 ex VAT

ROI: 25%

Property Id : 3102
Price: R 1,672,500

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