Property Description
ABOUT THIS BUSINESS: Fantastic carwash and valet centre with esteemed regulars, including corporate businesses and private clients alike.
OPERATIONS: Owner managed with excellent staff.
REASON FOR SELLING: Relocation.
SCALABILITY: Massive market to grow and expand.
PREMISES: Leased. (Very low compared)
TRANSACTION: Cash buyers only to enquire. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R1,15m as a going concern (No VAT)
STOCK VALUE: R5,000.00 (estimated)
TOTAL ACQUISITION VALUE (INCLUDING STOCK): R1,155m
PROFITABILITY:
ANNUAL TURNOVER: R1m plus.
AVERAGE MONTHLY TURNOVER : R85,000
NET PROFIT (EBITDA) PER ANNUM: R600,000
NET PROFIT (EBITDA) PER MONTH: R50,000
INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 1.9
ROI(RETURN OF INVESTMENT): 52%
MPB(MONTH’S PAY BACK): 23
ASSETS:
MARKET VALUE: R60,000
ASSET VALUE RATIO TO SELLING PRICE: 5%