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Manager Run Continental Style Expresso & Coffee Bar - Wel
R450'000.00
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Sandton Midrand Thriving Franchise Carwash
[Code: B4413]
Located in Gauteng
R1'300'000.00
Annual turnover: R1'900'000.00
Net Profit: R550'000.00
Established: 2010

Summary
This car wash is in an excellent location. It is situated in the parking area of a major Midrand mall and on the corner of two busy main roads.

Excellent cash generation. Great potential growth as the area is growing and affluent. The business is booming, and strong monthly growth is already evident.

Trading hours: Monday to Sunday 8am-6pm.

The business is fully equipped.

An existing car wash operated by petrol attendants has operated nearby for some time. This provides an easy source of new clients when customers compare service standards.

Franchise Details
Fast growing and energetic franchise - 7 % of turnover includes advertising fund and maintenance levy.

Strong franchise support from experienced operators.

Leasing Details
Lease terms: Renewable lease with franchisor support. Buyer will obtain a lease directly from the shopping centre owner.

Leasehold rent: R300,000 per annum.

Location: Busy shopping centre in Midrand/Sandton area. Easy highway access.

Premises details: Premises set up with 2 car wash bays and 5 drying areas. All drains, compressors and equipment are in place. Computerised management systems and CCTV surveillance cameras are in place. Fingerprint staff pay and attendance system.

Size: 300 m/sq

Planning consent: Fully approved

Staffing Details
The business is run by two managers, backed by experienced staff and practical systems.

There are 15 employees.

Asset Details
The business is fully equipped:

Double car wash tunnel.
2 wash bays
6 drying bays
Compressor
Pumps
Installed draining system
Office
Vacuum cleaners
Wash wands and hoses
PC and point of sale management system
Internet access
Customer lounge seating and umbrellas
Loyalty card

Reason for Selling
Business set up by the franchise for sale to an owner who can manage the business. The franchisor has been in the car wash business for almost 8 years. There are presently 6 outlets, some of which are run by independent franchisees. Car wash enquiries from the area of Sandton and Johannesburg South are also welcome - we have other outlets for sale in these areas.

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The owner last checked their messages on this site 11 hours ago.
This business was added to our catalog on Tuesday 24 January, 2012.
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