Sectors / Category

Annual turnover

|
  • Mandate: 35015
  • Added: 13 Jan 2022
  • AFS
  • 1170

Busy Car Wash and Valet services

Gauteng, Pretoria
1170
Mandate 35015
Added 13 Jan 2022
R 1,100,000* ZAR
Stock: R 1,000
Assets: R 200,000
R 45,801 ZAR
Jannie van Vuuren
Aldes Focus
Gauteng, Pretoria East
Gauteng, Pretoria East
Summary

Vehicle and Bike Wash & Valet, Glazing, Headlights Restorations and Ceramic Coating. Business with a lot of potential

SELLING PRICE AFS
R 1,100,000* ZAR
Stock: R1,000
Assets: R200,000
R 45,801 ZAR
Summary

Vehicle and Bike Wash & Valet, Glazing, Headlights Restorations and Ceramic Coating. Business with a lot of potential

To gain access to more business info
please supply us with your details below

Fully describe the business's activities?
The business activities are the Valet of vehicles and bikes, Glazing, Headlight restoration and ceramic coating.

How long has the business been established?
The business has been established 6 years ago

How long has the owner had the business?
4 years

How does the business operate on a daily basis?
The business is opened and closed by the owner. or the assistant He does the scheduling of the cars to be attended to. The driver collect and deliver cars where needed. The cars are inspected for quality control.

How are the clients attracted to the business?
By word of mouth and very good relations with the customers.

Does the business have any contract work?
No.

What competition exists?
There are small car wash businesses in the area and does not provide the quality of service

What are the seasonal trends?
There are not really any trends

How did the Covid-19 pandemic impact the business turnover / daily operations?
The turnover increased during Covid.

What steps / actions have been taken to combat the effect of Covid-19 pandemic?
The business was open all the time during Covid.

Is the business VAT Registered?
No

Are there up-to-date Management Accounts available?
Yes, more detail analyses will be given during due diligence.

What percentage of the business is cash/credit?
20% Cash, 20% Credit cards and 60% on account.

What is the age analysis of the debtors book?
The debtors pay strictly between 7 to 30 days.

How could the profitability of the business be improved?
Marketing will increase the business growth.

Is Seller finance available and for what amount?
No

What is the total staff complement?
There are 8 permanent staff and then they use casual labor as needed

Give a breakdown of staff/ functions/ length of service?
1x Assistant 6x Cleaners 1x Driver

Do any receive special perks or incentives?
No

Are they on contract?
Yes

How involved is the Owner in running the business?
The Owner is full time involved.

When does the current lease end?
The rental is on a month to month basis for many years and a lease agreement can be negotiated for the new Owner.

What is the annual escalation %?
10% pa

What are the trading hours?
From 8h00 till 17h00 during the week and Saturdays from 8h00 till 15h00

What lease deposit and/or other surety is required?
Two months rental(R50 000) deposit is needed

What are the main assets of the business?
All equipment that is needed for the Valet and detailing services of the vehicles that consists of 1x Compressor, 4x Vacuum cleaners, 2x high pressure pumps, a Wendy , office furniture and many more.

Are any items not included in the sale?
The Laptop of the Owner

What is their overall condition?
Neat and in good working order

Do any require repairing?
No

How have they been valued ?
Owners secondhand valuation.

Are they presently insured?
Yes

Strengths?
The business is owner run that make the difference with Fanatic attention to detail. The business has a good reputation and relationships with all the Motor Dealership customers.

Weaknesses?
The business must make use of casual labor that needs training on a ongoing basis. The staff work long hours and shifts needs to be considered.

Opportunities?
Marketing will grow the business

Threats?
Dealers not having enough stock(Cars) to sell will reduce activities. Economy

What is the reason for the sale?
The Owner has other business interest to attend.

Why is this a good business?
The Business is busy and it is Quality driven.

What is the price plus stock and the profit?
The price of this business is R1 100 000 including stock

Other listings by Jannie
R 1.10MZAR
Added : 20 Jun 2022 82
Yearly profit: R284,546
Gauteng
R 5.50MZAR
Added : 26 May 2022 382
Yearly profit: R1,597,173
Gauteng
R 8.80MZAR
Added : 24 May 2022 191
Profit*: R288,260 *(6 months)
Gauteng
AGENCY DETAILS

Aldes Focus

4 members
55 mandates
Gauteng , Pretoria East
Menlyn Corporate Park - 4th Floor, Suite H2 175 Corobay Avenue Waterkloof Glen Pretoria , Pretoria East , Gauteng
Pretoria East
0081

Our experienced cross industry brokers are
waiting to assist and guide you…

Similar Businesses for sale

Discover similar, inspiring businesses for sale

R 1.10MZAR
Added : 19 Jun 2022 143
Yearly profit: R983,929
Gauteng
R 1.40MZAR
Added : 31 Mar 2022 378
Yearly profit: R539,430
Gauteng
R 600KZAR
Added : 4 Feb 2022 484
Yearly profit: R584,803
KwaZulu-Natal
Sold
Franchise
Added : 29 Oct 2021 742
Yearly profit: R829,207
Western Cape
R 880KZAR
Added : 2 Aug 2021 906
Yearly profit: R20,233
Northern Cape
R 1.10MZAR
Added : 31 May 2021 829
Yearly profit: R-259,180
Limpopo
R 1.36MZAR
Franchise
Added : 10 Feb 2021 523
Yearly profit: R446,614
Mpumalanga
R 880KZAR
Added : 17 Jul 2020 1195
Yearly profit: R570,228
Gauteng

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

R 1.03MZAR
Added : 22 Jun 2022 156
Yearly profit: R704,642
Gauteng
R 950KZAR
Franchise
Added : 22 Jun 2022 163
Yearly profit: R702,568
Gauteng
R 1.10MZAR
Added : 20 Jun 2022 82
Yearly profit: R284,546
Gauteng
R 1.10MZAR
Added : 19 Jun 2022 143
Yearly profit: R983,929
Gauteng
R 1.16MZAR
Added : 7 Jun 2022 392
Profit*: R279,427 *(5 months)
Gauteng
R 700KZAR
Added : 7 Jun 2022 163
Yearly profit: R82,204
Gauteng
R 1.09MZAR
Added : 4 Jun 2022 122
Yearly profit: R1,248,248
Gauteng
R 1.20MZAR
Added : 26 May 2022 186
Yearly profit: R442,600
Gauteng