Ref. No - BFS00453

LocationSouth Africa, Western Cape

Ref. No - BFS00453

Sector - Sales & Services

Asking Price
R695,000
Monthly Profit
R0
Asset Value
R 0
Stock Value
R 0
Yearly Net Profit
R 0

Summary

Somerset West (Helderberg) | Trading since 2019

A well-established, fully operational car wash and valet business in a busy retail centre in the Helderberg. Trading successfully since 2019, including through the COVID period, with a loyal local customer base and steady daily foot and vehicle traffic.

The business also runs an on-site convenience food shop, giving it a second income stream from customers waiting for their vehicles and from centre shoppers.

Sold as a going concern, with trained staff and systems in place. A new owner can step in from day one.

Full financials, trading history and business details are available to serious buyers only, after signing a Non-Disclosure Agreement and showing proof of funds.

Give me more information

Fully describe the business's activities?

KEY HIGHLIGHTS
- 7 years of trading
- Prime retail-centre location with strong daily traffic
- Two income streams: car wash & valet + snack and convenience shop (hot meals, cool drinks, coffee, snacks)
- Trained, experienced staff team in place
- Digital vehicle-tracking system recording every car for accurate counts and cash control
- Subcontractor relationships for add-on services such as windscreen chip repairs
- Monthly reconciled bookkeeping, ready for buyer due diligence
- Lease recently renewed: standard 3-year centre lease with approx. 2.5 years remaining, and an established tenancy since 2019
- Existing website and online presence
- Room to grow: fleet and corporate contracts, loyalty washes, extra services, expanded food offering

INCLUDED IN THE SALE
Equipment, shop fittings, stock, systems, website and domain, supplier relationships and goodwill.

IDEAL FOR
An owner-operator wanting immediate cash flow, an investor looking to put in a manager, or an automotive or retail operator expanding in the Helderberg.

REASON FOR SALE
Owner is focusing on other business ventures. Not a distressed sale. Handover assistance available.

FINANCIALS 
Full financials, trading history and business details are available to serious buyers only, after signing a Non-Disclosure Agreement and showing proof of funds.

Send a message for more information.

How long has the business been established?

7 Years

Is the business VAT Registered?

No

How many employees?

4 employees and casuals.

Give a breakdown of staff/ functions?

1 x Supervisor 
1 x Part time Supervisor
10 x Car Wash Attendants / General Workers - on rotational shifts.

How involved is the Owner in running the business?

Daily but Supervisors on site if needing to be away from business. 

Is there an option of renewal & what period?

Yes. Landlords offer 3 year lease at a time. 

Is a copy of the lease available?

It can be Supplied. 

Do you require a licence?

Yes. 

Location

Contact | Enquire

GARRETH

GARRETH SAVIN

Preferred method of contact

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