Summary

Location: Situated within a well-established and community-supported shopping centre in the affluent suburb of Boskruin, Randburg. This location provides high foot traffic and excellent visibility due to its position in a bustling residential area. The shopping center has a diverse mix of tenants, including anchor tenants such as Pick n Pay and a pharmacy, which ensures a steady flow of customers.

About the Franchise: This car wash is part of a well-known brand with a 50-year history of innovation in car care and product manufacturing. The franchise uses specially formulated chemicals and advanced cleaning techniques to provide high-quality car care. The brand is synonymous with comprehensive car care technology and is trusted by South Africans nationwide. This is an opportunity to acquire a part of a reliable, expanding brand built on a foundation of quality, customer satisfaction, and continuous growth.

Financial Performance (Sept 2024 - Apr 2025):

Total Income: R647,853.04.

Total Expenses: R470,376.52.

Net Profit: R177,476.52 over the eight-month period, which is an average of approximately R22,184.56 per month.

Adjusted Monthly Profit: After deducting a new monthly royalty fee of R3,500, the adjusted average monthly profit is R18,684.56.

Vehicles Serviced: 5,371 vehicles were washed over the eight months, averaging about 671 cars per month.

Asking Price: R650,000. The asking price represents a multiple of approximately 34.8 months of the current adjusted profit.

Included Assets: The sale includes a comprehensive list of assets, such as three HP pumps, a foam unit, six ceiling booms, and four vacuum cleaners. Also included are an office container, a POS system, and CCTV equipment.

Growth Potential: The acquisition is described as an "excellent deal with significant potential for growth". The business is currently underperforming due to a lack of proper management, suggesting a new, dedicated owner could increase profitability by improving operational efficiencies and customer service