Description
Incredible Opportunity: Thriving and Popular Car Wash Business for Sale
This car wash establishment is among the most sought-after and bustling in the area. It boasts a prime location and effective management. The current owner is selling the business to pursue another investment opportunity that has arisen.
Key Highlights:
Averaging approximately 80 cars per day on weekdays and 110-130 cars on weekends.
This business is a proven cash generator.
While it does not require a full-time owner-operator, it would be ideal for a hands-on owner rather than a passive investor.
Valuation Method: We use a price-to-earnings (P.E.) ratio of 3 based on the last 12 months’ EBITDA. This multiplier may be adjusted based on specific business factors.
We have chosen a P.E. of 3 for this valuation, even though the business hasn’t yet completed a full 3 years of operation. However, considering the year-to-date figures, there is clear and steady growth predicted for the fiscal year ending 2024.
Net Profit for the Year Ending February 2023: R 2,045,707 x P.E. of 3
Resulting in a Total Valuation of R 6,137,123.
This incredible business opportunity is available for sale at a price of R 6.1 million, which includes all assets and considerations.”
FOR SALE @ R 6.1 Million
Contact us today to schedule a visit and learn more
Buying or selling a business in South Africa, call Graphite Business Brokers for a free consultation.
Contact us via our online form or phone the Broker 0762659089 or sales@graphitebusinessbrokers.co.za
Location
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Centurion, South Africa
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