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Car Wash for Sale in Bangalore, India

Running a franchise unit of 3M Car Care center with an renewal term of 4 years.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 160 thousand
Run Rate Sales USD 160 thousand
EBITDA Margin 10 - 20 %
Industries Car Washes
Locations  Bangalore
Local Time 2:12 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 100 thousand (Native Currency: INR 8,500,000)
Reason: Current proprietor owns multiple business, and is unable to dedicate time in this business.
Includes physical assets worth USD 70 thousand
Documents
Business Overview

- We are a 3M Car Care franchise, approved by all leading car manufacturers, operating from a prime location in Bangalore with many offices nearby.

- The franchisee agreement is currently for 4 years.

- 3M Car Care charges 9% royalty of the revenues generated.

- We can accommodate 6 cars inside the facility for service and 3 cars outside in the parking area.

- Our unit also undertakes selling of 3M Car Care products, such as microfiber cloth, engine dresser, tyre dresser, wax and the DIY products from 3M and the leading Meguiar’s brand of car care products.

- Undertakes around 150 car services in a month, making the unit the 3rd highest car service unit in Bangalore.

- Advertising of the unit is undertaken jointly by 3M Car Care and the proprietor.

Products & Services Overview

- High end interior and exterior treatments.

- Anti corrosion treatments.

- Sunfilm.

- Customised Mats.

- Paint protection Treatments.

- Sale of 3M and Meguire car care products.

Facilities Overview

2,800 Sq Ft. built up area, single floor on lease.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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