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Car Wash Investment Opportunity in Cebu City, Philippines

Startup Steam Carwash Company ready for expansion nationwide seeks investment.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity C Corporation
Reported Sales USD 44 thousand
Run Rate Sales USD 35 thousand
EBITDA Margin 20 - 30 %
Industries Car Washes
Locations  Cebu City
Local Time 10:06 AM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 53 thousand for 2.0% stake (Native Currency: PHP 3,000,000)
Reason: - Need funds to set up 3 business models (stationary & mobile). - Acquisition of mobile/web app tec... View More
Includes physical assets worth USD 180 thousand
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Business Overview

- Company providing steam carwash services.

- We receive 12-15 customers on a daily basis for a 2-bay carwash.

- Steam Carwash setup has options for 2-bay or 4-bay setup.

Our business model is as follows:

A. B2B Franchising.

B. B2C Company-owned steam carwash setup.

C. B2B Subdivision Partnership thru Homeowners' Association.

D. B2B Condominium Partnership thru Condo Assoc.

E. B2B Corporate Partnership (Fleets)

- We have state-of-the-art GoClean steam technology with an unparalleled edge of steam pressure with a max of 16 bars, compared to what's available in the market.

- The company has 5 directors with 98% and the remaining 2% shareholding by the remaining directors.

- The firm has no debts or liabilities.

- Need our employees to cater to our clients in an effective manner.

- The sales have dropped because we have been focusing on opening up franchises to increase the value of our brand.

Products & Services Overview

1. Provide services like steam carwash (stationary), steam carwash (mobile), engine washing service, and under chassis washing service.

2. Mobile app / web app.

Assets Overview

Steam industrial machines -20 units and other accessories.

Facilities Overview

Rented a 50sqm warehouse and 50sqm as a head office with a monthly rent of PHP 17,120 & 18,000 respectively.

Capitalization Overview

The business is funded initially by us and few investors. No loan or liabilities as of this time. Available big chunk of shares for subscription to venture capitalists.

Recent Activity
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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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