Newly Established Car Wash for Sale in Riyadh, Saudi Arabia
For sale: Well established car was service in Saudi with high growth potential.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 320 thousand |
| Run Rate Sales | USD 320 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Car Washes |
| Locations | Riyadh |
| Local Time | 10:23 AM Asia / Riyadh |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
107 thousand
(Native Currency: SAR 400,000)
Reason: The owner is moving from Saudi.
Includes physical assets worth
USD
107 thousand
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Business Name
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User Verification
Documents
Registration Certificate
(166.8 KB)
Service license
(301.0 KB)
Business Overview
- Located in Riyadh, this car wash service is strategically positioned in a city with high automobile density.
- The service offerings include dry cleaning, wet car wash and polishing, and interior restoration.
- Well-established operation with a daily throughput of 4-5 car washes and 1-2 polishing jobs, increasing on weekends.
- Equipped with advanced machinery, reducing manpower needs and delivering quick service in 10-15 minutes per wash.
- Business requires minimal labor, efficiently managed by a team of 2-3 employees.
- Expansive growth prospects through potential partnerships with local communities and corporate entities.
- The car wash holds a valid Registration Certificate, ensuring compliance with local regulations.
- The service offerings include dry cleaning, wet car wash and polishing, and interior restoration.
- Well-established operation with a daily throughput of 4-5 car washes and 1-2 polishing jobs, increasing on weekends.
- Equipped with advanced machinery, reducing manpower needs and delivering quick service in 10-15 minutes per wash.
- Business requires minimal labor, efficiently managed by a team of 2-3 employees.
- Expansive growth prospects through potential partnerships with local communities and corporate entities.
- The car wash holds a valid Registration Certificate, ensuring compliance with local regulations.
Products & Services Overview
The company provides services such as dry cleaning for cars, wet car wash and polishing, and car interior restoration.
Assets Overview
The tangible assets include:- Car washing machines.
- Dry cleaning (for cars) blowers.
- Spare parts for vehicles.
Facilities Overview
The business operates from a 160-square-meter, two-floor facility, with a rent of SAR 100,000 per year.The rent for this year has already been paid in advance, and the contract is concluded for 10 years.
Capitalization Overview
The business is owned by a sole owner.There are no debts in the business.
Recent Activity
-
2 days, 10 hours agoMD, Contracting, Dammam, Individual Investor / Buyer connected with the Business
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1 week, 5 days agoDirector, Engineering Consultancy, Riyadh, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysAnalyst, Real Estate Services, Riyadh, Individual Investor / Buyer connected with the Business
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