Profitable Car Wash Equity Stake For Sale in Riyadh, Saudi Arabia
Franchised car wash chain of a well-known brand with 53 branches across KSA seeking expansion.
| Established | 10-20 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 20 - 30 million |
| Run Rate Sales | USD 48 million |
| EBITDA Margin | 28 % |
| Industries | Car Washes |
| Locations | Riyadh |
| Local Time | 4:01 AM Asia / Riyadh |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
48 million
for
49.0%
stake
(Native Currency: SAR 180,000,000)
Reason: Expansion through opening more branches in KSA and potentially acquiring franchise rights in Egypt.
Includes physical assets worth
USD
6.7 million
Interested to connect with advisors
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Business Overview
- The business operates in the car wash industry, specializing in high-quality services such as Paint Protection Film (PPF), film coating for both cars and buildings, polishing, and upholstery cleaning.
- The car wash franchise boasts 53 operational branches across Saudi Arabia, and the main brand has thousands of branches globally, enhancing its brand recognition.
- With a workforce of 350 employees, the business is well-equipped to handle a large number of clients daily, ensuring efficient service delivery. We also hire contract and part-time labour as required for exhibitions and operations.
- A majority of clients are cash customers, which contributes to immediate revenue generation, while a portion of corporate customers benefits from a 30-day credit facility.
- The business model is profitable, with financial metrics and success stories available for potential investors during official meetings.
- Operated under a well-known franchise brand, the business leverages established reputation and marketing strategies to attract and retain customers.
- The active trade license validates compliance with local regulations, ensuring customer trust and industry credibility.
- The car wash franchise boasts 53 operational branches across Saudi Arabia, and the main brand has thousands of branches globally, enhancing its brand recognition.
- With a workforce of 350 employees, the business is well-equipped to handle a large number of clients daily, ensuring efficient service delivery. We also hire contract and part-time labour as required for exhibitions and operations.
- A majority of clients are cash customers, which contributes to immediate revenue generation, while a portion of corporate customers benefits from a 30-day credit facility.
- The business model is profitable, with financial metrics and success stories available for potential investors during official meetings.
- Operated under a well-known franchise brand, the business leverages established reputation and marketing strategies to attract and retain customers.
- The active trade license validates compliance with local regulations, ensuring customer trust and industry credibility.
Products & Services Overview
PPF.Film coating (cars / Building) for glass and paint.
Polishing.
Upholstery.
Assets Overview
Inventory and raw material (this figure is variable due to high-volume transactions every day)Intangible assets include the trading license and franchise rights.
Facilities Overview
Facilities are on long term lease across KSA, one story, ground floor, workshop areas and office per branch.
Capitalization Overview
No loans, it's personally funded from scratch.
Recent Activity
-
Earlier than 15 daysPortfolio Manager, Investment Holding, Dubai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Representative, London, Business Broker connected with the Business
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