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Profitable Car Wash for Sale in Chennai, India

For sale: Company providing complete car care services with an extensive database of 15,000+ customers.
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 220 thousand
Run Rate Sales USD 230 thousand
EBITDA Margin 40 - 50 %
Industries Auto Repair and Service + 1 more
Locations  Chennai
Local Time 6:48 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 450 thousand (Native Currency: INR 37,500,000)
Reason: The promoter is preoccupied with another venture and will be handling their business abroad.
Includes physical assets worth USD 400 thousand
Interested to connect with advisors
Documents
Business Overview

- We are India's first automated tunnel car wash business, providing services to both four-wheelers and two-wheelers.

- Offer car wash, car detailing, accessories, car add-ons, ceramic coating, AMC, painting works, sun filming, paint protection film, bike wash & detailing services.

- Have more than 15,000 customers on our database.

- We have tied up with 20 suppliers for the accessories.

- On average we receive 20-30 customers daily for four-wheeler services and 5-10 customers for two-wheeler services.

- Majority of our revenue comes in from car wash services.

- We have achieved more than 400% growth rate over the years. The initial sales was INR 3,00,000 per month and now it is around INR 16,00,000 per month.

- The promoter won the Young Entrepreneur Award for the year 2017.

Products & Services Overview

Car wash, car detailing, accessories, car add-ons, ceramic coating, AMC, painting works, sun filming, paint protection film, bike wash & detailing.

Assets Overview

1 tepo auto base fully automated car washing machine, imported washing equipment, complete detailing machineries, stabilizer and 3 phase converter, 4 air conditioners, power generator, computer systems, compressor 5 HP, double side visual display outside the showroom, and office interiors.

Facilities Overview

Built-up area of 4,800 sq. ft. with a monthly rent of INR 1,15,000 + GST. The security deposit paid is INR 10,00,000. The lease agreement is for 9 years and is transferable to the buyer.

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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