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DealProspect/Listings/Automotive

Car Wash & Detailing Studio - Merrylands

ActiveAutomotiveNew South WalesB2C
Asking price
$350,000
Disclosed · AUD
Revenue
$520,000
TTM
Net Profit
$234,000
Implied multiple
1.5×
asking / earnings
Brief
  • Purpose-built car wash and detailing studio in basement parking near Merrylands/Greystanes, Western Sydney
  • Wash bay, vacuum bay and two detailing bays covering window tinting, dent repair, ceramic coating and PPF
  • Currently washing 60-100 cars per week with strong average spend on detailing and ceramic coating services
  • 10-year lease in place; sale driven by the owner's unrelated business interest