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DealProspect/Listings/Automotive

Hand Car Wash - Cheltenham

Automotive Workshop

ActiveAutomotiveVictoriaB2C
Asking price
$450,000
Disclosed · AUD
Revenue
$806,000
TTM
Earnings (est.)
~$239,382
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.9×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Hand car wash in Cheltenham
  • Trades 7 days a week
  • Same owner for 3 years
  • Long lease with a 5-year term plus 5-year option
  • Described as highly profitable