Business
Please quote reference B08325
CoGoGo presents an exciting opportunity to acquire a well-established Waves Hand Car Wash franchise, located in a prime position at the Tesco Extra car park in Sutton Coldfield.
Established in June 2024, this business has quickly gained traction and boasts a strong reputation for offering premium hand car washing and detailing services. With high visibility and access to over 40,000 shoppers per week, the location guarantees a consistent flow of customers.
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Waves Sutton Coldfield uses only top-of-the-line AutoGlym products, ensuring quality service and satisfied customers. In just a few months, the business has garnered over 70 five-star reviews on Google, highlighting the excellent customer experience and growing local support.
This franchise is fully operational, with staff in place and ready for a seamless transition. The current owner is focusing on other business ventures and is selling this established operation at a highly competitive price, making this a fantastic investment. The franchising fee was initially £36,000 (including assets), but to start from scratch with a Waves franchise today, you would need to invest at least £125,000. With assets valued at approximately £3,000 included in the sale, this is a turnkey business with minimal setup costs.
The business benefits from professional social media profiles on Instagram and TikTok, with engaging video content already driving customer engagement. Unused promotional content is included for future marketing campaigns, making it easy for a new owner to continue growing the customer base.
With the busiest trading period approaching from November to February, the business is set to see a significant increase in revenue, offering immediate returns for the new owner. Waves offer a comprehensive one-week training program for new franchisees, and the current owner is willing to provide additional support during the transition to ensure continued success.
Don’t miss this chance to own an established car wash franchise in a high-traffic location!
Location
A prime location at the Tesco Extra car park in Sutton Coldfield, offering excellent visibility and access to more than 40,000 shoppers weekly. This ensures a steady stream of potential customers.
Premises
Waves Hand Car Wash operates within the Tesco car park, utilising a dedicated space with a kiosk for customer service, offering convenient vehicle cleaning while shoppers visit Tesco.
Tenure
This opportunity is being sold on a Leasehold basis with 4.5 years remaining on the lease.
The current rent is £1,650 per month plus VAT.
Hours
The current operating hours are:
Monday to Saturday – 9:00 am to 5:00 pm
Sunday – 10:00 am to 4:00 pm
Staff
This business is run and managed by our client with the help of 3 full-time staff members and 2 part-time staff members.
Financial Profile
This business forecasted a turnover of £90,000 for the first 12-month period. Full financials can be made available upon further request.
