Asking price: £29,995

Sales revenue: < £200k

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Franchise terms
5 year franchise term from the commencement date. Able to re-new after 5 years (subject to contract). Franchise fee to be paid monthly in advance with any VAT. Franchisee responsible for utility bills, rates, insurance etc.

Business description
Waves Car Wash Ltd provides professional car wash and valeting services to landowners across the UK. Waves currently works with Tesco supermarkets, shopping centres, petrol stations and many others and has a total of 30 sites.
Waves' highly experienced management team provide excellent professional support and exceptional customer service on all levels.
Professional site set-up, top of the range equipment and on-going marketing support, makes Waves the leader in the industry.

Franchise package for this site includes the following:
*Refurbish exterior site including painting of canopy, pillars, handrail etc
*Upgrade power and water connections as required improve lighting (all at Waves’ discretion)
*Install a quality jet wash system
*Refurbish interior site including painting and decoration
Install a customer waiting area/reception which will include chairs, tables, comfortable seating and TV
*Wash and valeting equipment
*Consumables and detergents starter packs
*Marketing pack incl. signage, leaflets, promotional items
*One month’s free monthly fee
*Full training (initial and ongoing)
*Dedicated area manager to support you and in your business growth

Years established: Franchisor established 2006; 30 sites in UK

Employees: TBC

Trading hours: Monday - Saturday 8am - 7pm; Sunday 10am - 4pm

Location
Former petrol station on a busy road in Leeds to be converted in to a car valeting centre.
Waves will complete the full set-up, equipment installation etc as part of the initial franchise fee. For more detailed information on site, equipment and package, please contact Waves.

Competition / Market
No local competition within 3 mile radius that we are aware of.

Support & training
Initial full training provided, thereafter management and on-site support as required.

Financing available
NatWest supports the Waves franchise and will fund up to 70% of the fee, subject to candidate status.