14-year-old Car Wash Service company, DED approved and a very unique & valid license which has three different activities, Car Wash, Valet Parking & Building Cleaning services. Just been renewed for another year. The company also has full approval from RTA for Mobile Car Wash. Please note that the license itself has huge value because issuance of New Car Wash license has been stopped in 2006.
Earlier the company was in a commercial area car wash, now shifted to residential buildings in Dubai Marina, DSO, JVC, IMPZ, Old Town etc. It has its own mobile app (iOS & Android) sourcing business digitally and providing services on call. Also moved to outsource staff instead of hiring permanent staff. The digital services have their own bike, cleaners, DED approvals and sales staff.
The mobile app is fully functional with customer , admin & rider interface, also has payment gateway connectivity for all credit / debit card payment.
Right now having long-term car wash service contract with multiple buildings. All the buildings are profitable, though the revenue has gone down bcoz of the COVID situation. However, after the launch of the Mobile App and service on Bike, the business has gone up and now contributing to the majority of the revenue.
Total Number of Staff on payroll # 2 + 1 manager + 1 part-time outsourced Accountant
ROI is approx. 18-20% per year
A few months back we launched our website, surprised by the calls we started getting thru that. Now launched a mobile app, started with one bike now have to add more. We want an investor who is well versed with Dubai and wants to have a running business with good returns. The company has Very active Facebook & Instagram page.
The new owner will guide the company to the next level and if willing can get into building cleaning and valet parking as well. We have already 150 riders available and waiting on outsource contract. The current owner has 4 other companies and not being able to devote time to this. The new partner will get total control of the company. .
The manager is well trained and mature, he runs the entire show. The new partner has to be involved only in scaling up the business maintaining accounts and day to day administration.
Active bank account in DIB, company has its own TRN ( VAT), paying VAT on time. Insurance for premises worth 1 Million AED has just been renewed.
The scope of expansion is huge and the condition of the market has very less impact because each of these customers is paying only AED 100 – 300 per month. With the mobile app & website along with a bit of focus on social media marketing, the revenue can multiply within a few months
If you are in Dubai and want to have an additional business without much headache, this is the ideal business for you
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