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  |    Impact Investment   |   Our Portfolio    |  Wawe Care Wash

 

 

OUR PORTFOLIO: Wawe Car Wash

 

 

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Wawe Car Wash is a start-up business fully financed by RegCharles Finance and Capital using our MICROEQUITY Model. Here, RegCharles took up 51% equity in Wawe Car Wash as the company required fund injection of $30,000 for 4 years. The business is currently managed by the promoter of the business, who also doubles as the operations and logistics manager.

 

However, RegCharles Finance and Capital doubles as a strategic partner involved in the short and long term planning of the activities of the company. Business Advisory services are of utmost importance in this model, as WAWE car wash is a start-up company, and requires the expertise of RegCharles Finance and Capital to ensure Wawe Car Wash is a going concern and is able to repay its obligation within the specified tenor. For control measures, the company’s accountant and auditors are hired by RegCharles Finance and capital, nevertheless, the company’s promoter is properly trained to carry out these functions in the event of maturity of the obligation and RegCharles relinquishes its duties.


Industry Analysis:  Strategic location is a huge plus for the growth of this industry.


Impacts

      •  The Car Wash has begun operations and 5 staff have been hired during this preliminary stage,

      •  Partnership with RegCharles has given the client an opportunity to have access to fund,

      •  access to markets,

      •  access to business information and access to entrepreneurship trainings,

      •  The company is already well structured from its inception,

      •  A concise business plan has been developed for the client to meet their future funding needs.

 

Click to read on RegCharles' other Impact Investment

      •  Elegance Agro-allied Multipurpose Business Limited

      •  Vglamour Creations Limited

      •  Sarvil Limited

      •  Purio Nigeria Limited

      •  Everight Diagonistics and Labouratory Services

      •  Capelli Beauty Salon & Spa Centre

      •  Coldstone Global Synergy Limited

      •  Sonil International Limited

 

 

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