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- RE: Carwash W/Real Estate! Value Add Opportunity
- Contact: Joseph Teague
Quick Facts
Asking Price: | $429,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $150,000 | |
Real Estate: | $494,000 | |
Year Established: | 1961 | |
Employees: | Not Disclosed | |
BBN Listing #: | 611243891 | |
Broker Reference #: | 9525-293469 |
Business Overview:
This automated and self-serve car wash with REAL ESTATE, has been a fixture in this town since1961. Due to illness in the family the business has been closed since late 2022. Seller will prove all equipment is fully operational. The business is ready for a new Owner to take the property into the future with a new Vision. The site has ample frontage and visibility.
The business features three self-service wash bays, an office w/waiting area, and a fully automated wash bay. There are self service interior vacuum stations and a large paved lot. The location is terrific with high traffic near a Wal-Mart, Bank and popular restaurant. Self pay stations allow for 24 hour self-service operation or with attendants, you can offer higher dollar custom services and even full detailing. Terms offered to Well Qualified Buyers with Experience, Credit Score +725 and $75,000 cash.
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Property Features and Assets:
FF&E Overview: complete self-service and automated car wash equipment with attached office and waiting area.
FF&E General Condition: owner will prove: all equipment is operational.
Market Competition and Expansion:
Competition: There are other car washes in the area but none that offer both self-service and full service. This business is centrally located on a busy street near popular shopping, banks and restaurants.
Expansion: This is an excellent opportunity for passive income while working largely absentee. The large .89 acer lot allows for the addition of full service and auto detailing during business hours. The self-pay station also allow for 24-our self service wash stations to remain open.
Reason for Selling:
Other Business Interests.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Virginia businesses for sale
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- Find a business broker
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