Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$1,000,000 USD USA Dollars
Business for Sale Industry:	Auto & Mech: Car Wash, Detailing
Reason for Selling:	Various due to divorce
Year Established:	1978
# of Employees:	1PT
Yearly Net Profit:	$171,144

Business for Sale Overview:

Built in 1978, the facility includes 119 mini-storage units, a 3300 SF office warehouse, a bill board leased for $750 per month & a 6 bay self-service car wash. The mini storage has the following units: 4 –13X13; 8-10X20; 8-10X15; 9-10X25; 7-10X30; 43-10X10; 22-8X10; 16-5X10 and 2-4X5. They maintain over 90% occupancy. The storage could use some cosmetic work. The car wash is one of the better revenue producers in the city. The business is surrounded by apartment complexes. There are no financials; owner will finance with $250,000 down @ 9% for 15 years.

Property Features and Assets:

The buildings are brick construction which need some cosmetic work. The property is 62,321 SF and is concrete. Access to two streets. Billboard on property leased. Located in the middle of approximately 2000+ apartments.

Market Competition and Expansion:

Great money maker. Revenue can be increased by increasing rental fees.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.