Business Broker.Net | Connecting Business Buyers and Sellers

Business for Sale Overview:

Marcus & Millichap is pleased to present for sale the Genesis Car Wash Portfolio. This offering includes the business and the properties, consisting of three self serve car washes located in Sulphur Springs, Texas. The portfolio is offered at a 12.3 percent total cap rate with a return of 27 percent after debt service for the entire portfolio. Sulphur Springs is located about 85 miles northeast of Dallas along I-30. Genesis Car Wash offers a new owner the opportunity to acquire a cash-flowing business, and the chance of redeveloping the land in the future in an excellent location in north Texas. Please contact me to receive the full offering package.

Property Features and Assets:

Each car wash consists of four self serve bays with vacuums. They are located in retail locations with high traffic counts, and surrounded by multi-family properties. All equipment is in good working order and is serviced regularly.

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 may become a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.