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Business For Sale
EXTERIOR CAR WASH & QUICK LUBE
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Asking Price: |
$4,000,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Car Wash, Detailing
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Yearly Revenues:
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$2,000,000 |
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Yearly Net Profit:
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$625,000 |
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Monthly Payroll:
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$50,000 |
Business for Sale Overview:
Fantastic Bronx location. Heavy traffic day and night. In addition, wash and lube is located 2 blocks away from one of the busiest shopping roads in all of the Bronx. Ultra modern facilities : only opened 2 years.
Car wash has 100' tunnel and 4 detail bays with 10-12 car stacking and good size wipe down apron. Quick lube has 6 bays with full basement for employees to work and speed service. There is still great unrealized potential. There is no owner on the premises. Both facilities are open only 2 years. Oil companies regularly predict that lube sales don't peak until the 5th year: projections are that lube sales will exceed $1.3m in three years. Prices for coin vacuum and exterior wash are 2 years old and too low considering there is no competition. An increase across the board of .50 is justifiable.
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