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Asking Price:	$1,950,000 USD USA Dollars
Business for Sale Industry:	Auto & Mech: Car Wash, Detailing
Reason for Selling:	Business opportunity out of state.
Year Established:	2004
# of Employees:	15
Yearly Revenues:	$771,000
Yearly Cash Flow:	$370,000
Yearly EBITDA:	$370,000
Yearly Net Profit:	$370,000
Yearly Gross Income:	$771,000

Business for Sale Overview:

2005 gross sales increased 38% over 2004 (1st year of operation), while other car washes throughout the tri-state area declined 25% to 30% in 2005. With all new area developments slated in 2006, this car wash should continue to post very significant sales and profit gains.

Property Features and Assets:

Two year old facility with state-of-the-art full compliment of equipment. 90" tunnel. Oil change and detail bays. Walk-away and retail impulse areas. 28 years left on lease. In a shopping center with McDonalds, Chase Bank, CVS, Blockbuster, Dollar Store, North Fork Bank and 10 more very attractive businesses. Assumable first mortgage in place.

Market Competition and Expansion:

Home Depot just opened and Walmart will be breaking ground shortly right next to the car wash. A new shopping center will be built close by along with multiple-family homes.

Additional Details:

• The property is leased.
• 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.