Owner Financing is Available!
Business Overview:
Car wash and 2 related cash businesses were completely redone from the ground up by the current owner. They invested about a million dollars in all new equipment and leasehold improvements, creating state of the art services. Busy thoroughfare, just off a major highway. The sales in 2010 were up 20% over 2009 so this is still in the growth phase. Already very profitable, this is an investment with a 30 year productive cash flow horizon for someone already in the business, or a lucrative final career move for a serial entrepreneur. Opportunity for a new owner to earn income before debt and income tax in the mid-6 figures.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Current base lease is August 2010 - July 2011 at $6,450 per month with 36 years remain on the lease with annual increases from this low base. The Real Estate may be available for the strip mall that houses these businesses and several other tenants.
Market Competition and Expansion:
The current owner expects another double digit % increase in sales in 2011. Broker has detailed list of expansion possibilities
Reason for Selling:
Relocating out of state where he has interests
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: