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Business For Sale

Spectacular Full Service Car Wash & Lube

Essex County, NJ

Auto & Mech: Car Wash, Detailing

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$3,400,000
$1,861,500
Not Disclosed
$1,050,718
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$600,000
Not Disclosed
1950
10
245533783
Owner Financing is Available!
Seller financing available to qualified buyers.

Business Overview:

This is truly a Spectacular car wash & lube business. A rare find. Established in the 1950's, purchased by the current owner in 1997 and completely renovated with top of the line everything. In addition to full service car wash & lube they also offer: detailing & shampooing, tire rotation, fuel injection service, transmission flush, radiator flush, emission service, differential service, brakes service and replacement, and light mechanical services. They currently out source window tinting to a tenant at the facility. This service should be taken over by the new owner. They recently installed an espresso bar with a full-time server, offering coffee, espresso, soup, hot dogs, chili and slushies. The real estate is also available presently or as an option to buy at a later time.

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:

135' tunnel. Entire facility completely renovated. Property size 20,685 SF (.475 acres); car wash bldg 5,240 SF; lube bldg 3,550 SF. Well water, city water, reclaim system, 2 state-of-the-art computer systems. 2nd floor: offices, bathroom, storage. Located in the heart of the City's downtown retail district.

Market Competition and Expansion:

Owner lives in Florida and is absent from the business. A new owner/operator can eliminate 2 of the 3 managers saving in excess of $160,000 annually. Also, a hands on owner would produce significant increased revenues and profits. Building another lube bay since the lube operation is at capacity, turning away customers at peak times. Many more specific expansion plans contained in an information package available.

Reason for Selling:

Retirement.

Additional Details:

  • The property is owned.
  • 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: