Business Overview:
The Business for sale is a world-class, leading manufacturer and distributor of high pressure wash systems, accessories, and specialty cleaning chemicals to the self-service car wash industry. This Company is recognized for innovative products, quality manufacturing, and superior performance. Considered a “one stop source” for self-service car wash equipment, cleaning solutions, related parts, and service. Management is committed to complete customer satisfaction and it is dedicated to delivering the highest possible standards of quality in its manufacturing process. In addition to its state-of-the-art car wash systems, this company has developed its own blended cleaning chemicals to better meet customer demand. The Company maintains a well-planned and organized Web site providing a wealth of information on its history, product line and the depth of its manufacturing expertise.
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Property Features and Assets:
The Company’s headquarters, with 39,000 square feet of manufacturing, warehouse, and office space, is located on 2.5 acres of prime commercial real estate. The Company leases its facilities from the principals at $36,000 per year (triple net), which is considered fair market value rent for this location. Given the right terms and conditions, the land and building are also for sale or lease in this transaction.
Market Competition and Expansion:
The Company expects to continue to capitalize on its excellent industry reputation, as management has now successfully steered the Company through the worst economic recession since the 1930’s. In this challenging macroeconomic environment, the management remains very optimistic and is now projecting total revenues to exceed $1.25 million in 2011. This favorable forecast is clearly supported by exceptionally strong orders already posted so far in early 2011.
The Company has begun marketing revolutionary roll-over automatic wash systems, and it is now exploring development of a superior stainless steel vacuum. It is marketing the roll-over automatic distributorship to a new distributor. This new equipment distributor will market both the WashWorld roll-over automatic and the Company’s own self-service car wash equipment. Additional product offerings will emphasize energy efficiency such as LED lighting.
Management is also investigating a completely new product line which draws power from alternative energy (i.e. solar collectors for hot water, photovoltaic panels for power, etc.). This Company is likely to initially introduce these new offerings locally, and then expand the distribution base as product awareness builds and distributors are properly trained in installation and service procedures.
The Company is well positioned to capitalize on the global economic recovery now underway and also on the favorable economic forecasts for its industry in years ahead.
Reason for Selling:
Diversification of owners’ personal financial inte
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: