Owner Financing is Available!
Business Overview:
Fantastic High-End Hand Wash. State of the Art! The location is on the corner of an extremely high-traffic intersection. The building and business are now 6 years old. Currently washing 40,000 cars and growing! This Car Wash has not even come close to reaching its potential. This is the most modern car wash on a great corner (across from a major retail store). No other car wash in the area comes close. Their attention to detail is unrivaled. The business features a 65 feet tunnel, convenience-store and detail center. Almost all business comes from retail customers. They have very few dealership accounts. That is a great growth opportunity. Business is available for sale with or without the property. The business by itself is selling for $1.75 million with $1.17 million down and negotiable terms on the balance. The business and property together are going for $3.75 million. (Lot is 15,000 square feet with $36,000 per year in taxes) If you are just looking for the business alone, the landlord will offer a 20 year lease starting at $9,250 per month. In 2010 sales were up 5% over 2009. The business grossed approximately $940,000 with a Net Income of approximately $494,000. Full financials will be provided upon buyer showing Proof of Funds for at least $1.2 million.
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.
Reason for Selling:
Personal
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.