Business Overview:
Indiana Truck Wash – This two bay truck wash has experienced steadily growing sales, despite a slowly recovering national economy, since it opened. It is located on an Interstate highway, and highly satisfied customers keep spreading the word. The growth is expected to continue as more truckers become aware of this fine facility, and as the economy continues to improve. Since, with addbacks, the business is more than covering its expenses, the Buyer can attain excellent profitability by continuing to grow sales and control expenses. The business was profitable (without addbacks) during the first quarter of 2012. The stated Asking Price of $980,000 includes $600,000 of real estate, which is available through William L. Goss, (317) 575-9000, but the total price is shown because the business will not be sold without the real estate and vice versa. The Asking Price for the Business is $380,000.
Furniture, Fixtures, & Equipment: $ 83,000
Vehicles and / or rolling stock: $ -0-
Inventory: $ 1,000
Accounts Receivable (if included): $ -0-
Land and Building (if included): $ 600,000
Other Assets: $ -0-
Current Liabilities to be assumed: $ -0-
Current Notes to be assumed $ -0-
Asking Price: $ 980,000
Down Payment: $ 147,000
Annual Sales Volume: $ 165,000
Cash Flow: $ 17,000
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:
7,500 square feet building on 3 acres near an Interstate highway interchange.
Market Competition and Expansion:
There is only one competitor within 40 miles. This business is ready for expansion with the improving economy and its growing favorable reputation.
Reason for Selling:
One partner is unable to continue washing trucks.
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: