Newly Renovated Full Service Car Wash W/Cheap Rent

Business Overview:

This is a newly renovated full-service car wash located in Rhode Island. The facility boasts a modern infrastructure, including an 85-foot new conveyor and five self-serve vacuums. Due to urgent medical conditions, the seller is looking for a quick sale. The property is listed at $625,000.

Additional Amenities: Apart from the car wash's primary services, the property also offers two vending machines that can serve as additional income streams. These amenities can attract a broader customer base, enhancing the business's overall profitability. m

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Property Features and Assets:

Strategic Location. The car wash is situated on a busy road, experiencing a daily traffic count of approximately 20,000 cars. This high-traffic location significantly increases the business's visibility and potential customer base. Favorable Lease and Tax Conditions. The property comes with a new 25-year lease agreement, featuring extremely competitive terms. The starting monthly outlay for rent and taxes combined amounts to only $2,000, providing a beneficial operational cost framework for the new owner. Monthly Rent: $2,000 Lease Ends: 2048-01-01 Area: 20,000 sq/ft Building Type: Attached Terms and Options: Rent Increases to $2300/Month I Year 2025

Market Competition and Expansion:

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Reason for Selling:

Health issue.

Additional Details:

Documents:

Relevant Links:

• View more Rhode Island businesses for sale
• View more Businesses For Sale in the same industry
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• Find a business broker