High Return with Room for Growth Car Wash

Albuquerque, NM
Bernalillo County

north east

Asking Price: Annual Revenue:
$2,000,000 $613,795

Automotive & Boats: Car Wash, Auto Detailing

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RE: High Return with Room for Growth Car Wash Broker: Priscilla Dakin

Quick Facts

Asking Price: $2,000,000
Annual Revenue: $613,795
Net Profit: Not Disclosed
Cash Flow: $239,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: NM
Year Established: 1995
Employees: 11
BBN Listing #: 671431884
Broker Reference #: VCW12020

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Business Overview:

This well-located full-service car wash serves the general public and has fleet work as well. The NE Heights of Albuquerque corner location reports 30,000 traffic count. The full-service car wash consists of a 60+/- foot tunnel with an office, reception area, and equipment room. Included is real property, existing inventory, furniture, fixtures and equipment. The point of sale system reports revenue for 2019 at $613,000, up 6% from 2018. The fleet business is an additional $6,000 in 2019 with a new larger client coming on in 2020. Cash flow in 2018 was $239,000 and 2019 is expected to exceed this. Staff members manage the entire process of wash and the owner serves as general manager, not working close to full time. A chip a other minor auto service business could be added with an expected $50,000 or more in income likely to be managed within the existing staff levels. The business and real property are on the market for $2MM. Seller financing of a qualified buyer is a potential. A perfect investment for the investor wanting or not full time engagement.

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Reason for Selling:

Other Professional Interests.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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