Business For Sale

Gorgeous Car Wash and Property - Corner Lot 23736

Essex County, NJ
Essex County


Asking Price: Annual Revenue:
$2,100,000 $606,933

Automotive & Boats: Car Wash, Auto Detailing


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RE: Gorgeous Car Wash and Property - Corner Lot 23736 Broker: Melvin L. Vaz
Owner Financing is Available!
1,200,000.00 Down & The business and property must be purchased together. The business is selling for $900,000. The property is selling for $1,200,000.00.

Quick Facts

Asking Price: $2,100,000
Annual Revenue: $606,933
Net Profit: Not Disclosed
Cash Flow: $278,028
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1992
Employees: 15
BBN Listing #: 68484447
Broker Reference #: 23736

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Business Overview:

Gorgeous Car Wash and Property - Corner Lot. State of the Art! The location is in an affluent Northern NJ town just 25 minutes from Manhattan. The business was just renovated 1 year ago. This car wash has not even come close to reaching its potential. This is the most modern car wash in the area. Their attention to detail is unrivaled. The business features an 85 feet tunnel, convenience-store and 2 bay detail center. Almost all business comes from retail customers. They have very few dealership accounts. That is a great growth opportunity. The business and property must be purchased together. The business is selling for $900,000.00. The property is selling for $1,200,000.00 (Lot is 3/4 of an acre with $16,000/year in taxes). Together they are going for $2,100,000.00. In the past year the business grossed approx. $642,627.00 with a Net Income of approx. $307,587.00. Full financials will be provided upon buyer showing Proof of Funds for at least $1.2 million ($900,000 for the business and $240,000 as a 20% down payment on the property). If you meet these qualifications, call or email Mel Vaz today.

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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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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