Listing Expired

Business For Sale

Automotive & Boats: Car Wash, Auto Detailing

Car Wash

Middlesex County, NJ

Asking Price: Annual Revenue:
$1,100,000 $312,000

Business Overview:

Auto hand washer with tunnel projecting 24,000 cars at $13 per car. Location on major highway with high traffic count. 7 self serve bays. 10 camera surveillance system. Business needs an infusion of money. Currently it’s an exterior only instead of full service. Fair to good condition. Needs owner/operator to be hands on. Upside tremendous by adding 9 S.S vacuum, canopy, and ventral vacuum (Tunnel) plus servicing bays will Inc revenue by 60,000 per year. Convert bays to quick lube. Buyer needs to be approved of $780,000 (assumable) loan. 3/08 bank appraised property at 1.825 M. Seller willing to take on partner. Buyer will receive 1/3 of property plus 1/3 of business for 300,000.

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Property Features and Assets:

Equipment 7 years old. Tunnel and 75.5 bays, fair condition

Reason for Selling:

needs cash infusion

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.

Request More Information
Contact the Seller

RE: Car Wash Broker: Jim Hamdan Executive Business Brokers

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $312,000
Net Profit: Not Disclosed
Cash Flow: $53,288
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: Not Disclosed
Listing Number: 77462979

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