Established Car Wash For Sale - 29302

Not Disclosed, NJ
Monmouth County

Asking Price: Annual Revenue:
$2,400,000 $495,000

Automotive & Boats: Car Wash, Auto Detailing

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RE: Established Car Wash For Sale - 29302 Broker: Gerald Nimberg

Quick Facts

Asking Price: $2,400,000
Annual Revenue: $495,000
Net Profit: Not Disclosed
Cash Flow: $225,000
Total Debt: Not Disclosed
FF&E: $1,250,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 32454447
Broker Reference #: 29302

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Business Overview:

Located in Monmouth County, New Jersey, this well-known car wash has just come on the market. The owner has put this business and property up for sale because his son, who runs this business refuses to add related services that are in demand in the area and, in the past, ran two other family businesses out of the business. The car wash earns $225,000 net on sales of $495,000. Run mostly absentee (the son works there 3 days per week), the facility has the set-up, equipment and space to substantially develop add-on business. It has the underground bays to add an oil change business similar to Jiffy Lube and detailing services and well, both of which are common to car washes. It also has the garage bays to bring in regional auto repair business particularly the repair of Japanese and German cars which is absent in the region. Finally, the property is large enough to bring in an auto rental business-budget, Dollar or Enterprise. Please contact the broker for further information.

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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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