A Great Car Wash Portfolio with Real Estate

Not Disclosed, NJ
Essex County

Asking Price: Annual Revenue:
$9,200,000 $3,000,000

Automotive & Boats: Car Wash, Auto Detailing

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RE: A Great Car Wash Portfolio with Real Estate Broker: Jeff Bell or Rod Ross

Quick Facts

Asking Price: $9,200,000
Annual Revenue: $3,000,000
Net Profit: $1,000,000
Cash Flow: $1,000,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 461410728
Broker Reference #: 312NJ

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Business Overview:

CAR WASH 1: One of the best well known and original full service car washes in NJ, established in 1957. Extra long tunnel with 150' conveyor that allows online vacuuming and 10 car drying area for high volume processing. Almost 110,000 cars were washed in 2019. Tunnel is packed with state of the art equipment(MacNeil and Sonnys). Micrologic POS. Car Wash has a front and rear entrance and exit. Seller just raised prices $2. That allows another $200,000 in gross sales. Quick lube opened in mid Oct 2019. The wash currently has about 1,800 unlimited members.

CAR WASH 2: This is an 80' tunnel with mostly Belanger equipment that was completely overhauled in 2019. This wash could easily be converted to an exterior express. Micrologic POS.The wash currently has about 900 unlimited members.

Gross Sales and Cash Flow are projections for 2021.

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Additional Details:

  • The property is owned.
  • 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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