Full Service Carwash | Express Exterior Options

Not Disclosed, NJ
Monmouth County


Asking Price: Annual Revenue:
$2,133,000 $1,200,000

Automotive & Boats: Car Wash, Auto Detailing


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RE: Full Service Carwash | Express Exterior Options Broker: Harry Caruso

Quick Facts

Asking Price: $2,133,000
Annual Revenue: $1,200,000
Net Profit: $260,000
Cash Flow: $260,000
Total Debt: Not Disclosed
FF&E: $1,150,000
Real Estate: $1
Year Established: 2010
Employees: 17
BBN Listing #: 843459262
Broker Reference #: NJ-015

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Business Overview:

OVERVIEW
Long-standing carwash that has been owned and operated at its current location since 2010. A traditional full service ~140’ conveyor tunnel car wash with Express exterior options.

SITE
~3.0 acre lot. Long standing and well trafficked wash with limited competition within the area.

FACILITY AND EQUIPMENT
~140ft conveyorized tunnel car wash is setup for high quality and volume. High end equipment with regular maintenance.

PERSONNEL AND SETUP
There are currently seventeen employees, all would be interested in remaining a part of the business under new ownership. The current owner’s involvement is daily.

FINANCIALS
Gross sales for the trailing twelve-month period of +$1.2MM. Several large cost categories present opportunities to reduce cost basis and expand profit margins further, but even without said optimization and with current systems - this carwash produced ~$265K of net cash flow over the same trailing twelve months.

COMPETITION
There is no meaningful competition in the surrounding area.

HISTORY AND BACKGROUND
This car wash is a long-standing operation; has been owned and operated by the same owner who built the carwash in 2010. Despite being successful in increasing figures and starting down this path, the current owner would like to move on and enter retirement.

NEXT OWNER
Ideal opportunity for an individual looking to make a career shift and step into a true turnkey opportunity. For those with industry experience, this wash presents a natural and attractive opportunity to leverage pre-existing industry knowledge and grow your car wash footprint to the next level with a loyal customer base.

FINANCING
Conventional and SBA financing is readily available for any creditworthy potential purchaser and arrangement of such will and can be facilitated. Qualified buyers should expect to put as little as ~15% down as cash for purchase when combined with appropriate and available financing structure.

CONCLUSION
This opportunity provides an attractive return and fantastic business for either first time car wash owners or those already in the industry that are looking to expand their footprint.

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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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