Express Car Wash + Laundromat $720,000/YR Absentee

Not Disclosed, NJ
Somerset County


Asking Price: Annual Revenue:
$1,250,000 $720,000

Automotive & Boats: Car Wash, Auto Detailing


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RE: Express Car Wash + Laundromat $720,000/YR Absentee Broker: Rodney M Ross

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $720,000
Net Profit: $310,000
Cash Flow: $310,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $3,500,000
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 498710728
Broker Reference #: 334NJ

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Business Overview:

Express no wipe car wash in working class neighborhood. Location has been established for 50 years. Current owner has been there about 10 years. Owner hasn’t raised prices in 10 years. Can easily upgrade POS system to offer unlimited wash club.  Very easy to operate.  Separate area with self serve vacs that can be upgraded to free vacs. Absentee Owner is ill and visits car wash once a week.

Car Wash $495,000 Laundromat $225,000 Tremendous upside potential
Ross Brothers Inc.

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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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