One High Volume Express Wash

Not Disclosed, MI
Wayne County

Asking Price: Annual Revenue:
$14,400,000 $2,066,799

Automotive & Boats: Car Wash, Auto Detailing

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RE: One High Volume Express Wash Broker: Harry H. Caruso

Quick Facts

Asking Price: $14,400,000
Annual Revenue: $2,066,799
Net Profit: $1,073,295
Cash Flow: $1,073,295
Total Debt: Not Disclosed
FF&E: $1,500,000
Real Estate: $2,000,000
Year Established: 1987
Employees: 7
BBN Listing #: 831859262
Broker Reference #: MI-012

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Business Overview:

This represents an opportunity to acquire an established single-site express car wash located in Michigan with strong brand recognition and operating performance. This site is located in an affluent commercial and residential area along a high-trafficked route with a densely populated 3-mile radius.

The site consists of .64 acres of land, real estate is owned and included in the sale transaction

Facility and equipment is well-maintained with significant capital improvements being performed over the last 3 years.

Operations only require 3 to 4 employees on-site daily. There are 7 employees in total for this site.

With $2,066,799 in gross sales (2021) and an EBITDA Margin of 52%, this site consistently experiences high cash-inflow throughout the year. New operators should also expect to benefit from the site’s membership program.

Financing is available in the ways of conventional bank financing and SBA financing.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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