Full Service Tunnel Carwash For Sale

Not Disclosed, NC
Mecklenburg County


Asking Price: Annual Revenue:
$1,375,000 $650,000

Automotive & Boats: Car Wash, Auto Detailing


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RE: Full Service Tunnel Carwash For Sale Broker: Harry H. Caruso

Quick Facts

Asking Price: $1,375,000
Annual Revenue: $650,000
Net Profit: $375,000
Cash Flow: $375,000
Total Debt: Not Disclosed
FF&E: $425,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 7
BBN Listing #: 123159262
Broker Reference #: NC-013

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Business Overview:

OVERVIEW
Landmark tunnel car wash for sale in one of North Carolina’s prime growing and desirable geographies. Wonderful location, flexible setup, and a long-standing and well-established brand presence with high community recognition.

SITE
This carwash sits directly upon the corner of a major four-way intersection. Well over 25,000 cars pass by this wash every day.

The wash sits upon well over half an acre of prime real estate and features a layout that provides ample frontage and visibility. The flexible layout allows for high-volume washing.

The real estate is currently leased by the wash and the lease is being sold with the business, not ownership of the underlying real estate itself. The long-term lease features favorable terms including modestly set rent of $4,200 per month and features 16 years remaining on the lease term as it currently stands today (with the potential option to extend even further).

SETUP
This car wash is currently configured as a full-service wash but also offers both express exterior and full detail offerings as well. Easily converted to a more traditional flex model or even a pure express exterior model if desired by the new owner.

FACILITY AND EQUIPMENT
100ft conveyorized tunnel, separate vacuuming setup and stations, and canopied sections for detailing and customer waiting.

Equipment at this site is very well maintained with all major components either replaced or properly serviced within the past couple of years.

FINANCIALS
This car wash grosses ~$650K in sales each year - consistently and without fail. Even after rent and a fully staffed full-service personnel team, this wash still converts ~$375K to EBITDA annually.

COMPETITION
Local and relevant competition in the surrounding area is minimal.

NEXT OWNER
This car wash provides an attractive opportunity for all potential car wash buyer types. First time owners can take confidence in the stable and consistent cash flows and long-standing history that this wash produces and features. Experienced car wash owners and operators will see tremendous value in the both the current operation and the potential improvements and changes that can be made to take this wash to even the next level.

FINANCING
Financing is readily available for this car wash via SBA and Bank Debt. Qualified interested buyers can expect to put anywhere from 10 – 25% down depending.

CONCLUSION
Located in a high growth, densely populated, and highly coveted geography of North Carolina, this wash is an excellent and attractive opportunity for anyone looking to purchase a car wash and produce consistent and significant cash flows.

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 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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