Two Gas Stations + Carwashes + Real Estate

Not Disclosed, NJ
Burlington County

Asking Price: Annual Revenue:
$7,531,000 $9,500,000

Automotive & Boats: Car Wash, Auto Detailing

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RE: Two Gas Stations + Carwashes + Real Estate Broker: Harry Caruso

Quick Facts

Asking Price: $7,531,000
Annual Revenue: $9,500,000
Net Profit: $1,000,000
Cash Flow: $1,000,000
Total Debt: Not Disclosed
FF&E: $1,500,000
Real Estate: $3,000,000
Year Established: 2003
Employees: 4
BBN Listing #: 24959262
Broker Reference #: NJ-016

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Business Overview:

For sale is a package of two high volume, heavily trafficked, and prime location gas station plus carwash combos. Each of the two sites feature both a gas station and an express exterior tunnel carwash.

Real estate is owned and included at both sites. Collective sites total 2.5 acres of prime real estate. Both sites are extremely heavily trafficked with each seeing well over 40K cars a day drive past. Both sites feature ample, ideal, and maximum direct main road frontage and high volume facilitating ingress and egress.

Gas stations at both sites are premium branded and collectively across the two sites boast 20 pumps. Recent and significant capital improvements on the gas station side of the businesses including lighting, EMV payment capacity, and canopies.

Carwashes have well kept and top notch equipment. The carwashes at both sites are conveyorized express, with one being a ‘lite’ Flex Service (the vast majority of cars utilize traditional express exterior option), with the wash at the site being a pure express exterior model. Combined across the two sites are thirty vacuums.

Both sites feature well-trained and long tenure personnel, all of whom would stay on for a new owner desiring such.

On a combined and consolidated basis, the four businesses and two sites grossed +$9.5MM over the past twelve months in sales and are on track to gross $10.5MM during CY2021.

The carwashes are responsible for roughly 10% of the gross revenue, with the gas stations attributable for the remaining 90% in topline.

Of the collective $9.5MM of Gross Sales produced over the past twelve months, $1MM of such is true free cash flow. CY2021 has this growing above and beyond the trailing twelve month $1MM figure.

Both conventional and SBA financing is available for qualified buyers (those with $2.25MM of cash equity liquid and available for purchasing).

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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