A Lean And Efficient IBA/Self Serve - MI
Not Disclosed, MI Genesee County
Seller's Contact Information
- RE: A Lean And Efficient IBA/Self Serve - MI
- Contact: Harry H. Caruso
Quick Facts
| Asking Price: | $1,200,000 | |
| Annual Revenue: | $406,050 | |
| Net Profit: | $273 | |
| Cash Flow: | $273,976 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 725,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | 1 | |
| BBN Listing #: | 994859262 | |
| Broker Reference #: | MI- 015 |
Business Overview:
CONTACT
Please reach out to Damien Nguyen for more information.
OVERVIEW
This opportunity represents an efficient IBA and Self-Serve carwash location with strong brand recognition and operations in its respective area.
SITE
The site sits on a 0.40 acre lot and shares an agreement with the owner of a gas station next door, generating a percentage of sales with each pump that includes a wash.
FACILITY AND EQUIPMENT
Approximately $50,000 in capital expenditures have been invested in this location over the past 3 years. Crypto pay is set up for each self-serve bay, Wash Clubs & App for the automatic.
PERSONNEL AND SETUP
Only 1 Full-Time employee is needed to maintain the operations of this car wash site.
FINANCIALS
The wash incurs high EBITDA margins and year over year revenue growth due to its lean business operations. 2022 garnered $328K in revenue whereas 2023 is projected to produce $406K in revenue.
FINANCING
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 homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from
Asking Price: $4,750,000CarWash & Lube Property for Sale! High Cap Rate!
This is a super Deluxe CarWash, Lube and Property! Excellent area!Must see!
Asking Price: $27,500,000Chain of 6 Carwashes, NJ, incl Property and Lubes!
These are top of the line,major locations.Very Hi Tech. All newly renovated. Top of line computers, equipment , well,Building materials.Our super successful Management team can run it for You. Or operate Yourselves!
Asking Price: $10,450,0002Top ,Deluxe CarWashes, same Owner.
These gated Beauties, Excellent income areas.1 acre plus Properties! Can add Quick Lubes to double profits!Over 100 ft building! Completely modern automated!Low Expenses!Very DESIRABLE!MUST SEE!Email Me for Complete perspective!
Asking Price: $5,200,000Full Service Car Wash, Lube and Self Serve with Land
Full service car wash and lube on 2 acres. There is also a 4 bay self serve. 35 cars can stack on line. Located on a busy road with shopping all over including a supermarket and big box retailers. Absentee ownership.
Asking Price: $12,000,000North Shore LI Super Car Wash 1 Acre Land $3M/YR
One of a kind Car Wash located on the North Shore of Long Island Customer base is upscale Average price is well over $30/CarEstablished since 1995 Long tunnel huge wipe down apron and stack up area Very little competition
Asking Price: $3,500,000LI Flex/Express Car Wash $1,568,000/YR + land
Express Flex Car Wash North Shore of Long Island established full serve car wash Great area surrounded by car dealerships, fast food franchises and a dense upscale population Located on a very busy road.Land is available approximately 1 acre.
