A Lean and Efficient IBA/Self Serve - MI

Not Disclosed, MI
Genesee County

Asking Price: Annual Revenue:
$1,200,000 $406,050

Automotive & Boats: Car Wash, Auto Detailing

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RE: A Lean and Efficient IBA/Self Serve - MI Broker: Harry H. Caruso

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $406,050
Net Profit: $273,976
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

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Business Overview:

Please reach out to Damien Nguyen for more information.

This opportunity represents an efficient IBA and Self-Serve carwash location with strong brand recognition and operations in its respective area.

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.

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.

Only 1 Full-Time employee is needed to maintain the operations of this car wash site.

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 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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