IBA + SS Car Wash - TN

Not Disclosed, TN
Knox County


Asking Price: Annual Revenue:
$699,000 $216,256

Automotive & Boats: Car Wash, Auto Detailing


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RE: IBA + SS Car Wash - TN Broker: Harry H. Caruso

Quick Facts

Asking Price: $699,000
Annual Revenue: $216,256
Net Profit: $106,631
Cash Flow: $106,631
Total Debt: Not Disclosed
FF&E: $450,000
Real Estate: $209,700
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 202659262
Broker Reference #: TN-011

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Business Overview:

OVERVIEW
This is an opportunity to acquire an IBA (In-Bay automatic) and Self-Serve Combination Car Wash in Knoxville, TN.  

SITE
This site sits on .80 acres of land/real estate which is owned and included in the sale.

FACILITY AND EQUIPMENT
This location features one friction In-Bay Automatic Bay recently serviced and maintained along with five Self-Serve Bays monthly serviced in great condition. This site also includes recently installed Pay stations, vacuums, a reverse osmosis water treatment system, along with additional equipment continually maintained.

PERSONNEL AND SETUP
The seller does not wish to stay on post-sale; however, this site consists of 2 employees and a manager of operations who is willing to stay on with a new and incoming owner

FINANCIALS
This site produced a total 2021 revenue of $216,000. Updated financials to be provided upon a signed NDA

FINANCING
Conventional and SBA financing is readily available for any creditworthy potential purchaser and arrangement of such will and can be facilitated. Qualified buyers should expect to put as little as ~15% down as cash for purchase when combined with appropriate and available financing structure.

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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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