Louisiana In-Bay Automatic Portfolio

Not Disclosed, LA
Lafayette Parish


Asking Price: Annual Revenue:
$13,465,000 $2,400,000

Automotive & Boats: Car Wash, Auto Detailing


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RE: Louisiana In-Bay Automatic Portfolio Broker: Harry H. Caruso

Quick Facts

Asking Price: $13,465,000
Annual Revenue: $2,400,000
Net Profit: $1,600,000
Cash Flow: $1,600,000
Total Debt: Not Disclosed
FF&E: $2,700,000
Real Estate: $3,500,000
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 471059262
Broker Reference #: LA-011

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Business Overview:

OVERVIEW
This is an opportunity to acquire a turnkey portfolio of seven (7) In-Bay Automatic car washes located in Louisiana. All sites less than 15 miles apart (<30 – minute drive). The real estate is owned for each site and included in the sale.

SITE
All seven sites are consistent and uniform in model, with each consisting of a single-bay automatic car wash system

FACILITY AND EQUIPMENT
The current equipment at this location is well maintained with a facility that undergoes continuous capital improvements.

PERSONNEL AND SETUP
Laborless operation with no employees

FINANCIALS
Grossing over $2M in annual sales with a constant and steady growth to be expected upon a new and incoming owner/operator.

FINANCING
Financing is available in the ways of conventional bank financing and SBA financing. Qualified interested buyers can expect to put anywhere from 10 – 25% down depending.

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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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