In-Bay Automatic Self-Serve Combo Car Wash

Not Disclosed, IL
Kane County

Kane County

Asking Price: Annual Revenue:
$895,000 $256,000

Automotive & Boats: Car Wash, Auto Detailing

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RE: In-Bay Automatic Self-Serve Combo Car Wash Broker: Harry Caruso

Quick Facts

Asking Price: $895,000
Annual Revenue: $256,000
Net Profit: $100,000
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $525,000
Real Estate: $435,000
Year Established: 1991
Employees: 3
BBN Listing #: 272259262
Broker Reference #: IL-013

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Business Overview:

Historic In-Bay Automatic Self-Serve Combo Car Wash for sale.

~0.75 acre lot. Long standing and well trafficked wash with limited competition within the area. The real estate is owned and included in the purchase of this car wash.

Two touchless automatic bays and three self-serve bays. Eight canister vacuums serviced frequently.

There are currently three part-time employees, all would be interested in remaining a part of the business under new ownership. The business has the ability to be run absentee owner, however the current owners involvement is daily.

This carwash grossed is on track to gross $256K in 2021 and to do +$100K in EBITDA.

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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