Package of Two In-Bay Automatic + Self-Service Car

Not Disclosed, IL
Tazewell County


Asking Price: Annual Revenue:
$5,095,000 $1,200,000

Automotive & Boats: Car Wash, Auto Detailing


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RE: Package of Two In-Bay Automatic + Self-Service Car Broker: Harry H. Caruso

Quick Facts

Asking Price: $5,095,000
Annual Revenue: $1,200,000
Net Profit: $675,000
Cash Flow: $675,000
Total Debt: Not Disclosed
FF&E: $1,500,000
Real Estate: $1,000,000
Year Established: 1986
Employees: 1
BBN Listing #: 256159262
Broker Reference #: IL-012

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Business Overview:

OVERVIEW
Two in-bay automatic + self-service combination carwashes. Two completely separate sites with real estate included at both.
SITES
Two large sites with well and continuously maintained equipment.

The first wash sits on a massive +2.25 acre lot and features four in-bay automatic bays (touchless and friction) along with ten self-service bays. Ample room for both stacking and to accommodate the twelve vacuum stations on site.

The second wash is located on a large +1.50 acre lot on which there are three touchless in-bay automatic bays, eight self-service bays, along with 10 vacuum stations.

Real estate is owned by the current owner and seller and is included in the price and sale of the businesses.

PERSONNEL AND SETUP
These carwashes are the least labor intensive of all carwash models and the current long-time owner has tried-and-true systems and personnel in place – allowing the buyer and next owner to step in and continue the high level of performance, cashflow, and steady growth these washes have and will continue to experience.

FINANCIALS
Combined these two carwashes gross $1.2MM of unadjusted gross sales over the past twelve months, netting $675,000 to EBITDA over the commensurate time.

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.

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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