Two In-Bay Automatic + Self-Service Carwashes

Not Disclosed, IL
Winnebago County


Asking Price: Annual Revenue:
$1,099,000 $310,000

Automotive & Boats: Car Wash, Auto Detailing


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RE: Two In-Bay Automatic + Self-Service Carwashes Broker: Harry H. Caruso

Quick Facts

Asking Price: $1,099,000
Annual Revenue: $310,000
Net Profit: $200,000
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: $350,000
Real Estate: $400,000
Year Established: 1994
Employees: 1
BBN Listing #: 153959262
Broker Reference #: IL-014

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Business Overview:

OVERVIEW
Two automatic + self-service combo carwashes. Two completely separate sites with real estate included at both.

SITES
Washes are both located within a distance where shared maintenance / management is optimal and of ease. Despite high cash flow as currently arranged, both sites are natural conveyor tunnel conversion candidates as well. Real estate is owned by the current owner and seller and is included in the price and sale of the businesses.

PERSONNEL AND SETUP
Truly turn-key for a new owner. Can keep on current systems and own as largely passive operation, or can be routinely maintained by hands-on owner for maximum true net cash flow.

FINANCIALS
Over the past twelve months these washes have grossed a combined $310,000 in gross sales, producing a combined ~$200,000 in cash flow.

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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