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RE:  One Express Car Wash Contact:  Harry H.

Quick Facts

Asking Price: $2,100,000
Annual Revenue: $407,000
Net Profit: $158,500
Cash Flow: $158,500
Total Debt: Not Disclosed
FF&E: $1,250,000
Real Estate: $800,000
Year Established: 1999
Employees: 6
BBN Listing #: 345559262
Broker Reference #: FL-022

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Business Overview:

OVERVIEW
This opportunity represents an Express Exterior and Self Serve combination car wash located in the Southwest region of Florida. This site can be successfully operated as is, or rather converted into a true express exterior given its lot size and potential for a natural strategic layout.

SITE
Situated on a spacious 1.12-acre lot, the property offers versatility for various operational enhancements, including conversion into a true express exterior facility. The strategic location, coupled with a favorable demographic landscape, creates a compelling proposition for an incoming owner seeking to optimize profitability in the thriving Florida market.

FACILITY AND EQUIPMENT
This wash features a 100 ft. tunnel, four (4) self-serve bays and 12 vacuums with ample room for operational expansion.

PERSONNEL AND SETUP
A total of 1 full-time employee and 5 part-time employees. The current manager is willing to stay on post transaction with significant years of experience to keep day to day operations top-notch.

FINANCIALS
Under previous ownership, this wash enjoyed a historically more profitable trajectory. However, external factors such as adverse weather conditions and operational inefficiencies resulted in intermittent disruptions. These challenges adversely impacted customer loyalty, yet the potential to restore and surpass previous financial performance levels remains achievable.

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. The owner’s SBA loan is assumable at 6% rate to the new buyer.

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Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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