Package of Three IBA/SS Car Washes - TN

Not Disclosed, TN
Knox County


Asking Price: Annual Revenue:
$3,000,000 $624,614

Automotive & Boats: Car Wash, Auto Detailing


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RE: Package of Three IBA/SS Car Washes - TN Broker: Harry H. Caruso

Quick Facts

Asking Price: $3,000,000
Annual Revenue: $624,614
Net Profit: $275,799
Cash Flow: $275,799
Total Debt: Not Disclosed
FF&E: $1,500,000
Real Estate: $900,000
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 963159262
Broker Reference #: TN-014

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Business Overview:

OVERVIEW
This opportunity involves a portfolio of three uniformly branded car washes in Knoxville, TN featuring two IBA (In-Bay Automatic) / Self-Serve Combination Washes and One Express Tunnel Conversation Wash.

SITES
A combined ~2 acres of land/real estate which is owned and included in the sale.

FACILITY AND EQUIPMENT
These locations feature two friction In-Bay Automatic Bays recently serviced and maintained along with six Self-Serve Bay monthly serviced in great condition and one Express Tunnel conversion candidate currently operating as a Self-Service Wash. This package also includes recently installed Paystations, vacuums, a reverse osmosis water treatment system, along with additional equipment continually maintained.

PERSONNEL AND SETUP
The seller does not wish to stay on post-sale; however, this site consists of employees and a manager of operations who is willing to stay on with a new and incoming owner

FINANCIALS
Financials to be provided upon an executed NDA.

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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