Under Contract: SE TN Tunnel Wash. Great Location

Chattanooga, TN
Hamilton County


Asking Price: Annual Revenue:
$3,100,000 $560,000

Automotive & Boats: Car Wash, Auto Detailing


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RE: Under Contract: SE TN Tunnel Wash. Great Location Broker: David Melton

Quick Facts

Asking Price: $3,100,000
Annual Revenue: $560,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $2,600,000
Year Established: 2017
Employees: 6
BBN Listing #: 546356001
Broker Reference #: Not Disclosed

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Business Overview:

OPPORTUNITY
This location is in the Southeast featuring recently update equipment. They currently have a loyal customer base of 1000+ that can be expanded. The new build was completed in 2017.

REAL ESTATE
Real Estate is available for purchase. The Car Wash is in a major retail shopping district about two miles from a major retail hub and just off a major interstate. The Mall and main location for the subject property are anchored by Shopping Centers, Office Spaces, Restaurants, Movie Theaters, and Grocery Stores.. There are a few other big-box retailers on the primary corridor connecting the area with the interstate including Walmart, Lowes, and Home Depot, among other large retailers. This is a dense single-family and multifamily development in the middle of the retail development.

SETUP AND PERSONNEL
The current owner is arms-length with a minimal level of day-to-day involvement. Staff and management oversite in place and would stay aboard under new ownership (if desired).

FACILITY AND EQUIPMENT
Carwash is an express 80ft conveyorized tunnel.

LIFESTYLE
Most Southeast states enjoy no state income tax, massive industry growth, free lottery-paid college tuition, and a low cost of living.

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Property Features and Assets:

State of the art facilities. New build in 2017.

Reason for Selling:

Seller seeks other interests.

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.

Relevant Links:

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