SBA Pre-Qualified-TWO Self-Service Car Washes w/RE

Not Disclosed, NC
Craven County


Asking Price: Annual Revenue:
$2,195,000 $446,382

Automotive & Boats: Car Wash, Auto Detailing


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RE: SBA Pre-Qualified-TWO Self-Service Car Washes w/RE Broker: Sean Rollins
Owner Financing is Available!
109750.00

Quick Facts

Asking Price: $2,195,000
Annual Revenue: $446,382
Net Profit: Not Disclosed
Cash Flow: $259,361
Total Debt: Not Disclosed
FF&E: $450,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 1
BBN Listing #: 562558201
Broker Reference #: 13485-850126

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Business Overview:

Excellent Discretionary Earnings, and SBA Pre-Approval!

Current Owner-Operator only spends 10 hours a week attending to both car washes. Ideal for the investor who wants to be an absentee owner! CPA generated historical financial records are ready for investor to review.

Two well established, profitable car washes, located in popular coastal cities of eastern North Carolina.

One car wash has six self-service bays, and two Automatic Roll-Over Bays. The second has two Automatic Roll-Over Bays.

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Property Features and Assets:

The Owner has been in the Car Wash Business since 1990, which is when he began working with his father. His many years of experience working in the business gave The Owner the confidence to branch out on his own. In 2011, The Owner started his first Car Wash, which is located in one community and which contains a 2-bay Automatic Roll-Over Car Wash. In 2013, he opened his second Car Wash in a another regional community, which has 6 Self-Service Bays, in addition to a 2-bay Automatic Roll-Over Bay Car Wash. He has been able to take the success he and his father created in working together over the years and replicate it across all of his individually owned Car Washes in other communities. He operates under the principal of offering the best prices, the cleanest cars, the highest quality product, and exceptional customer service.

Market Competition and Expansion:

These two car wash complexes are one of the longest running, most established car washes in the area. One car wash has state of the art eco-friendly water conservation system already in place. This results in approximately 80% savings in the water bill! Potential Growth The allure of Eastern North Carolina has made it a hot spot for relocation. These two coastal communities continue to see the benefits of individuals and families relocating to the area.

Reason for Selling:

Other interests.

Additional Details:

  • The property is leased.
  • 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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