Premier Tunnel Car Wash with Detail & Office Space

Not Disclosed, NY


Asking Price: Annual Revenue:
$1,399,000 $450,000

Automotive & Boats: Car Wash, Auto Detailing


Request More Information
Contact the Seller

RE: Premier Tunnel Car Wash with Detail & Office Space Broker: Harry Caruso

Quick Facts

Asking Price: $1,399,000
Annual Revenue: $450,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $850,000
Year Established: 2006
Employees: 6
BBN Listing #: 292259262
Broker Reference #: NY-013

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

OVERVIEW

Opportunity to own the only high-quality hand tunnel wash and detail shop in this affluent area. Situated at a major and highly trafficked four-way intersection, this wash is configured and set up for continued growth. Currently washing +17,000 cars over the past twelve months and having grown gross sales +10% in comparison to calendar year 2019. This carwash will be cash flow positive day one while offering major room to grow even further from here. Additional and ancillary current and future revenue generating opportunities offer a unique potential for a new owner. Office space, an unutilized wing, and an underutilized store, all present incremental and natural continued growth opportunities. Prime real estate on which the wash sits is owned and included in the sale.


SITE AND SETUP

Situated on a favorable ~0.35 acre lot (real estate is owned and included in sale)

Main Wash Tunnel
- ~70 feet tunnel
- Room to comfortably stack seven cars at a time
- Attached well equipped and accommodating store and interior waiting area

Secondary Wing
- Currently unused but can be utilized for increased detailing room, vacuums, or even a second tunnel
- Room to comfortably stack seven cars at a time
- Attached well equipped and accommodating store and interior waiting area

Office Space
- Unutilized but could be used by owner as personal office or could be sublet to introduce another incremental and additional source of revenue


FINANCIALS

Over the past twelve months this carwash has washed and detailed ~17,000 cars.? With an average wash ticket price of ~$23 and an average detail ticket price of $130, this wash produced +$450K in total gross sales over the past twelve months on an adjusted basis, representing a 10% increase over 2019.?

Furthermore, this wash bolsters and diversifies its revenue with store and merchandise sales and outsourced window tinting and vinyl applications.?

FACILITY AND EQUIPMENT

Intentionally setup as a premier hand tunnel wash, the tunnel features automatic rinses, full and new chemical pumping stations, triple foam application arches, an undercarriage wash system, and a top-notch and well-equipped dryer arch setup.?

The wash also features an automatic tunnel control system, POS system, full and extensive live security system, and more.?

This carwash is equipped to process increased volumes under it’s current setup or could be naturally converted to a conveyorized setup if desired.?

COMPETITION

This wash faces a very thin level of local competition with just one other car wash in a three-mile radius (and with this single wash being a completely different wash model and with little shared traffic).?

HISTORY AND BACKGROUND

This car wash is the beneficiary of being a long-standing operation and is well-regarded in the way of reputation and quality.? Having been originally established in 2006, the current owner purchased this car wash in 2018 with the intentions of bringing it to its full potential.? Despite being successful in increasing figures and starting down this path, an unanticipated move to several states away has left the current owner wanting to sell in order to take a more hands on approach with a business and opportunity that is closer to his new home.?

FINANCING

Financing is available for this wash in the form of both SBA (504 and 7a) and Conventional. However, this wash will require $250,000 of bare minimum cash equity injection by the purchaser at time of acquisition.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

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

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!