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- RE: NEW ROOF! Classic Tunnel With Self-serve Bays.
- Contact: Joseph Teague
Quick Facts
Asking Price: | $429,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $150,000 | |
Real Estate: | $494,000 | |
Year Established: | 1961 | |
Employees: | Not Disclosed | |
BBN Listing #: | 611243891 | |
Broker Reference #: | 9525-293469 |
Business Overview:
NEW ROOF! Classic Tunnel with Self-serve bays. Value Add
Turn around opportunity located in CNBC's Top State for Business. This location can be your home for any number of Profit Making endeavors. Continue as Car Wash, add services or repurpose. Seller will demonstrate that all equipment is fully operational prior to close. The business is ready to resume operations so a new Owner can take the property into the future. The site has good frontage and visibility. There are No Financial Records. Current Owner purchased assets after Car Wash ceased operations. Re Roofed in May 2024. Terms offered to Well Qualified Buyers with Experience, Credit Score +725 and $50k-$75k cash.
The Tunnel features a Two Arch Brush system. The wash bays can accommodate most passenger vehicles. There are self service interior vacuum stations and paved lot. The location has traffic from nearby Wal-Mart, Bank and popular restaurant. Self pay stations allow for 24 hour self-service operation or with attendants, you can offer higher dollar custom services and even full detailing.
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Property Features and Assets:
FF&E Overview: complete self-service and automated car wash equipment with attached office and waiting area.
FF&E General Condition: owner will prove: all equipment is operational.
Market Competition and Expansion:
Competition: There are other car washes in the area but none that offer both self-service and full service. This business is centrally located on a busy street near popular shopping, banks and restaurants.
Expansion: This is an excellent opportunity for passive income while working largely absentee. The large .89 acer lot allows for the addition of full service and auto detailing during business hours. The self-pay station also allow for 24-our self service wash stations to remain open.
Reason for Selling:
Other Business Interests.Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Virginia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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