Seller's Contact Information
- RE: Two Car Wash Portfolio- WI
- Contact: Harry H. Caruso
Quick Facts
Asking Price: | $2,260,000 | |
Annual Revenue: | $887,000 | |
Net Profit: | $328 | |
Cash Flow: | $328,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 1,150,000 | |
Real Estate: | $1,100,000 | |
Year Established: | 2010 | |
Employees: | 10 | |
BBN Listing #: | 88659262 | |
Broker Reference #: | WI-117 |
Business Overview:
Overview:
Project 117 represents an opportunity to acquire one Full Service car wash and one In-Bay Automatic / Self Service combination car wash in Wisconsin.
The two sites are separately branded and operate within a 3.2-mile radius and conveniently share 10 employees.
The sites have been operated since late 2021 with an absentee owner and have achievable upside for a new owner willing to be onsite and enhance the operations.
These sites serve the community with very few competing washes in the area and both sites have membership programs in place.
This opportunity is a natural fit for a possible rebuild / conversion with zoning already in place.
The real estate is owned and included in the sale for both locations. The owner is seeking to sell 100% and does not intend to stay involved in the business post-transaction.
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Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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