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Asking Price: $1,990,000

Car Wash for Sale

Not Disclosed, TX
Hunt County

Car wash for sale! Thriving car wash business with five Northeast Texas locations! The current owner established four of these locations in 2017 and expanded with another in early 2022, upgrading each one along the way. With one full-time manager and two part-time associates in place, owner involvement is minimal. All five locations boast a minimum of four self-serve bays and feature spot-free rinse systems. Three of the locations even offer the convenience of an automatic bay.Strategically positioned within three territories in Northeast Texas, these car washes dominate two areas and are rapidly growing in the third. The local demographic consists mainly of low to middle-income Caucasian individuals. Due to the lower income levels and smaller population, the market is not conducive to full-service or express tunnel car washes. However, this particular service model is perfectly tailored for each location. Competition is scarce for all but one location that has multiple competitors in the immediate area. This business maintains a competitive edge and reliable sales by offering attractive prices and maintaining clean facilities.While the business currently relies on word of mouth and visible locations for marketing, the business can benefit tremendously through proactive marketing strategies. Direct mailing, flyers, discounts, a loyalty program, and targeting fundraising groups are just a few examples of effective marketing initiatives that could expand the customer base beyond the immediate area. Financial trends indicate consistent growth, and there is ample opportunity for further expansion. Price adjustments, utilizing unused space for additional income streams such as vending machines, and adding automatic bays to the two locations that don't have one would significantly boost efficiency and revenue.With the current employees in place, the day-to-day operations require minimal involvement from the current owner. The owner is responsible for handling coin collections on a bi-weekly basis and assisting with supply orders. However, switching to an owner-operator model would make the current employees unnecessary. A new owner-operator could save considerably on wage expenses and hire a part-time contractor as needed. Combined with a strategic marketing approach, this carwash business has the potential to reach its maximum income capacity. Don't miss out on this lucrative opportunity! Submit a Buyer Registration and NDA with V-AID to learn more!

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Cash Flow $325,138
Revenue $510,623

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