High Profile Car Wash, Gas, C - Store, Lube Permit
Location New Jersey,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $4500000
Net Profit / Cash Flow $1000000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1994
Number of Employees 10 - 19
Inventory 700000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training 3-6 months to train
Reason for Sale Retiring
Description High profile Car wash, Gas, C-Store for sale or investment, car wash currently pays annually $650,000 in mortgages, owner salaries and misc debt. Lube would add minimum $300,000 in profits so would create $1.M in net profits with completed site. 732-310-1360. KevinedDealing with private funding past 20 years, Interested in sell lease or partners. Car wash renovat about 6-7 years ago other than some cloth replacement (for wraps) in great mechanical condition. 2x 15 HP Sherman vacuum system w/Sherman tank great system. High ticket in upper class township. Gas history for 20 years 150,000 due to a bad fuel contract only doing $75-80,000 would need $1.8M to remove existing supplier become free and look for better deal. ''AS IS'' Appraisal 4 years shows over $4M (property buildings, Bridgewater has held or even increased) business evaluation would be over $2M w/o improvements. Need a $2M investor for 1 year 12-15% or sale of $5.5M, Lease would need $2.M for business + $18,000/mo 15 year lease w/purchase or extension options.
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