Self Car Wash For Sale
Location Tennessee,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2011
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description 7 bay self-serve coin operated car wash (partially operating - 4 bays operating). And one automatic machine operated car wash bay that is not operating and in need of repair and equipment. Estimated cost of repairs and new equipment about $10,000. This car wash is located right in front of a gas station, which is right off of a major thoroughfare. Owner asking only $45,000. The car wash is generating between $500 and $750 a month currently, with no management, upkeep, or maintenance at all. But new ownership - providing the time, management, maintenance, upkeep, and tender loving care that it needs - will result in a healthy cash flow. And this opportunity is priced for quick sell - $45,000 - to anyone who is able to see the potential. Neglect and lack of management is why this business - that at one time produced a steady cash flow - has declined. Did $155,000 in 2007 (much of that net income after few expenses) and has seen sharp decline in business since then due to neglect and no management. Was not open in 2011. In 2012 thus far the current owner has not had the time to give it the proper management that it needs.
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