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Car Wash With Strong Customer Loyalty
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $358000
Net Profit / Cash Flow $140000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1980
Number of Employees 4 - 5
Inventory 205000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Owner will stay onboard for 1-2 months.
Reason for Sale Owner needs to concentrate on his real estate, has a lot of rental properties.
Description Location: Brooklyn, Kings County, New York 11214.
Asking: $499,000.
Gross: $358,000.
Cash Flow: $140,000.
Furniture, Fixtures & Equipment: $200,000.
Inventory: $5,000 (included in price).
Financing: Owner will hold small note.
Full service car wash and quick lube with a 120 ft. conveyor tunnel. Huge stacking is not a problem, there are big box retailers all around the neighborhood. The facility has been recently upgraded with latest environmentally friendly equipment such as: solar skylights installed throughout car wash cuts down on use of electricity during the day. This is a true turn key operation. It is located on a high traffic road, great exposure, close to traffic light. Property is on 1/4 acre of land with plenty of room for expansion such as detailing ... you could increase revenues by a projected avg. of $75,000 a yr or more just by adding detailing. Deposit must be held in escrow. Must be liquid for at least $350,000. Owner can show numbers but will only do so for serious inquiries.
Facilities: Great parking , Long Tunnel, 5th year of a 30 year lease .. $3500 p/ month. There are 5 vacuum cleaners, very long Car Wash with a fantastic set-up.
Competition: High traffic Area located in one of the best neighborhoods in brooklyn. This Car Wash gives you the most bang for your buck. Very low payroll and rent, almost fully automatic with a long lease in place.
Growth and Expansion: Cons: There is No C-Store and there is no Waiting Area or detailing. By adding detailing alone you could increase revenues substantially. Pros: Very good reputation and all equipment is in Excellent Condition. There is no need for changing anything or upgrading. Signage and outside could use some spit and polish. This is a really good investment , well-water.
Email or contact Jon henry Quinones at 718-407-9676 for more information on this Car Wash business for sale.
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