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Full Service Car Wash Includes Property
Location Ohio,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $520000
Net Profit / Cash Flow $210000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1986
Number of Employees 10 - 19
Inventory 135000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Yes
Reason for Sale Retirement
Description With cash flow exceeding $200,000 and building and contents insured for over $725,000, this is an outstanding opportunity for a buyer looking for steady income and the ability to be your own boss. This is an easily managed turn key operation with knowledgeable and experienced employees. Consistent attention has been paid to providing excellent service resulting in a large following of loyal and repeat customers. It has unparalleled visibility, a high traffic count, and is close to shopping, commercial, and residential areas. The facility is actually comprised of 2 floors (3000 square feet each floor) with the wash tunnel and customer service area taking up the first floor. The second floor is currently not being used, but is available for office space or storage. Current owner has maintained the property and contents for over 10 years in a very high quality manner. New customer counter area, roof, awnings, gutters, and interior have all been done in the past 3 years. Qualified buyer will need to have 20% down (over $200,000 cash), good credit, and will potentially qualify for a 25 year loan. The car wash is located about 15 minutes from downtown Cincinnati. This is a great opportunity to acquire a profitable business and a valuable piece of real estate. Asking price is $1,100,000. Call Dan Long at 513/315-3006.
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