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Car Wash / Gas Station / C - Store / Auto Detail Shop
Location Rhode Island,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $715300
Net Profit / Cash Flow $682000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2002
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes.
Reason for Sale Health issues.
Description This has it all! People come from miles around for this car wash because it's the only one in the area! With its 90 ft. Tunnel, this automatic conveyor system performing approx. 50 car washes per day, each taking just 60 seconds, takes in over $10,000/month! This car wash utilizes a state of the art water recycling system that recaptures and reuses 100% of the water. This property also offers a 6 pump full/self-serve gas station with a .10+ per/gal $. The two 4,000 gal. Underground tanks are double walled and meet all future code requirements. Rack plus 0 currently in place with gas supplier for the duration of the 8 yr. Contract remaining. Possibility of buying out of contract with current supplier. Profitable auto detailing bay, currently doing at least 2 full details per day, with lift for mechanical work -lots of possibilities in this area ( jiffylube, etc.). Under developed convenience store has huge potential for growth. Presently in need of lottery and inventory. The 4,000 sq ft building and everything in it are only 7 yrs. Old and are all in excellent condition sitting on a highly traveled interstate route 138 with over 10,000 cars passing everyday. With an annual cash flow of $682,000, this place is a gold mine! Currently only being operated by 2 full time & 1 part time employees and hours of operation, at this time, are only from 8am-7pm--mon.-sat. and 8am-6pm-sun. Could be open 24 hrs. Financing available at a low interest rate of 5.3%--asking $1,200,000. Email or call dorothy filipe at 508-415-6121 for more information on this car wash / gas station / c-store / auto detail shop for sale.
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