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Businesses For Sale   >>   Texas Businesses For Sale Categories   >>   

Car Wash 3 Pack

Location  Texas,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $165570
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1970
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Train for two weeks.
Reason for Sale  Retirement.
Description  Seller is offering three self-service, token and coin operated, car washes as a package for $950,525.00. The washes are located in the north Houston area and have been in continuous operation by the same owner. Two washes were built in the 1970's and one in 1980. The package consists of one four bay self service wash with brick construction - also has small building to the rear that can be leased; one five bay self service which includes a truck bay - brick construction - good commercial property; and one six bay self service with an automatic - property will have to be replatted. Sale includes land (total of approximately 42,000 SF - depending on re-platt for the three locations), building and all equipment (vacuums, bill changes, pumps, etc) and supplies. Gross sales for all three washes was $164,570.00. The owner is selling because he wants to retire. He will seller finance the washes with 30% down, 7% annual interest amortized for 15 years, with a balloon in 5 years. Buyer will have a two week feasibility period and owner will train for two weeks after closing. Contact Al Heizer 713.268.1878 for more details.
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