Car Wash With 1 Full Serve & 4 Self Serve Bays
Location Florida,United States
Asking Price Range < $250K
Gross Revenues $224211
Net Profit / Cash Flow $60143
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 1 - 3
Inventory $55500
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Seller will remain through transition. Car wash attendant may consider staying on for 20 hours per week.
Reason for Sale Distance from seller's home.
Description This 7 year old car wash is strategically located just off of I-95 and at the intersection of 2 major roads on the Space Coast of Florida. The seller has a business to business discount agreement with Murphy gas. The current owner is selling because it is over 120 miles from his home & he can t give the business the attention it needs. There is a part time attendant who works 20 hours per week that may stay with the business if needed. Tremenous opportunity for growth. All Equipment in great shape & tunnel equipment is only 1.5 years old. Owner is selling the real estate for $1,475,000.
Detailed Information:
Facilities: Unique car wash with a 55 in bay automatic tunnel & 4 self-serve bays as well as 6 vacuum stations. This 2,911 Sq. Ft building is located on .61 acres of land and is situated at the entrance to major shopping.
Competition: There is little competition within 5 miles of the property & a 2008 appraisal lists the competition as below average.
Growth & Expansion: The tunnel wash is capable of being converted to a full service or exterior conveyor system if desired. Full detail car washes being performed by attendent & not on gross sales numbers.
Financing: Seller may consider some owner financing.
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