Gorgeous Car Wash And Property - Corner Lot
Location New Jersey,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $606933
Net Profit / Cash Flow $278028
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1992
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description Gorgeous Car Wash and Property - Corner Lot. State of the Art! The location is in an affluent Northern NJ town just 25 minutes from Manhattan. The business was just renovated 1 year ago. This car wash has not even come close to reaching its potential. This is the most modern car wash in the area. Their attention to detail is unrivaled. The business features an 85 ft tunnel, c-store and 2 bay detail center. Almost all business comes from retail customers. They have very few dealership accounts. That is a great growth opportunity. The business and property must be purchased together. The business is selling for $900,000.00. The property is selling for $1,200,000.00 (Lot is 3/4 of an acre with $16,000/yr in taxes). Together they are going for $2,100,000.00. In the past year the business grossed approx. $642,627.00 with a Net Income of approx. $307,587.00. Full financials will be provided upon buyer showing Proof of Funds for at least $1.2 million ($900K for the business and $240K as a 20% downpayment on the property). If you meet these qualifications, call or email Mel Vaz today at 1-877-735-5224
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