High End Car Wash With Land
Location California,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $1532640
Net Profit / Cash Flow $600091
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1981
Number of Employees 50 - 99
Inventory 30000
Relocatable No
Number of Employees 50 - 99
Real Estate Owned
Training Transition assistance will depend on experience of the buyer. There is management in place to run the business.
Reason for Sale Other business interests.
Description This is a unique opportunity to own a very profitable car wash, including land, with the option to keep the existing business or converting to a multi-family/retail development. The existing business is located in an affluent Northern California city. There is approximately one acre of land on a multi-lane, high traffic city street. If the new owner prefers a more passive business he can proceed with the development of the property. The current owner has engaged a design firm that has submitted a site proposal to the city. The city has tentatively agreed to several commercial alternatives. The one that is best suited for the property consists of fourteen town homes, ten lofts and a 3,000 s.f. retail center. Cash flow for the car wash is $600,091 for 2007. Price including land is $5,800,000. Email or contact Rick Balon at 925-829-3027 or cell at 925-719-5945 for more information on this Car Wash / Land for sale.
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