Hand Car Wash For Sale
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $800000
Net Profit / Cash Flow $299900
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2008
Number of Employees 20 - 34
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Owned
Reason for Sale Other business interests.
Description This hand car wash business for sale is located in an affluent neighborhood on Long Island. Lease is for 20 years, with another five years' option of renewal, too. Net cash flow, after deducting all the expenses, is $300,000 a year. The car wash holds all the essential ingredients, which a quality car wash must demonstrates: this car wash has a spacious sitting room, breakfast and coffee facility, and state-of-the-art equipment. It is almost an absentee owner business; the owner just comes three days a week, and that too only for two hours a day. The owner, with half of the asking price as a down payment, is willing to finance to a qualified buyer. There is a plenty of room on the car wash to start change of oil service. As the neighborhood is affluent, so are the charges: charges for detailing of a car are from $250 to $300.
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