Tunnel Car Wash And Laundromat
Location Michigan,United States
Asking Price Range < $250K
Gross Revenues $135179
Net Profit / Cash Flow $26857
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1998
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes, training and assistance after the sale.
Reason for Sale Career demands.
Description Cambridge Business Group - 616-844-0030. Ask Price: $99,000 with 3-year fixed lease at $1,500/month (neg). The business combines a tunnel Car Wash with a Laundromat all enclosed within a quality-constructed building built in 1998. Real estate available separately at $550,000.
The impression of the facility is that of quality and space. The structure is textured concrete and sits on a spacious 1.3 acre lot allowing plenty of room for customers while buffered in front by a grassy area. A permanent in-ground sign with marquee message-board is a useful tool and consistent with the overall design elements.
Customers are a short distance away as the business is located near a still-developing area of single family and higher-density residential projects. Several business parks are nearby. Next door is a newer and highly trafficked gas-station making it even easier to be noticed on this busy side street just a short-distance off US-31.
Largely absentee-operated, the car wash consists of a 114' X 16' drive-through tunnel and includes equipment by MacNeal. A storage area (30 x 12), a mechanical room (32 x 10) and an office (20 x 12) are part of the structure. In addition, a Laundromat is incorporated nicely into the building and consists of 11 washers, 10 dryers, and related equipment in a 60 x 14 area which includes a unisex ADA-compliant bathroom.
The very reasonable price of $99,000 includes the business only, a reasonable 3-year fixed-rate lease at $1,500/mth, and the opportunity to own, operate, and take advantage of an under-performing cash-based business. Email or call Cambridge Business Group at 616-844-0030 for more information on this Car Wash And Laundromat for sale.
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