Business Description: Two Car Wash Package Deal. The owner is selling due to a serious health condition. Two fully renovated state-of-the-art facilities. One location, established in 1962, is for service, express detailing and full detailing. They have an incredible reputation. The other location is express-only exterior washing with brand-new micrologic pay stations.
The labor is only 9% of sales with pay stations. In Orange County NY, you can no longer obtain a certificate of occupancy to wash cars, There is a moratorium. Only currently existing car washes are legally allowed to operate. Both tunnels are over 100 feet long, making incredible car washes. Both car washes have wells and use very little city water. Both car washes are heavily marketed through a loyalty program (using text messaging promotions). They are also a preferred car wash for several local car dealerships and handle CARCO pre-insurance vehicle inspection. Both places have excellent management in place, as well, and can be operated on an absentee basis.
Twenty-five year lease, netting 670K. The owner is an expert in the field and will offer on-going training and support. He has a great reputation and is nationally known in the industry. Own the local market. We are seeking a serious and financially qualified buyer with at least $1.3mil. in liquid funds to cover the down payment.
. To learn more, please call Mel Vaz at 1-877-735-5224
Asking Price: $2,700,000.00
Gross Revenue: $1,725,430.00
Owner's Cash Flow: $670,050.00
Down Payment: $1,300,000.00
For more information, contact Vested Business Brokers at 1(877) 7355224.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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