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This Business has been Sold!
Closing Date: 03/20/2012
Broker: Syed Ahmed
Business for Sale Summary

Brooklyn Car Wash - 21090

Business Type: car wash
Sold
Brooklyn Car Wash
On March 20th 2012, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $395,000 Down Payment $395,000
Gross Revenues $482,000 Lease Remaining Register Free to View
Owner’s Cash Flow $241,560 Number of FT Employees Register Free to View

Financing

$395,000 Down and Negotiable

Business Description

This car wash is located on one of the main highways in Brooklyn. The rent is just $3100 a month (extremely low). The lease is for ten to eleven years. The car wash has plenty of space to start an oil-change operation and an opportunity to sell used cars as well. The owner is willing to finance. The area is heavily-populated, with hotels and commercial buildings. Location, low rent, and the opportunities to enhance cash flow are the factors that make this business a worthwhile investment! It is an absentee owner business.

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.