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Business for Sale Summary

Car & Truck Wash w/Prop. *PRICE REDUCED* - 28466

Business Type: best deals!,illness forces sale!,must sell/drastic price reduction!,seller financing available,car wash
Owner Financing
Car & Truck Wash w/Prop. *PRICE REDUCED*
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This business has received 143 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $599,000 Down Payment $599,000
Gross Revenues $650,000 Lease Remaining Register Free to View
Owner’s Cash Flow $250,000 Number of FT Employees Register Free to View


$599,000 Down and Property avail. for another $1.5 mil.

Business Description

Fantastic High-End Car & Truck Wash w/Property. *PRICE REDUCED* State of the Art! In fact, it was totally renovated at an expense of $2 mil. eight years ago. The location is excellent. It is part of a huge shopping center just a few miles North of the LIE. It is an amazing spot with a confirmed 30,000 cars passing daily on a major road. The property is nearly 3/4 of an acre with a 20 car line up area and a 15 car final finishing apron with compressed air and electric available at each station. It has a PHENOMENAL LEASE W/ 27 YEARS REMAINING AND ONLY 2% ANNUAL RENT INCREASES. In fact, you have the option to buy the property for $1.5 million, if exercised within the next two years. The property cannot be be marketed during that time. Even after this 2 yr. period you would have the first right of refusal on the property for the remaining 24 years on the lease. The seller has spent a great deal of time building up the truck washing side of the business with over 100 corporate/fleet accounts. This part of the business has tremendous upside. They can handle heavy duty trucks and trailers with a conveyor belt, rain bar, etc. THERE IS NO COMPETITION IN THE AREA AND THE UPSIDE IS NOT ONLY TREMENDOUS, BUT UNLIMITED! In the past the business claims a cash flow of approx. $250K . The business is available for sale with or without the property. We are seeking a serious and financially qualified buyer with at least $599K in liquid funds. Buyer needs to show Proof of Funds for at least $599K. MOTIVATED SELLER!

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.

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.