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Business for Sale Summary [Non-Confidential]

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ID:20968

Car Wash

Union County, NJ

Business Type: seller financing available,special situations,absentee business,retailing businesses,car wash

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Non-Confidencial Financial Infomation

  • Asking Price

    $525,000.00

  • Gross Revenues

    $411,100.00

  • Financing

    $ 367,500.00 Down and 5 years at 7%

  • Owner's Cash Flow

    $153,030.00

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Business Description

Experienced car wash owners will appreciate this busy and neat wash and detail business with a visible corner location on a busy main road. Established at this same location for 35 years, the facilities feature a 100 foot tunnel with a 1 and one half year old conveyor as well as Simonize triple foam and Teflon Wax arches also only 1 and one half years old. There is parking for 18 cars and a large exit apron. A strong detail business including about 20 dealer customers provides a continuous flow of business rain or shine. Currently the business is run semi absentee. A full time manager with loyal and happy workers has earned an excellent reputation for quality and service. Take over a 28 year lease with 1.5 per cent annual increase. This is an excellent opportunity for an experienced owner operator to take the business to the next level. SELLER FINANCING AVAILABLE TO A QUALIFIED BUYER. Inquire on this listing now to understand the full potential of this business!

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