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This Business has been Sold!
Closing Date: 01/06/2016

Business for Sale Summary

Fantastic Auto Detail Center: 90% Dealership Work - 27173

Business Type: retailing businesses,car wash,service businesses,cleaning services,other business services,special situations,best deals!,new to market,seller financing available
Sold
Fantastic Auto Detail Center: 90% Dealership Work
On January 6th 2016, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: This Broker is Servicing All of CT, MA, NH, NJ, NY, PA, RI and VT
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 $275,000
Gross Revenues $390,000 Lease Remaining Register Free to View
Owner’s Cash Flow $151,735 Number of FT Employees Register Free to View

Financing

$275,000 Down and $120K over 3 yrs. @ 6%

Business Description

Fantastic High End Auto Detailing Shop. Open only 6 days from 7:30am - 4:30pm. Have a life outside of work. ALSO, WHY BUY AN EXPENSIVE CAR WASH WITH A TUNNEL THAT CAN BREAK DOWN? Instead, you can own this great auto detailing center. The location is the key. It is in a fantastic location, surrounded by dealerships. In fact, 90% of their business comes from dealerships who pay by check. In the past year the business grossed approx. $390,000.00 with a cash flow of approx. $169,735.00. ALL INCOME AND EXPENSES ARE VERIFIABLE! If you have looked to buy a car wash you know that the numbers are difficult to verify. That is NOT the case here! The business is located in a 4,000 sq. ft. facility and is fully equipped. The rent is only $3,185/mth (incl. taxes). The business has only been growing year after year. The owner is selling because it is requiring more and more of his time. This is a second career for him and he is looking to slow down. There is room to expand services by adding bumper repair, chip, dent & scratch removal, tinting and paint touch-up. It is a great business to merge with other another auto related businesses or car wash. You can store up to 20 cars inside at night. This listing will sell quickly. If you are serious call 1-877-735-5224. Be prepared to provide proof of liquid funds for at least $300K!

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.