Business Description

This hand car wash is located in an affluent neighborhood on Long Island. Lease is for 19 years, with another five years' option of renewal, too. Net cash flow, after deducting all the expenses, is $300,000 a year. The car wash holds all the essential ingredients, which a quality car wash must demonstrates: this car wash has a spacious sitting room, breakfast and coffee facility, and state-of-the-art equipment. It is almost an absentee owner business; the owner just comes three days a week, and that too only for two hours a day. The owner, with half of the asking price as a down payment, is willing to finance to a qualified buyer. There is a plenty of room on the car wash to start change of oil service. As the neighborhood is affluent, so are the charges: charges for detailing of a car are from $250 to $300.