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This Business has been Sold!
Closing Date: 03/30/2012
Broker: Craig Renard

Business for Sale Summary

High Volume Car Wash - 18516

Business Type: auto repair,retailing businesses,car wash,service businesses,cleaning services
Sold
High Volume Car Wash
On March 30th 2012, The Undersigned
Acted as the Advisor to the Deal
Craig Renard
Craig Renard Senior Broker
Servicing: Nassau County NY, New York County NY, Queens County NY, Suffolk 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 $1,800,000 Down Payment $1,000,000
Gross Revenues $1,000,000 Lease Remaining Register Free to View
Owner’s Cash Flow $500,800 Number of FT Employees Register Free to View

Financing

$1,000,000 Down and 1,000,000 seller note @ 8% 10-15 years

Business Description

Owner SAYS BRING OFFERS NOW. THIS DEAL WILL NOT LAST!!!!! ALL CASH DEAL COULD BRING HUGE DISCOUNT IN PRICE>>>>>>>>>>>>>>> Completely renovated Car Wash with unbelievable 30 year lease located on one of the most heavily traveled roads in the HUB of Long Island. This is a top car wash location. The business washes over 55,000 cars per year. The majority of the sales come from retail car washes, but the business also generates significant sales from detailing, the convenience store and monthly memberships. Fully automated 90 foot tunnel with state-of-the-art equipment. Easy access from two streets, plus street light for easy entry/exit onto busy road. Can easily hold up to 4 lines with 6-10 cars each. The facility has huge room for growth with a hands on operator. All financials are FULLY DOCUMENTED. This is a MUST SEE Car Wash priced to SELL...Seller Financing Available with 1,000,000 down and a 10-15 year note for the balance. Please be prepared to Show Proof of Funds for at least $1 million before the address will be released. Call or email Craig Renard today to learn more at 646-418-0474 or crenard@vestedbb.com.

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.