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Business for Sale Summary

Two Car Wash Package Deal - 25454

Business Type: retailing businesses,car wash
Two Car Wash Package Deal
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Financial Information (non-confidential)

General Information
Asking Price $3,500,000 Down Payment $1,000,000
Gross Revenues $1,725,430 Lease Remaining Register Free to View
Owner’s Cash Flow $650,050 Number of FT Employees Register Free to View

Financing

$1,000,000 Down and $2,500,000 @ over 180 months

Business Description

Two Car Wash Package Deal. Two fully renovated state-of-the-art facilities. One location, established in 1962, is for service, express detailing and full detailing. They have an incredible reputation. The other location is express only exterior washing with brand-new micrologic pay stations. THE LABOR IS ONLY 9% OF SALES with pay stations. IN ORANGE COUNTY NY, YOU CAN NO LONGER OBTAIN A CERTIFICATE OF OCCUPANCY TO WASH CARS! THERE IS A MORATORIUM. Only currently existing car washes are legally allowed to operate. Both tunnels are over 100 feet long giving an incredible car wash. Both car washes have wells and use very little city water. Both car washes are heavily marketed through a loyalty program (using text messaging promotions). They are also a preferred car wash for several local car dealerships and handle CARCO pre-insurance vehicle inspection. Both places have excellent management in place as well and can be operated on an absentee basis. 25 year lease, Net 650K with 1 million down AND SELLER FINANCING FOR 15 YEARS. Own the local market. We are seeking a serious and financially qualified buyer with at least $1mil. in liquid funds to cover the down payment. PROOF OF LIQUID FUNDS WILL BE REQUESTED PRIOR TO MEETING WITH THE OWNER. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@gmail.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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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.