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Business for Sale Summary

Auto Detailing Shop for sale in Suffolk - 33903

Business Type: cleaning services,misc. retail/non-classifiable,misc. servicel/non-classifiable,other business services,other personal services,seller financing available,car wash
Owner Financing
Auto Detailing Shop for sale in Suffolk
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This business has received 27 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $299,000 Down Payment $215,000
Gross Revenues $425,000 Lease Remaining Register Free to View
Owner’s Cash Flow $105,000 Number of FT Employees Register Free to View

Financing

$215,000 Down and $84K over 20 months @ 6%

Business Description

Fantastic Retail & Commercial Auto Detailing Shop. Why buy an expensive car wash with a tunnel that can break down? Instead, you can own this great auto detailing center. They are conveniently located in central Suffolk County with easy access to all major roadways. The business has been established for more than 16 years. 85% of their business comes from dealerships/wholesalers who largely pay by check. The retail side of the business makes up 15% of the business and has been very steady with new customers and repeat business. In the past year, during the pandemic, the business grossed approx. $425,000.00 with a cash flow of approx. $105,000.00. All income and expense information is well documented and 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! There is a computerized customer portal to scan and register every car that comes in. The current owner acts in a management capacity since the business is fully staffed with 8 cleaners/drivers. The business is located in a 3,000 sq. ft. facility and is fully equipped. The rent is only $3,500/mth. The business was closed for 3 months in 2020 due to the Covid shutdown, but business has bounced back since re-opening. Outside of the pandemic, business has been very steady year after year, but the growth areas have been with the easy labor, high margin retail services such as ceramic coating and headlight restoration. The shop has a large yard in the back. You can store up to 40 cars at this location. They also have great hours for an owner. They are only open 6 days, Mon-Fri. 9am-5pm., Sat 9am-3pm, Closed on Sunday. The business has many 5-star reviews on Google and Facebook. We are seeking a serious and financially qualified buyer with at least $215K in liquid funds to cover the down payment. To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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.