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Business for Sale Summary

Full and Self Serve Car Wash w/29 Yr. Lease - 31980

Business Type: cleaning services,seller financing available,car wash
Full and Self Serve Car Wash w/29 Yr. Lease
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Financial Information (non-confidential)

General Information
Asking Price $899,000 Down Payment $450,000
Gross Revenues $650,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$450,000 Down and $450K over 8.5 yrs. @6%.

Business Description

Full and Self Serve Car Wash w/29 Yr. Lease. This business was recently renovated and offers a full service tunnel as well as self serve wash options and monthly memberships. It is in a prime location on the south shore of Suffolk County in a very high-growth neighborhood. The business has a phenomenal lease with 29 years left. The rent is $8,240/mth. There is a very large lot as well. It is over 1/2 acre with plenty of room to expand detailing. The current owner is here part time. This Business is coming off last year's very rainy weather and expecting sharp growth this year. In the past year the business grossed approx. $650,000.00 with a cash flow of approx. $200,000.00. THIS SELLER KEEPS VERY DETAILED AND ACCURATE RECORDS. We are seeking a serious and financially qualified buyer with only $450K in liquid funds to cover the down payment and inventory. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE 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.