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Business for Sale Summary

Car Wash & Towing Business in Massachusetts - 36014

Business Type: automotive dealers/ auto retail,business with property available,misc. service/non-classifiable,car wash
Owner Financing
Car Wash & Towing Business in Massachusetts
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Financial Information (non-confidential)

General Information
Asking Price $1,100,000 Down Payment $600,000
Gross Revenues $800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $350,000 Number of FT Employees Register Free to View

Financing

$600,000 Down and $500,000 over 10 years @ 7%

Business Description

A True Cash Cow! This Car Wash and Towing business has been established for over 80 years. The car wash is a well maintained Tunnel and has 4 detailing bays. The Towing Business includes 5 vehicles, (3 flatbeds, 2 winch) and has contracts with the local police department. The business also has a used auto sales license for up to 15 vehicles. The property is available for sale though the owner at an additional asking price of $800k. Seller will hold a note for half the asking price. The lots total over 33,000 sq. ft. and there are two fenced and secured lots that can fit over 75 cars. The main car wash building is over 8000 sq. ft. and there is another building that includes a garage bay with a lift. Multiple revenue streams and plenty of opportunity to grow the sales make this one a fantastic opportunity that insures high income for years to come. To learn more, please contact the broker David Cohen at 508-863-9768.

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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.