Car Wash,Gas & Lube In Suffolk County, NY
Suffolk County, NY

Financing: $1,500,000.00 Down and $825k over 7 yrs @5%

Reason for Selling:run absentee-other business

This uniquely located hand wash, alongside a major highway, has a branded gas station, a spacious convenience store, an oil change/lube, and a car wash facility under one roof on Long Island. The car wash receives 45,000 cars a year through a 120 ft tunnel. Gross sales on oil/lube is $ 264,000. It pumps 100,000 gallons a month, and the C store grosses over $ 480,000 . The C store is equipped with lotto,beer, cigarettes, ATM, coffee & breakfast, etc. It has 22 years left on lease,with an option to buy the property Business is managed 100% absentee for estate of prior owner.Full time owner operator's 2016 net cash flow after paying all the expenses is $440,000 with projected net of $515k for 2016-2017. Significant major capital improvements and repairs made by managers-these are\non recurring expenses.Growth opportunities by added more wholesale accounts, business advertising and more high margin detailing. Value of real estate purchase option cannot be monetized but is very valuable for the real estate investor- car wash operator. Owner net cash flow numbers are a for a full time owner operator. Proof of funds is a must. Contact broker Joseph Stansky for more details 1-877-735-5224.

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