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Business for Sale Summary

Car Wash, Lube Station, and C-Store in Bklyn - 22749

Business Type: convenience store,auto repair,repair services,best deals!,seller financing available,car wash
Car Wash, Lube Station, and C-Store in Bklyn
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This business has received 170 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,550,000 Down Payment $1,000,000
Gross Revenues $1,302,200 Lease Remaining Register Free to View
Owner’s Cash Flow $487,893 Number of FT Employees Register Free to View

Financing

$1,000,000 Down and $550,000 over 60 months at 6%

Business Description

Car Wash Buyers -- Look No Further!! This industry gem was built on-site by the present owners in 2002. Ideally located on the corner of a busy Brooklyn intersection, this Full-Service Auto Spa stands out from every direction. Its large facility comes with a low rent of only $10,730/month and 13 years left on the lease, which the landlord may be willing to extend.The fantastic gross of $1,320,000 comes from car wash & detailing (65%), lube station (24%), and c-store sales (11%), plus another $43,200 from billboard advertising space leased out on the roof. Truly a turn-key, money-making operation that nets the semi-absentee owners $487K, annually. Only open from 7am-7pm, you could expand the hours to 24/7. The second floor contains 2 rooms with a full bathroom that could be rented out for an additional $2,500/month and has a separate entrance for a tenant. Business is booming in this section of Brooklyn with tons of new residential construction going on right near by. Seller financing is available! Please be very discreet when checking out thisFull-Service Auto Spa, as the employees and customers donot know it's for sale. Then, kindly contact the listing broker,Jay Goldman, when you would like to make an appointment with the owners to learn more. Please call 1-877-735-5224 for further information.

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.