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This Business has been Sold!
Closing Date: 03/08/2018

Business for Sale Summary

High End Auto Detailing Shop - 90% Dealership Work - 30352

Business Type: cleaning services,other business services,other personal services,best deals!,new to market,seller financing available,car wash
Sold
High End Auto Detailing Shop - 90% Dealership Work
On March 8th 2018, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: This Broker is Servicing All of CT, MA, NJ, NY and RI
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.

Financial Information (non-confidential)

General Information
Asking Price $375,000 Down Payment $275,000
Gross Revenues $579,756 Lease Remaining Register Free to View
Owner’s Cash Flow $176,981 Number of FT Employees Register Free to View

Financing

$275,000 Down and $100,000 over 4 yrs. @ 6%.

Business Description

Fantastic High End Auto Detailing Shop. It is fully staffed, so the owner works out of the office in a management capacity. WHY BUY AN EXPENSIVE CAR WASH WITH A TUNNEL THAT CAN BREAK DOWN? Instead, you can own this great auto detailing center. The location and zoning is the key. You cannot just open up a detailing business anywhere. The zoning is a high barrier to entry. It is in a fantastic location, surrounded by dealerships. In fact, 90% of their business comes from dealerships who pay by check. The retail side of the business has shown strong growth as well. In the past year the business grossed approx. $582,000.00 with a cash flow of approx. $176,931.00 (FOR AN OWNER/OPERATOR). ALL INCOME AND EXPENSES ARE VERIFIABLE! There is a manager who is willing to take on more responsibility. He could manage more of the day-to-day operations to allow for more absentee ownership. If you have looked to buy a car wash you know that the numbers are difficult to verify. That is NOT the case here! The business is located in a 4,000 sq. ft. facility and is fully equipped. The rent is only $3,456/mth (incl. taxes). The business has only been growing year after year. There is room to expand services by adding bumper repair, chip, dent & scratch removal, tinting (and tint removal) and paint touch-up. It is a great business to merge with other another auto related businesses or car wash. You can store up to 20 cars inside at night. This listing will sell quickly. If you are serious call 1-877-735-5224. Be prepared to provide proof of liquid funds for at least $275K. This location can be shown 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.