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Car Wash in Monroe Only One In Town

Monroe, IA (Jasper County)

Seller Financing Available
Well Maintained

Asking Price: $295,000

Gross Income: $80,000

Cash Flow: $40,000

EBITDA: $40,000

FF&E: $300,000

Inventory: $1,000*

Real Estate: $165,000

Established: 2002

Employees: 1 pt

*not included in asking price.

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Business Description

Fully automatic car wash with a Hydro Spray Rainmaker unit. There are also two self serve bays along with three exterior vacuum stations. This includes the real estate & buildings.

Real Estate Services Provided by Midwest Business Advisors, Inc. Licensed in the State of Iowa, City of Tipton.

Detailed Information

Not included in asking price
Real Estate:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The building is 2,464 square feet constructed out of decorative concrete block. There is also a maintenance area that also houses the equipment for the car wash. The equipment consists of a 175 gallon hot water heater, Raytherm, A-Ok Equipment and Supply, and a Rainbow Auto Foamer.
Only Car Wash in Town. Right on Highway 14. Well maintained.
Growth & Expansion:
20% down produces 20% ROI after $10,000 wages to operate based on average earnings over the past 5 years.
To Qualified Individuals
Support & Training:
Motivated Seller will provide training
Reason for Selling:

Listing Statistics for Premium Members

Ad#: 478214

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Brad Kirkpatrick, CBI, MBA

Business Listed By:
Brad Kirkpatrick, CBI, MBA

Midwest Business Advisors

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