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Car Wash in Pella Area

Pella Area, IA (Jasper County)

Seller Financing Available
Car Wash in Pella Area

Asking Price: $315,000

Gross Income: $79,000

Cash Flow: $42,000

EBITDA: $42,000

FF&E: $350,000

Inventory: $1,000*

Real Estate: $315,000

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

Inventory:
Not included in asking price
Real Estate:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
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.
Competition:
Only Car Wash in Town. Well maintained.
Growth & Expansion:
25% down produces 15% plus return after $10,000 wages to operate based on average earnings over the past 3 years
Financing:
To Qualified Individuals
Support & Training:
Motivated Seller will provide training
Reason for Selling:
Retirement

Listing Status 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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