Full and Exterior car wash- low rent

Lakewood, CA (Los Angeles County)

Full and Exterior car wash- low rent

Asking Price:$1,690,000

Cash Flow:$300,000

Gross Revenue:$947,000

EBITDA:$300,000

FF&E:$300,000

Inventory:$3,000*

Lease Rate/Sq. Ft.:N/A

Established:N/A

*not included in asking price.

Full and Exterior car wash- low rent

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Business Description

owner just installed 12 vacuums for customers who wish to use exterior wash option. Free vacuum
over 250 members. Members pay from $20.00/mo for self serve to $50.00 for full serve membership. Large boutiques can be leased to other auto related businesses

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
25 years left on lease This is a land lease. Building is owned by seller. Therefore, better financing is available rent: 13,200, but owner collects 5200 from Fast Lube, which that rent is increased to 6000/mo as of July 2016 Gross: 74,000/mo good books Net 300K/year 100% Help run
Growth & Expansion:
Owner just installed 12 vacuums for customers who wish to use exterior wash option. Free vacuum over 250 members. Members pay from $20.00/mo for self serve to $50.00 for full serve membership. Large boutiques can be leased to other auto related businesses SALES ARE MUCH BETTER IN 2016 COMPARE TO 2015
Support & Training:
Owner will train

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Alex Shapouri

Business Listed By:
Alex Shapouri

ICOA, INC.

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