Services - Drycleaning/Laundry | Services - Other Personal Services

Asking Price	$1,000,000	Inventory	$25,000*
Gross Income	$253,844	Real Estate	$600,000*
Cash Flow	$151,880	Year Established	1999
FF&E	$500,000*	Employees	4

* included in the asking price

** not included in the asking price

This offering includes a state of the art Carolina Pride Lazer Jet car wash, 4-bay self service car wash, 1400 sq.ft. coin operated laundry and 2 mobile homes rentals(occupied). The business is housed in a modern facility with maintenance free aluminum siding and roof. The car wash is well maintained using Carolina Pride equipment and cleaners. The coin laundry has 16 - 10lb, 7 - 30lb, 1 - 40lb, 2- 55lb, and 2 - 50lb Wascomat washers and 28 medium to large capacity dryers. Both business segments operate 7 days per week. It is located on 1.6 acres with a 200 ft. road frontage on the main thoroughfare. The back portion of the property has 2 rented mobile homes with room for 3 additional. Rents are $500 per month each. All are on city water and sewer, and have resently had upgrades including new appliances. The area is surrounded by many high traffic businesses like Food Lion, Lowes Foods, Roses Department store, a car dealership and numerous fast food restaurants. The owner is ready for full retirement and will consider up to 25% owner financing. The asking price was calculated using a .11 capitalization rate.

Facilities: 1.6 acres. 200 ft. road frontage on the main highway. Free standing business with ample parking.

Competition: One other complete car wash. One other coin laundry. No other combined businesses.

Growth/Expansion: Add dog wash. While equipment is in good working order, newer and more energy efficient equipment is available. Add more rental homes to back lot.

Financing: Up to 25% to qualified buyer

Support/Training: As needed by prospective buyer.

Reason Selling: Age 69-wishes full retirement