Services - Auto Repair, Parts & Svcs | Services - Other Miscellaneous services

Asking Price	$2,960,000	Inventory
Gross Income	$549,000	Real Estate
Cash Flow	Not Disclosed	Year Established	2004
FF&E	N/A	Employees	1

* included in the asking price

** not included in the asking price

2 Premium Car Washes with Great Revenue Stream

2 Self Service car washes for sale in Little Rock, Arkansas. 1st unit (Markham) has 2 manual bays and 2 automatics and sits on the busiest corner in West Little Rock. Traffic count in excess of 60K per day. Annual sales of over 300K in 2006 which was the first full year of business. Second location(Maumelle) has 3 man. & 2 auto. & sits on approximately 1 acre & is directly in front of a new Walmart Super Center development that opens in March 2008. Major 5 lane road with traffic light in front of the wash. Dedicated ingress and egress for this unit coming into the shopping center. 10 year convenant prohibits other washes on this 70 acre development Both properties/land owned by me. Neither are leased. These are both home run washes and have been consistently smashing all other local competition. Great curb appeal and part of a fantastic franchise organization. Maumelle price is 1,440,000. Markham is 1,520,000. Price below reflect sum. Units could be split.

Facilities: Markham facility is less than 2 years old and sits on .67 acres. Maumelle sits on approx. 1 acre in front of Walmart and is approx 3 years old. Land is owned by me and included in price. Both units utilize Jim Coleman equipment and have been meticulously maintained for the life of the business. Very few repairs or service issues and they always deliver a superior wash. We have a very large repeat customer base.

Competition: Markham location is on the busiest corner in West Little Rock. This corridor has no other available building locations. There is one very old wash that is approximately 1 mile west of this location whom I don't consider a major competitor or threat. Maumelle as a city has 1 other self service bay that is approximately 3 miles west and does not sit on the main thoroughfare. There is a restrictive convenant for any other washes to be built on the land that houses the Walmart. Home Depot and strip center also to be built here.

Growth/Expansion: Markham is not an expandable location and is built with the best land use available. There is ample room for 7-8 cars to line up in each automatic which is a common occurrence. Maumelle doe s have room for expansion of more bays and vacuums. There is also an island that has conduit run for an ATM machine. This could be a lease space for the bank and would easily add 800-1000 per month in revenue.

Financing: none. Will put you in contact with local bank who funded this project if needed.

Support/Training: These units are a part of one of the top carwash franchise systems in the US. Will gladly train new operator on the day to day operations. Suds corporate has an extensive list of many vendors who may assist is any service issues. Chemical pricing is among the best through corporate buying.

Reason Selling: My manager is retiring and I live 3 hours away.