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New Bern, NC
Car wash and lube for sale in beautiful high traffic facility. Imagine living on the water in this coastal community owning this beautiful, well respected business.
Opened in late 2007 this business has delivered steady growth with cash flow hitting a high of $316,000 in 2011. Cash flow dropped to $260,000.00 for a couple of years but sales have come roaring back in in 2014 moving cash flow back to $295k. That sales increase does not yet fully show the effects of a Wal-Mart that opened in June of 2014 and is less than 100 yards from the business.
Located in a growing coastal community where this facility is the only tunnel wash in the county. This business is currently run absentee with a long term manager in place!
SBA financing available. Real Estate valued at $1.8MM is included in the sale price. Buyer needs approximately $400k down.
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