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Full Service Auto Spa For Sale-22749

Kings County, NY

Seller Financing Available
Full Service Auto Spa For Sale-22749
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Asking Price: $1,680,000

Cash Flow: $487,893

Gross Revenue: $1,302,200

EBITDA: N/A

FF&E: $1,000,000

Inventory: $2,000

Established: 2013

Full Service Auto Spa For Sale-22749

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Business Description

Car Wash Buyers -- Look No Further!! This industry gem was built on-site by the present owners in 2002. Ideally located on the corner of a busy Brooklyn intersection, this Full-Service Auto Spa stands out from every direction. Its large facility comes with a low rent of only $10,730/month and 13 years left on the lease. The fantastic gross of $1,320,000 comes from car wash & detailing (65%), lube (24%), and c-store sales (11%), plus another $43,200 from billboard advertising space leased out on the roof. Truly a turn-key, money-making operation that nets the semi-absentee owners $487K, annually. Only open from 7am-7pm, you could expand the hours to 24/7. The second floor contains 2 rooms with a full bathroom that could be rented out for an additional $2,500/month and has a separate entrance for a tenant. Business is booming in this section of Brooklyn with tons of new residential construction going on right near by. Seller financing is available! Please be very discreet when checking out this Full-Service Auto Spa, as the employees and customers do not know it's for sale. Then, kindly contact the listing broker Jay Goldman when you would like to make an appointment with the owners to learn more. Please call for further information.

Detailed Information

Location:
Kings County, NY
Inventory:
Included in asking price
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
1,100,000.00 Down & $580,000 over 60 months at 6%
Support & Training:
Seller will train buyer.
Reason for Selling:
Owner has other business obligations out of state.
Business Website:
http://vestedbb.com
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(from currently available funds)
 
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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