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Midwest Full-Service Car Wash - $3.5M

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Midwest Full-Service Car Wash - $3.5M
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Asking Price: $3,500,000

Cash Flow: $350,000

Gross Revenue: $844,000

EBITDA: $350,000

FF&E: $500,000

Inventory: N/A

Real Estate: $2,500,000

Established: 2012

Midwest Full-Service Car Wash - $3.5M

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Business Description

Valuable Real Estate with a Growing Business!

Full-service car wash and detail center only seven years old in the Midwest (real estate included). Daily traffic count is over 33,000. Located near several nation chain stores and an exploding new housing market (7% population growth). Next door to a modern, high-volume convenience store/gas station. Due to the high cost barrier of entry, there is no other full service competitor within a five mile radius. This is a luxury auto spa with an extremely high rate of repeat customers with virtually no advertising dollars spent. Very high end clientele with an average household income of $121,017. Top of the line equipment installed and impeccably maintained. Owner presence not required for operations. Priced to sell.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Top of the line building and equipment and only a few years old.
Competition:
Not a lot a competition with a high barrier to entry.
Growth & Expansion:
Poised for a tremendous amount of growth with even a small amount of advertising investment.
Support & Training:
Owner will train the new owner for oversight responsibilities.
Reason for Selling:
Discuss with broker
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(from currently available funds)
 
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Evan Meester

Business Listed By:
Evan Meester

Results Business Advisors

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