Touchless Car Wash for Sale

Coeur D Alene, ID (Kootenai County)

Touchless Car Wash for Sale
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Asking Price: Get Financing: $675,000

Cash Flow: $150,000

Gross Revenue: $535,000

EBITDA: N/A

FF&E: $150,000

Inventory: $25,000

Lease Rate: $5,800 /Month

Established: 1998

Touchless Car Wash for Sale

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Business Description

Long established car wash in one of the fastest growing counties in the United States, and a premier year round resort destination. Voted North Idaho Car Wash of the Year 2015, 2016 and 2017. Currently offering flex service with interior cleaning optional. Touchless wash, towel dried. Covered vacuum area. Business only for sale with a fully transferable lease contracted up to July 1, 2035, with 5 year automatically renewing tenant only options. Triple net lease with clearly defined delineations of owner/tenant, repair/maintenance/replacement responsibilities. This is a great opportunity for an owner/operator. Year round operation. Averages over 60,000 cars per year and over $500,000 in gross revenue.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
7/1/2035
Employees:
22
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
100 foot touchless tunnel, with two prep stations, 4 spray arches, Hodge pressure arch, and a Grace Lee drying arch. Econocraft conveyor. 8 vacuum stations (6 covered). Offices and waiting area. Separate cashier booth. Separately owned/operated detail and window tinting shops on site.
Competition:
There are 2 other tunnel car washes, both friction (with brushes) and a variety of in-bay automatics and self service washes in the county. Fast growing area, with significant housing development underway. Great location with good traffic counts, 5 lanes and 35 MPH speed limit.
Growth & Expansion:
Right of first refusal to purchase land. No price increases in last 4 years.
Support & Training:
Seller lives locally and will provide all necessary training and support.
Reason for Selling:
Owner retiring
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Business Location


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Business Listed By:
Craig Young


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