Truck Wash

San Bernardino County, CA

Seller Financing Available
Truck Wash
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Asking Price: $800,000

Cash Flow: $120,000

Gross Revenue: $1,200,000

EBITDA: $80,000

FF&E: $60,000

Inventory: $60,000*

Rent: $8,000 /Month

Established: 2009

*not included in asking price.

Truck Wash

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Business Description

Trucking

The truck wash, Chrome shop, Small convenience store, Laundry, Showers, and Polishing. The business currently has an absentee owner and the business is run by the manager and employees. Plenty of opportunity for expansion and additional income for an owner who wants to be more hands on.
The property is large and well maintained. Owner spent several hundred thousand dollars renovating the property when he purchased it in 2009. Business is occupying about 4 acres of land with 4 wash bays, a polish bay, a convenience/chrome store, three showers, two bathrooms, laundry room, office, and several storage areas.

Owner wants to retire. He is asking $2.0M for business and real estate. Priced for quick sale.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
8,000
Lease Expiration:
5/1/2029
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
8000 sq foot wash bay 800 sq foot chrom shop polish bay, office showers and laundry facility, 3.63 acre of land. close to FWY 15, and the 40 FWY, and HIGHWAY 58, Established business for over 50 years, with Triple AAA reputation, business is very well equipped and well stocked, with almost $60.000 of inventory, and $80000 of equipment, well established customer base,
Competition:
The location is near frwy 15 and frwy 40, and 58 highway, truck traffic is the best in the nation in Barstow Calif , has been in the same location for 50 years, have a good and loyal customer base, and a very good reputation,
Growth & Expansion:
There is a big room for expansion for owner operator, lots of opportunity to expand in the trucking services, Tire business
Financing:
8% for five years fifty percent down payment
Support & Training:
Manager would stay on for thirty days, manager will love to stay and work, seller is willing to train for short time, Manager has been employee of the truck wash for twenty years, and very connected with the clients, experience is good but not nessarray for this business.
Reason for Selling:
Owner retiring with health issues,
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Business Listed By:
Ghassan Nassar

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