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5Well-Run, Low-Maint Touchless Car Wash for SaleSignificant Upgrades Through-out! With SBA Financing, only 10% Down!
$625,000Cash Flow: $55,000Seller Financing
Well-Run, Low-Maint Touchless Car Wash for SaleSignificant Upgrades Through-out! With SBA Financing, only 10% Down!

Zeeland, MI

Snapshot: *Two automatic, touchless bays (Oasis Monsoon and Oasis Typhoon equipment). Can wash and dry up to 40+ vehicles per hour. Payment managed by two Hamilton Gold Line paystations, which feature cash, coin, credit/debit cards, codes/fleets, and tokens. (Note: Seller does not currently use the token feature.) There are four different automatic touchless wash options; $7, $9, $10, and $11. Avg ticket is apprx $9.25. *Four self-serve spray bays, each with 9 different options. Each bay can fit most campers/RV's, boats, trailers, etc. Payment managed by payment system that takes coin (quarters, dollar coins) or credit/debit cards. *Three vacuum/shampoo/fragrance islands, with covered trash bins. Payment managed by payment system that solely takes coins (quarters, dollar coins). *Indoor vending area, featuring several retail accessories. Each retail vendor takes coins only (quarters, dollar coins). The indoor vending area also has two bill/coin exchangers. *Clean and organized mechanical room, with clean computer/IT and camera monitoring area. History: *Originally built in 2006 by original owner, who was absentee, and several routine maintenance and upkeep issues went unattended. With absentee ownership and inability to stay atop of routine items, the property was foreclosed on in early 2007. *Property sat dark, not operating at all, until mid-2009, when local investors purchased the carwash. Sunk ~$50k into improving the site (following it's 2-yr "dark" period), and operated from early 2010, until selling in mid-2014 as a result of one of the investors' health issues. *Seller is the third owner of the carwash, and has owned and operated since July 2014. Upgrades: *Removed both original automatic equipment, both Oasis XP models (both initially installed in 2006). Installed Oasis Monsoon in late 2015. Significantly reduced downtime and repair/maintenance costs. Installed Oasis Typhoon in mid 2017. Both Monsoon and Typhoon installations were completely rebuilt from the core, including all new hoses, fittings, sensors, etc. Rebuilds and installs were completed by professional party. *Removed old paystations with new Hamilton Gold Lines (late 2015). Also enabled carwash codes to be sold remotely. Presently, carwash codes are sold at a Mobil gas station located directly across the street (pay at the pump set-up). Additionally, fleet accounts were established. *Added "weather doors" to two of the four self-serve spray bays. This has proven to reduce floor heat use in those two bays. Also installed new LED lighting throughout the exterior of the wash. Installed both in mid 2016. *Added new self-serve spray bay payment systems, with brand new "rotator" doors with Cryptopay credit card capability. Also installed camera system throughout the interior and exterior of wash. System can be easily accessed remotely via phone, tablet, etc. Also installed new signage throughout. Installed both in late 2017. Pricing: *Seller has increased prices twice the past ~4 years. Most recent price change just took effect Feb 2018. Present price levels are competitive. Maintenance: *Routine maintenance; trash, interior bay cleanings, greasings, etc. Typical time commitment is ~5-10 hrs per week. All chemicals/soaps are managed and refilled as necessary by a third party. For any larger or complex R&M items, Seller uses an outside party (same party that has serviced the site since opening and who also did the large equipment upgrades previously mentioned). The Seller has invested carefully and considerably to ensure as low of large repair/maintenance as possible. This site is very turn-key, with no employees, and ready to be continually successful! With SBA 7a financing, a buyer will only need 10% down, and with terms up to 25 years, a buyer's ROI could be 20%+!

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