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#Business ID: 19188

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Car Wash Business

Business Location: Nassau, New York, United States

Asking Price: $ 300,000 Revenue: $ 450,000 Cash Flow: not disclosed

Business Summary

Total absentee owner allows employees to run the car wash.

Get it back on track with an owner operator, cosmetic upgrade and get operating expenses in line for a high profit operation.

Volume can easily be built back to 75,000 to 85,000 cars per year.

This is a KEY MONEY sale as reflected in the LOW sale price.

Must sell.

Property is available at CAP Rate of +10%.

Do not miss this one.

Ridiculous price and option to buy the property.

Facilities: 1 acre lot with 6000 SF car wash with 3 lane entrances. 23+ year lease at 14,500/month with option to buy property with a 11% cap rate.

Property Details

Property Type:

Lease

Real Estate Value:

$ 2,600,000

Other Business Details

Competition:

Great high traffic location. Low water cost. Limited area competition.

Expansion Potential:

Facility needs an owner operator. Amazing upside potential with aggressive advertising and promotion.

Business Operation Details

Support & Training:

Owner will transition.

Miscellaneous Details

Reason For Selling:

Absentee owner operated.

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