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#Business ID: 20222

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Car Wash That Was Netting

Business Location: Hudson, New Jersey, United States

Asking Price: $ 1,500,000 Revenue: $ 1,726,000 Cash Flow: $ 377,100

Business Summary

These are projected figures for the ensuing year former owner bought it back from operators who mishandled entire venture at one time when former owner was operator showed cash flow of 650 K selling price at that time was 2.5 million. This location is the best around in Hudson County and possibly the most aesthetic to view five bays 3 repair /2 Lube +82 foot tunnel. New owner replaced all equipment with brand-new equipment at a cost of 220 K this car wash presently receives business from Staten Island Hudson and Essex County the possibilities are very favorable that within this year's projection will be met and new ownership can easily be figured at the end of second year 650k net cash flow is possible.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

The property is leased.
This is not a home based business opportunity.
This is not a franchise resale opportunity.

Property Details

Years Established:

1960

Property Type:

Lease

Other Business Details

Premise Details:

Best location for car wash in Hudson County, one of the top appealing car washes in metropolitan area. all new equipment 24 years lease with 16% up charge.

Competition:

This is it now that old owner/ operator is back surrounding car washes are closing up. Under new ownership all facets will keeps on increasing with maximum potential. Car wash/ detail/ repair and lube, owner has the knack of bringing new businesses and developing place to best potential.

Business Operation Details

Employees:

25

Support & Training:

The owner is willing to train/ assist the new owner.

Miscellaneous Details

Reason For Selling:

Owner wants to move south to Ocean County.

Contact this seller

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