Car Wash

Car Wash

Available

$1,399,000.00

  • Hand car wash 1
  • hand wash 3
  • hand wash4
  • 5
  • 7
  • 6

Listing Number :

 6278

Status :

Expired

Price :

$1399000

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Description

Full-Service Car Wash located at a Great Corner with Potential to convert to Express Car Wash!!

Seller claims his Average Gross Sales $90,000 per month. He also claims his Nets about $21,000 per month after all expenses not including new Mortgage payment. 3,000 plus cars per month average ticket of $32.00/ per car. There are 19 Full Time & Part Time employees, two managers and 1 ticket writer on salary and 10% commission, total payroll about $19,000 biweekly including $1,000 owner salary on payroll. Owner is Part time operator. Car Wash has some fleet accounts like car dealership for Detailing cars. Restaurant space available on the property as part of the lease with operating equipment which could be rented out or operated by new mew owner. This location has a great layout to convert to express car wash. Rent is $7,100/m Plus about $600 property tax .  Lease expires January 2038, 3% increase every 24 months. # 6278
Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased: 2006
Business Type: Car Wash
License(s) Required: Business
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  Possible
Office Listing Number: 6278
Date Available: 11/9/2019
Reason For Sale:
Annual Total Revenue: 1080000
Annual Net Income: 252000
Inventory:
Monthly Payroll: 38000/m
Lease Information
Base Rent: 7,100/m
Lease Expires: 2038
Lease Option:
NNN:
 
Financing Information
Down Payment: 1399000
Owner Will Carry:
Other Finance Terms:

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