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Steal A Hand Car Wash

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$95,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
$250,000 (included in the asking price)

Business Summary:
$250,000 PLUS BUILD OUT JUST COMPLETED ON THIS 3,000 SQ. FT. FREE STANDING BUILDING – ALL NEW EQUIPMENT. Great interior/exterior. Shows very nice. 20 plus car stacking plus parking. Plenty of area for soaping, drying and pick up. Now closed due to negligent operator. New tenant would deal with landlord owner. Recent past owner did well over $300,000 in gross volume with long patron lines along fronted street. Did over 3,000 cars monthly. Option to buy building. First year gross should be over $180,000, 2nd year approach 300k. Area is in close proximity to high end apartment dwellers (their cars parking outside). Once up and running overhead charges would be very low in comparison to gross revenues. Past customer leads can be retrieved. For further information please contact Vito Mastromonaco at 908-851-9040 Ext. 285.

 
   
   
Year Business was Established: 2002
   
Facilities / Terms of Lease: $250,000 recently put into 3,000 sq. ft. building. Set up for exterior car wash. 60 foot automated tunnel stacking for 20 cars on property, parking for 30.  
   
Potential Growth/Expansion: Attitude and hard work will bring business back. Did over $300,000 annually – recently by a past owner  
   
Competition: Better area of major Essex county city. Marketing to owners of luxury cars. Owner will help  
   
Owner willing to finance: Owner would give option to buy on building to new buyer and negotiate long lease with tenant  
   
Owner willing to train: Landlord’s discretion  
   
Reason for selling: Landlord looking for tenant, hard worker preferred  
 

 

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