Car Wash
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $249,000 |
$185,000 |
$114,202 |
Real Estate:
$500,000 (included in the asking price)
Business Summary:
Exterior Only doing 25,000 +/- cars per year base price $7.00 plus extras. Operating profits excludes rent and to be replaced with a mortgage payment. Estimated annual mortgage payment $55,000+/- ($600,000 25 years at 7.5%). Base price just increased to $8.00. Computer tracking system and 60' tunnel. Currently not detailing. A lot of upside potential- down payment negotiable. Motivated Seller ! Seller financing to qualified buyers. Option to buy real estate.
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| Year
Business was Established: 1954 |
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| Number of Employees:
2PT |
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| Facilities / Terms of Lease:
Exterior car wash with 60 foot tunnel on busy main street location. |
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| Potential
Growth/Expansion:
Can expand into car detailing, developing wholesale accounts, adding vacuums and/or adding full service. Increase sales through expanded marketing efforts. |
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| Owner
willing to finance:
5-7 sellers financing prime + 1% to qualified buyers. |
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| Owner
willing to train:
Seller will stay to train |
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| Reason for selling:
Seller wants to change |
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| REQUEST MORE INFO |
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