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Full service Car wash with Lube & Detailing

Passaic County, New Jersey

Asking Price: Gross: Cash Flow:
$550,000 $361,000 $173,765

Furniture and Fixtures Value:
$300,000 (included in the asking price)

Inventory Value:
$2,500 ( not included in the asking price)

Real Estate:
$1,000,000 ( not included in the asking price)

Business Summary:
Recently renovated car wash with newly installed fast lube and detailing businesses providing additional revenue and profit. Located on the main road without any in-town competition. Enjoys a great reputation for service and customer satisfaction. Complete turnkey operation. $300,000 in capital improvement includes 130 foot tunnel with full length glass wall to watch wash operation, new water treatment tanks, two lifts for lube, renovated bay for detailing and all new vacuums. Water recycled to lower cost. Situated on a 2 acre property which can be purchased separately. Owner is highly motivated to sell and all reasonable offers will be considered. Financials based on full year 2009 and can be substantiated. Contact broker Paul Holveck at 908-851-9040 Ext 277 for further details.

 
   
   
Year Business was Established: 1990
   
Number of Employees: 4FT  
   
Facilities / Terms of Lease: Car was recently renovated, lifts added for lube business, bay renovator for detailing.  
   
Potential Growth/Expansion: Growth in new lube and detailing business  
   
Competition: No competition within the town  
   
Owner willing to train: Seller will train buyer for 2 weeks  
   
Reason for selling: Moving to Florida  
 

 

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