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Active Car Wash

Warren County, New Jersey, United States
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Asking Price$799,000
Revenue$552,000 Established2001
Cash Flow$212,000 Employees6 full-time
FF&E$375,000* FranchiseNo
Inventory$5,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Excellent opportunity to own this high volume car wash business with property located on an active state highway in Warren County New Jersey. The business is located on one acre of property with an attractive modern image. The business has a 100-foot drive thru and a fully operated retail store. The business averages approximately twenty-six thousand cars yearly with an average cost of $15 per vehicle. With many years of experience this Car Wash is your one stop shop for all your Car Washing, Interior Cleaning, Waxing, and Detailing needs. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply an excellent investment return to the owner operator prior to debt service. This Car Wash is an owner operated business which has been servicing the community for many years with automotive cleaning and expert detailing. They want to help your car lead a clean life and wish to help you in any way we can. Their services include a combination of different washes you can choose from to suit your needs as well as full service detailing. This car wash and property sale includes a fully equipped business opportunity including a 100-foot drive through, various separate wash area, displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This particular business has six employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $11,600. This business opportunity includes the property and no lease. The business is located in a free stranding facility which consists of 6,000 square feet and has a capacity for approximately two hundred and fifty vehicles daily. The facility has appropriate private parking on site as part of the commercial lease. The business is active seven days per week, with hours from 7:30 am to 7:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required state or city licenses to conduct its day to day business. The 2016 yearly income is $552,000 and yearly net income of $212,000 prior to debt service and based with on site ownership. The business has been valued at $799,000 based on a multiple of the net yearly income. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.
Facilities:This remodeled retail facility consists of 6,000 square feet with clean professional physical appearance. The business is on one acre of land and located on an active state highway in Warren County, New Jersey, which consists of various affluent communities with continued demand for this particular service industry.
Competition:To the best of our knowledge due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Growth Potential:The business presently has a limited marketing plan, poor web site and if improved can further developed the business bottom line corporate income.
Training/Support:The owner will remain post-closing for 30 days and supply a transitional period.
Seller Financing:Seller financing is available to qualified buyers.
Sale Reason:The owner is retiring from the industry after many successful years.
Ad #87136
Seller Reference #CWSH117
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
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