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Asking Price$2,325,000
Revenue$4,700,000 EstablishedUndisclosed
Cash Flow$440,000 Employees15 full-time
FF&E$600,000 FranchiseNo
Inventory$50,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This uniquely located hand wash, alongside a major highway,has a branded gas station, a spacious convenience store,an oil change/lube, and a car wash facility under one roofon Long Island. The car wash receives 45,000 cars ayear through a 120 ft tunnel. Gross sales on oil/lube is$ 264,000. It pumps 100,000 gallons a month, and the C store grosses over $ 480,000 . The C store is equipped with lotto,beer, cigarettes, ATM, coffee & breakfast, etc. It has 22 years left on lease,with an option to buy the propertyBusiness is managed 100% absentee for estate of priorowner.Full time owner operator's 2016 net cash flow afterpaying all the expenses is $440,000 with projected net of$515k for 2016-2017. Significant major capital improvementsand repairs made by managers-these are\non recurringexpenses.Growth opportunities by added more wholesaleaccounts, business advertising and more high margindetailing.Value of real estate purchase option cannot be monetized but is very valuable for the real estate investor- car wash operator. Owner net cash flow numbers are a for a full timeowner operator. Proof of funds is a must. Contact broker Joseph Stansky for more details 1-877-735-5224. Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$1,500,000.00 Down and $825k over 7 yrs @5%
Sale Reason:Run absentee-other business
Ad #91104
Seller Reference #28955
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