Automatic Car Wash adjacent to Super Wal Mart Business For Sale in Cedar Rapids, Iowa

Automatic Car Wash adjacent to Super Wal Mart

Asking Price:	$1,245,000	Inventory:	$2,000 **
Gross Revenue:	$220,000 (comments below)	Real Estate:	$700,000 ++
Cash Flow:	$102,000 (comments below)	FF&E:	$512,000 ++
++ included in the asking price not** included in the asking price
Gross Revenue Comments: Ending 2008
Cash Flow Comments: EBITDA

This is a great opportunity to own a profitable business that requires about 5 hours per week.

D&S 500 Equipment with high pressure spot free rinse, 2 automatic bays, 5 wand bays, 4 vacums (2 detail), 2 coin changers, security system, in floor heat.

Real Estate Services Provided By: Corridor Property Management LLC. Licensed in the State of Iowa

About the Business

Year Established:2007

Facilities:4546 SF Facility on 1.02 acres with 13,900 SF of concrete parking.

Market Outlook and Competition:This grossed over $200,000 in just its 2nd year (44% increase). Projecting $220,000 gross in 09. Prime location in large Metropolitan area adjacent to the Super Wal Mart parking lot.

About the Sale

Reason For Selling:Family obligations

Seller Financing:Bank financing available at 25% down, 6.25%, 20 year amortization

KEYWORDS: car wash, profitable, auto, automobile, detail, bays, automatic, wands, vacum, high pressure, spot free

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Business Listed By
Brad Kirkpatrick \| Midwest Business Advisors, Inc. View All of My Listings


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