Car Wash *Distressed*
Asking Price:   Not DisclosedInventory:   
Gross Revenue:   $237,867 (comments below)Real Estate:   $300,000 ++
Cash Flow:   Not DisclosedFF&E:   $200,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: Three year tax return average.
Distressed offering: The customerbase had remained stable but customer frequency dropped substantially due to economy. Based on these conditions, the owners were not able to keep up with their high debt load. The building and equipment were built in 2002 and are in top notch condition. No major upgrades are needed. This business is a turnkey opportunity.
About the Business
Year Established:2002
Employees:0 full time - 0 part time
Facilities:This carwash is an express tunnel car wash system. PDQ was the manufacturer of the converyor, wheel cleaning system and high pressure arch washers. MaccNeil was the manufacturer of the over heard brushes, wrap around brushes. The dryer / blower system is a Hanna floor mount system.
Market Outlook and Competition:The site may be able to add services such as full service or flex service options or even add a lube shop as a complimentary service.
About the Sale
Reason For Selling:Distressed Offering. The customer base has remained stable but customer frequency has dropped substantially due to economy. Based on these conditions, the owners have been unable to keep up with their high debt load.
Seller Financing:Not available.

KEYWORDS: Car wash, carwash, distressed, real estate


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Business Listed By
Scott Bushkie  |  Cornerstone Business Services, Inc.
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