Car Wash in Long Beach with Real Estate
| Asking Price: | $2,995,000 | Inventory: | $1,000 ++ |
| Gross Revenue: | $536,000 | Real Estate: | $2,195,000 ++ |
| Cash Flow: | Not Disclosed | FF&E: | $100,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Busy hand car wash established over 40 years on a major high traffic corner lot. Sales have increased approximately 50% since 2005. New wash equipment and a new Whisper Blower were installed in June 2007. Cash flow is $325,000 before financing expenses (Debt Service) on revenues of $536,000. Car Wash tunnel building is 2,384 Sq. ft. and the lot is 11,217 sq. ft. (actually 3 adjoining lots). Low overhead and labor is about 31%. Very little marketing or advertising has been done by current owner. OTHER HAND and COIN CAR WASHES AVAILABLE IN OTHER AREAS of Southern California – call Tom Van Gilder at 714-328-4064 or Neshan at 909-565-9357.
About the Business
Year Established:1954
Employees:7 full time - 7 part time
Facilities:See narrative description
About the Sale
Management Training and Support:2 weeks at 40 hours per week
Reason For Selling:Other Business Ventures
KEYWORDS: california, southern california, so cal, southern cal, los angeles, los angeles county, long beach, real estate, car wash
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