Car Wash with 88 year Ground Lease
| Asking Price: | $3,500,000 | Inventory: | $10,000 ** |
| Gross Revenue: | $1,128,000 | Real Estate: | n/a |
| Cash Flow: | $240,000 | FF&E: | $1,500,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Well established Car Wash located on 42,000 sq ft leased land - 88 years remaining on lease. All equipment recently replaced with State of the Art High End Car Wash Equipment. Business has Lube Service and Boutique -, no gas. 2008 sales were $1,128,000 and business run on absentee basis. Area is growing with plans to build over 2000 new homes on street. An owner operator could save additional $5000 monthly in management fees and would probably help increase sales and profit. Nust see to appreciate,
About the Business
Year Established:1998
Employees:18 full time -
Facilities:Business is locanted on 42,000 sq ft lot by freeway exit---good visibility. Building is 4000 sq ft with 100 foot tunnel, offices on second floor over boutique and has lube bays
Market Outlook and Competition:Established in area
About the Sale
Reason For Selling:Other business interests on East Coast
KEYWORDS: Car Wash, Detail, Auto Lube
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