Asking Price: $275,000

Gross Revenue: $108,991

Cash Flow: $38,287

Inventory: $1,000 (Included in Asking Price)

FF&E: $100,000 (Included in Asking Price)

Real Estate: $150,000 (Included in Asking Price)

Seller Financing: Negotiable

The neighborhood car wash has been located in the same location for over 40 years. The 80 ft tunnel car wash was recently retooled with Sonny's car wash equipment. Equipment can be operated by one attendant. Within the past two years, over $100,000 has been invested in the new equipment and building upgrades. The corner location allows for easy ingress and egress onto a main thoroughfare. Traffic counts exceed 25,000 cars per day.

Year Established: 1965

Employees: 3 part time

Facilities: 3,500 sq. ft. facility / located on a street corner

Market Outlook and Competition: Business is a great investment opportunity for an owner/operator or absentee owner. A manager is currently in place and is running the day-to-day operations. The manager is trained to perform detailing, but this line of business has not yet been added. New owner could immediately increase revenue by adding detailing and interior wash services. With the retooling complete, a new owner could step in and begin operating a state of the art car wash from day one. The current asking price is equal to 25% of the start up costs for an automated wash.

Management Training and Support: Owners will provide one month training

Reason For Selling: Divesting