Hot Listing
3-Bay Self-Serve Car Wash For Sale
Asset Sale Description
You might consider buying The Freeport Car Wash - 2955 Freeport Blvd. Sacramento, CA 95818.
The owners will sell the car wash and rent the land back to the buyer for $2000.00 a month.
Lease and financing terms are negotiable.
Here are the 2023 numbers:
$100,679.00 gross income
$58,346.00 operating expenses
$42,333.00 net income
Over half of their operating costs were from an employee earning $2000.00 per month and travel expenses. You may be able to reduce or eliminate both of these and greatly increase the value.
Estimate $120,000 (increased revenue) - $26,000 (decreased expenses) = $94,000 NOI.
$94,000 - $24,000 (rent) = $70,000 / year cash flow.
The owners will sell the car wash and rent the land back to the buyer for $2000.00 a month.
Lease and financing terms are negotiable.
Here are the 2023 numbers:
$100,679.00 gross income
$58,346.00 operating expenses
$42,333.00 net income
Over half of their operating costs were from an employee earning $2000.00 per month and travel expenses. You may be able to reduce or eliminate both of these and greatly increase the value.
Estimate $120,000 (increased revenue) - $26,000 (decreased expenses) = $94,000 NOI.
$94,000 - $24,000 (rent) = $70,000 / year cash flow.
Detailed Information
- Years in Operation
- 45
- Facilities & Assets
- 3-Bay Car Wash includes the equipment, parts and tools at the location
About the Sale
- Transition Support
- The seller will train the buyer how to access and service the equipment, where to purchase supplies and any other operational or procedural questions the buyer may have.
- Seller Motivation
- Owner's are retiring and want to liberate themselves from their active operation
- Financing
- The greater the down payment, the more attractive the financing terms will be.
Listing Info
- ID
- 2296827
- Listing Views
- 35278
Business Location
Listing ID: 2296827 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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