Absentee Owned Large Truck Wash

Asking Price$4,500,000

Cash Flow
$827,595

EBITDA$678,397

Gross Revenue$2,462,549

Inventory$13,600
Included in asking price
FF&E$213,000
Included in asking price
Real Estate$1,500,000
Included in asking price
Absentee Owned Large Truck Wash for saleSave

Absentee Owned Large Truck Wash


Asking Price$4,500,000

Cash Flow
$827,595

EBITDA$678,397

Gross Revenue$2,462,549

Inventory$13,600
Included in asking price
FF&E$213,000
Included in asking price
Real Estate$1,500,000
Included in asking price
Business Description
This Absentee Owned Large Truck Wash is a commercial truck wash business in Central Iowa. The operation specializes in servicing large vehicles, including semis with trailers, agricultural equipment, and fleet trucks. The business has a loyal base of repeat clients that come from existing corporate accounts, independent truck groups and individual drivers. The business also services local farmers, liquid tanker trucks and oversize vehicles like RVs and construction equipment. The business is located near a major highway used for trucking routes.
About the Business
Years in Operation
17
Facilities & Assets
The business includes a well-maintained, facility designed for high-volume, heavy-duty vehicle washing. There are 3 bays that service the cleaning and sanitizing of the vehicles. The facility was built specifically for this purpose and contains a waste removal system that filters out the waste solids. The water system is piped to switch from hot water to cold for cleaning. There is ample room for on-site storage of chemicals.
Market Outlook / Competition
The business has minimal competition in the area and is conveniently located for truck drivers. Their efficient and friendly staff work hard to provide the services requested by the drivers and get them back on the road as quickly as possible.
Opportunities for Growth
New ownership could expand the current customer base through obtaining more corporate accounts and expanding service offerings such as upholstery cleaning and odor treatment or by adding more cleaning and sanitation products for resale. The facility could add another wash bay which would increase capacity and generate more revenue.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
14,880
About the Sale
Seller Motivation
Retirement.
Transition Support
Negotiable
Listing Info
ID
2420274
Listing Views
Attached DocumentsAttachment Disclaimer

Absentee_Owned_Large_Truck_Wash.pdf


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Business Listed by: Dennis Henderson Benchmark Business Group

Listing ID: 2420274 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.