Brooklyn Carwash in Busy Area
Business Description
Established Brooklyn car wash business strategically located in a high-traffic area, offering exceptional growth potential for a dedicated owner-operator. This profitable operation generates $600,000 in annual revenue with $140,000 in seller's discretionary earnings, enhanced by additional sublease income of $4,243 monthly from front retail space.
Key Business Features:
- Prime Brooklyn location with established customer base
- Strong financial performance with proven revenue history
- Recently launched subscription program with 150 members acquired in just 2 months
- Additional income stream from subleased retail space ($4,243/month)
- Long-term lease stability through December 2049
- Inventory included in purchase price
- Corporate structure available for takeover with seller financing options
Growth Opportunities:
- Subscription service showing strong early momentum with significant expansion potential
- Enhanced marketing and advertising initiatives for subscription growth
- Operational improvements under hands-on management
- Untapped revenue potential in busy Brooklyn market
Financial Summary:
- Annual Revenue: $600,000
- Seller's Discretionary Earnings: $140,000
- Monthly Lease: $15,175
- Sublease Income: $4,243/month
- Asking Price: $1,200,000
The current absentee owner has built a solid foundation but must focus on other business interests, creating an opportunity for an entrepreneurial buyer to maximize this operation's potential. The seller offers comprehensive transition support to ensure seamless ownership transfer.
This represents an excellent acquisition opportunity combining established cash flow, innovative subscription revenue model, and clear pathways for growth under dedicated ownership in Brooklyn's thriving market.
Key Business Features:
- Prime Brooklyn location with established customer base
- Strong financial performance with proven revenue history
- Recently launched subscription program with 150 members acquired in just 2 months
- Additional income stream from subleased retail space ($4,243/month)
- Long-term lease stability through December 2049
- Inventory included in purchase price
- Corporate structure available for takeover with seller financing options
Growth Opportunities:
- Subscription service showing strong early momentum with significant expansion potential
- Enhanced marketing and advertising initiatives for subscription growth
- Operational improvements under hands-on management
- Untapped revenue potential in busy Brooklyn market
Financial Summary:
- Annual Revenue: $600,000
- Seller's Discretionary Earnings: $140,000
- Monthly Lease: $15,175
- Sublease Income: $4,243/month
- Asking Price: $1,200,000
The current absentee owner has built a solid foundation but must focus on other business interests, creating an opportunity for an entrepreneurial buyer to maximize this operation's potential. The seller offers comprehensive transition support to ensure seamless ownership transfer.
This represents an excellent acquisition opportunity combining established cash flow, innovative subscription revenue model, and clear pathways for growth under dedicated ownership in Brooklyn's thriving market.
About the Business
- Employees
- 6 (6 Full-time)
- Facilities & Assets
- Business is currently running and open 8- 6 M-f and 9-5 on the weekends. Please do not contact or mention to any of the employees.
- Opportunities for Growth
- Subscription base payment has been implemented for the last 2 months and gaining traction. If pushed and marketed better will be very lucrative.
Real Estate
- Owned or Leased
- Leased
- Rent
- $15,175.00 per month
- Lease Expiration
- 12/31/2049
About the Sale
- Seller Motivation
- Needs a hands on owner
- Transition Support
- Willing to help with the transition. Can be bought as a corp take over, assuming a note.
Listing Info
- ID
- 2428539
- Listing Views
Listing ID: 2428539 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.
Businesses for SaleNew York Businesses for SaleNew York Auto & Automotive Businesses for SaleNew York Car Washes Businesses for Sale