Full-Service Car Wash & Oil Change on High-Traffic Long Island Corrido
Business Description
**NDA Required for address**
NOTE: Yes, it is still available. If interested, please schedule a call to discuss further: https://calendly.com/christian-zarama/15min
Seller Financing (Business):
• 30-year seller financing
• $1M down
• 7% interest
Gross Revenue: $2,236,545.67
• SDE: $644,145.67
2024 (Acquired in Sept '24):
• September 2024: $168,021.53
• October 2024: $208,733.92
• November 2024: $177,680.03
• December 2024: $153,025.96
----Total (Sept–Dec 2024): $707,461.44
2025 (Jan–Nov):
• January: $182,140.97
• February: $147,367.73
• March: $181,941.03
• April: $179,992.98
• May: $192,611.19
• June: $202,935.77
• July: $197,564.40
• August: $218,010.99
• September: $194,540.70
• October: $180,186.35
• November: $164,421.84
----Total (Jan–Nov 2025): $2,041,713.95
Annualized Operating Expenses
• Rent: $408,000 ($34,000/month)
• Real Estate Taxes: $30,000 ($2,500/month)
• Insurance: $54,000 ($4,500/month)
• Payroll (15–20 employees): $816,000 ($68,000/month)
• Oil: $48,000 ($4,000/month)
• Chemicals / Soaps: $24,000 ($2,000/month)
• Garbage: $6,000 ($500/month)
• Phone: $3,600 ($300/month)
• Credit Card Fees: $48,000 ($4,000/month)
• Sales Tax: $144,000 ($12,000/month)
• Fire Alarm Monitoring: $2,400 ($200/month)
• POS Support: $2,400 ($200/month)
• Repairs & Maintenance: $12,000 ($1,000/month)
• Electric: $48,000 ($4,000/month)
• National Grid (Gas): $6,000 ($500/month)
---Total Annual Expenses: $1,652,400
*Higher performing months increase expenses slightly and lower performing months drop expenses slightly (max $150,000/month).
Management & Staffing:
• General Manager works 6 days/week
• Compensation:
-$300 per day
-1% of gross monthly sales
• GM currently resides in an on-site apartment
• GM will exit with the seller at closing
----Total staff: ~15–20 employees
Business Overview:
• Full-service car wash with 104-foot tunnel
• 2-bay oil change / lube operation
• Located on a busy road directly across from a high-traffic shopping center
• Strong visibility and consistent vehicle flow
• Seller acquired the business in September 2024 from a private equity group
• Seller specializes in acquiring distressed car washes, improving operations, and flipping
Real Estate & Lease Structure:
• Property Type: Specialty commercial (car wash + lube)
• Land Size: ~0.79 acres
• Building Size: ~5,800 sq ft
• Year Built: 1991
• 30+ years remaining on ground lease
Real Estate (Separate):
• Property available for purchase at $5.7M
NOTE: Yes, it is still available. If interested, please schedule a call to discuss further: https://calendly.com/christian-zarama/15min
Seller Financing (Business):
• 30-year seller financing
• $1M down
• 7% interest
Gross Revenue: $2,236,545.67
• SDE: $644,145.67
2024 (Acquired in Sept '24):
• September 2024: $168,021.53
• October 2024: $208,733.92
• November 2024: $177,680.03
• December 2024: $153,025.96
----Total (Sept–Dec 2024): $707,461.44
2025 (Jan–Nov):
• January: $182,140.97
• February: $147,367.73
• March: $181,941.03
• April: $179,992.98
• May: $192,611.19
• June: $202,935.77
• July: $197,564.40
• August: $218,010.99
• September: $194,540.70
• October: $180,186.35
• November: $164,421.84
----Total (Jan–Nov 2025): $2,041,713.95
Annualized Operating Expenses
• Rent: $408,000 ($34,000/month)
• Real Estate Taxes: $30,000 ($2,500/month)
• Insurance: $54,000 ($4,500/month)
• Payroll (15–20 employees): $816,000 ($68,000/month)
• Oil: $48,000 ($4,000/month)
• Chemicals / Soaps: $24,000 ($2,000/month)
• Garbage: $6,000 ($500/month)
• Phone: $3,600 ($300/month)
• Credit Card Fees: $48,000 ($4,000/month)
• Sales Tax: $144,000 ($12,000/month)
• Fire Alarm Monitoring: $2,400 ($200/month)
• POS Support: $2,400 ($200/month)
• Repairs & Maintenance: $12,000 ($1,000/month)
• Electric: $48,000 ($4,000/month)
• National Grid (Gas): $6,000 ($500/month)
---Total Annual Expenses: $1,652,400
*Higher performing months increase expenses slightly and lower performing months drop expenses slightly (max $150,000/month).
Management & Staffing:
• General Manager works 6 days/week
• Compensation:
-$300 per day
-1% of gross monthly sales
• GM currently resides in an on-site apartment
• GM will exit with the seller at closing
----Total staff: ~15–20 employees
Business Overview:
• Full-service car wash with 104-foot tunnel
• 2-bay oil change / lube operation
• Located on a busy road directly across from a high-traffic shopping center
• Strong visibility and consistent vehicle flow
• Seller acquired the business in September 2024 from a private equity group
• Seller specializes in acquiring distressed car washes, improving operations, and flipping
Real Estate & Lease Structure:
• Property Type: Specialty commercial (car wash + lube)
• Land Size: ~0.79 acres
• Building Size: ~5,800 sq ft
• Year Built: 1991
• 30+ years remaining on ground lease
Real Estate (Separate):
• Property available for purchase at $5.7M
Listing Info
- ID
- 2457222
- Listing Views
- 21
Listing ID: 2457222 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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