Full-Service Car Wash & Oil Change On High-Traffic Long Island
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HS Listing ID-69078
Asking Price: $3,800,000
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
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Asking Price: $3,800,000
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
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
- Years in Operation
- 2
Real Estate
- Owned or Leased
- Leased
- Rent
- $34,000.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
- Financing Options
- Seller Financing (Business):30-year seller financing---$1M down---7% interest
Listing Info
- ID
- 2456484
- Listing Views
- 16
Listing ID: 2456484 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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