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Listing Broker Information

Rick Balon
Phone: 925-829-3027
Fax: ...925-829-6199
businessacquisitions@mac.com
macinc1495@aol.com

 

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Listing Information
 
Car Wash
Listing ID: 9998786 Location: Northern California Bay Area  
Brief:
High End Car Wash With Land
Listed Price: $5,800,000
Total Sales: $1,532,640.00
Seller's Discretionary Earnings: $600,091.00
Fixtures Furniture, & Equipment: $167,312.00 (Included in Listing Price)
Real Estate: $3,800,000.00 (Included in Listing Price)
Inventory: $30,000.00 (Included in Listing Price)
Financing / Terms: No owner financing.
   
Business Information
Year Established: 1981
Number of Employees: 60 Full Time / 0 Part Time
Days and Hours of Operation:
Relocatable: No
Franchise Information:
Facilities / Location: Turnkey car wash business with all updated equipment to run the operation.
   
Lease Information
Lease Expiration Date:
Option:
Monthly Rent:
   
Additional Information
Reason for Selling: Other business interests.
Business Description: Opportunities like this are difficult to find and very rare in communities in that have little land available and rigid building restrictions. This is a once in a decade opportunity to own a very profitable car wash with land, along with an excellent management staff and labor force. The existing business is located in an affluent commercial area, on one acre of land that is a multi-lane, high traffic city street. The business has shown it still can produce a good return in a downturn economy. Sales and earnings for 2008 has mirrored that of 2007 while many of its competitors have seen a significant decrease in car wash revenue and earnings.
Potential for Growth: Opportunity to increase revenue by adding ancillary services to a very profitable car wash or convert to a multi-family/retail development.
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