Absentee Owned Car Wash in California Available For Sale

Business description

This car wash has incredible technology which allows for it to be absentee owned! This is an exterior express car wash with a long tunnel (125 feet) high quality with the newest technology car wash on a stand-alone 30,000 sq ft lot. It also has 10 FREE vacuum stations. The car washes range from $7 to $12, but the average ticket is $8.90. This car wash is in a fantastic location near a major attraction area, where the traffic count in 2007 was estimated at 60,000. This car wash is fast and provides a low cost - high quality alternative to full service car washes. They are the only Exterior Express in the area! This car wash is "green," and is the only car wash in the area to recycle and use only biodegradable chemicals. The ONLY additional thing this car wash could benefit from would be to offer interior service, but they do already have the infrastructure to offer a full detail facility. Their equipment includes two different drying systems (Protovest and Superior) water recycle system, and a reverse osmosis water maker. They expect the annualized volume at their one year anniversary to be 60,000 per year and 80,000 to 100,000 cars per year at the end of year 2.

1st complete year projections = $400,000
2nd complete year projections = $80,000 vehicles @ $9.00 per car = $720,000.
3rd complete year projections = $1,000,000

Property information

Premises details:

30,000 sqft lot located at the intersection of two major highways (heavily landscaped). Bldg. has the tunnel, 2 offices, bathroom, equipment room. Car wash equipment, and two different drying systems, and reverse osmosis water maker.

Other information

Expansion potential:

1st complete year projections = $400,000
2nd complete year projections = $80,000 vehicles @ $9.00 per car = $720,000.
3rd complete year projections = $1,000,000

Competition / Market:

Currently the car wash does not offer interior service, but has the infrastructure to offer a full detail facility, therefore there is further revenue opportunities.