Excellent Full Service Car Wash With Real Estate For Sale

Business description

The owner needs to sell ASAP and has again lowered the asking price on this full service car wash and has added very flexible owner finance terms. The business and real estate was recently appraised for $550,000 and since the owner needs to sell quickly he has reduced the asking price to $449,000. The owner will finance to a qualified buyer with 30% down, 30 year amortization, 7.5% interest with a 10 year balloon. The wash is located on a 30,324 SF hard corner lot with an excellent traffic count and nationally recognized businesses on two of the other corners. All electrical and wash equipment were updated and installed new in 2007. The building improvements include a 4,831 SF wash building which includes the customer waiting area, office area, employee lounge and three restrooms. The main building also can be used for a “C” store and or/a deli/food establishment. It includes an 8 door walk-in cooler with full cold storage and well as a full kitchen that can be used for food service. Other profit center ideas include: Adapting the additional building on the property to offer detail services. Construct a quick oil change facility. Open for Sunday business (there are plans to do this in September). Conversion to a flex or express wash with free self-service vacuums. This is an excellent opportunity for an owner/operator.

Property information

Real Estate:

Real Property Included

Location:

Located on a hard corner. The site is 30,324 SF with a 4,831 SF building. Asphalt paved parking area, concrete sidewalks, and two metal signs.

Size in square feet:

30,324

Other information

Expansion potential:

Great potential for expansion

Competition / Market:

see above

Support & training:

Will train for two weeks

Reasons for selling:

Lives out of area, other business interests

Trading hours:

9:00 - 5:30 Monday - Sat - could expand business by operning on Sun

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Owner will finance to a qualified buyer with 30% down, balance on a 30 year amortization @7.5% interest and a 10 year balloon.

Furniture / Fixtures value:

$219,000 (included in the asking price)