Express Car Wash In Hillsborough County For Sale

Business description

This busy car wash is one of the newer express-serve facilities recently built in Tampa Bay. Express car washes utilize longer conveyors than full-serve car washes (this one measures 120 feet) to deliver higher vehicle volume, at a lower price point, and at a fraction of the labor required for a full-serve wash. The package also includes a high volume two-bay quick lube, detailing operations, window tinting, an free vacuuming. Revenue has exceeded $1M annually 2008-2011.

Outstanding financing is available as well: Assume a 25-year SBA loan with $540K cash injection (21 years remaining); adjustable every 5 years, based on 300 points over the five year Treasury Index. Previous car wash or automotive-relaed business ownership required. Qualified buyers only.

Property information

Real Estate:

Real Property Included

Premises details:

Major commuter avenue in busy, populated area.

Size in square feet:

7,905

Other information

Competition / Market:

This car wash competes successfully with staffed and express car washes becasue it can handle a higher volume at a lower proce point.

Support & training:

4 weeks free training

Reasons for selling:

Owner moved out of state.

Owner financing:

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

Financing available:

21 years left on assumable SBA loan with $540K cash injection, adjustable every 5 years, based on 300 points over the 5 year Treasury Index. Seller will also consider buyer's note.

Furniture / Fixtures value:

$198,000 (included in the asking price)

Inventory / Stock value:

$17,000 (included in the asking price)