Self Serve Car Washes With Real Estate For Sale

Business description

These well established Thurston County car washes are available to be purchased as a package to a qualified investor - operator. Grossing approximately $206,000 in 2010 with a positive cash flow of approximately $121,000. These car washes will yield before depreciation and federal taxes approximately a 6.5 percent return. Total assessed value for real estate and improvements is $1,524,000. Olympia has 6 bays; Lacey has 7 bays, and Tumwater has 6 bays of which 2 have higher clearance for trucks, campers and motorhomes. Purchase: Business opportunity only - business fixtures and equipment for all 3 locations as a package $350,000 cash. 5 year building lease for all three for $5,500 per month triple net. Option to purchase real estate anytime during first 5 years for 1.5 million.

Property information

Real Estate:

Real Property Included

Location:

Each of the three car washes are ideally located for easy access from roadways

Other information

Support & training:

Seller willing to assist in transition with training for a limited period of time from date of closing at no additional cost to buyer

Reasons for selling:

To pursue other personal business interests in King County

Trading hours:

Daily 24 hours a day

Owner financing:

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

Financing available:

All cash or possible terms to a qualified buyer with terms that at acceptable to seller

Furniture / Fixtures value:

$225,000 (included in the asking price)

Inventory / Stock value:

$1,000 (included in the asking price)