Buy a Business

Cash Flowing Car Wash and Laundromat For Sale

Details: Asking price:$399,000; Sales revenue:$110,000; Net profit:< $250k; Fixtures value:$130,000; Inventory value:$1,000

Business description: "The Bunn Wash". Cash Flowing Car Wash and Laundromat, land and FF&E (everything) for sale. Car wash is manual wand type, has 3 bays. 2 car bays and 1 large boat/truck bay. Vacuum cleaners (2) in front. All working great. Laundry has 17 washers, Wascomat and Dexter in various sizes. Laundry has 14 dryers, Huebsch and Dexter (various sizes, some double stack). Vending machine inside for snacks and drinks. Gumball machine. Facility has restroom and seating. Air conditioned and heated. Lot is large with room for expansion if desired. 1484sf car wash. Laundry building is 1380sf. Land is valuable, on Main Street in Bunn North Carolina, 27508. Land is 0.88 acres. There is a lot for sale next door (empty) which is open for large expansion if desired. Many improvements made since purchase, including new equipment, repairs and remodeling. Wish to sell so cash can be used for other activities. Revenue over $110k per year. Cash flow per week is fantastic. Contact Matt for more info. Financial statement etc available.

General information: Years established:39; Employees: 1 contractor; Trading hours: Business is open 24 hours, 7 days per week.; Real Estate: Real Property Included; Living accomodation:None.; Location:Located on Main Street in Bunn NC, the car wash and laundromat is in a very high traffic corridor on HWY 98 (aka Main Street). Many businesses, homes, apartments are nearby and commuters travel down Main Street daily. Main St. is a 2 lane road.; Expansion potential:Room for expansion on the land behind the car wash/laundry. Empty lot for sale next door could be purchased and utilized for larger expansion.; Competition / Market:None. Closest competition is in Wake Forest (20-25 minutes away) or in Louisburg (20 minutes). Our facility is nicer and more well suited than the competition. Excellent cash flow.; Support & training:Local manager works on property daily to collect quarters, tend to maintenance etc. This makes ownership very easy and one does NOT have to be local. Just collect the $$ as it appears in your bank account.; Reasons for selling:Desire to use proceeds for other business cash infusion