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Listed by:

M&A Business Advisors

Broker license number: 02058745/00898668

Full Service Tunnel Carwash, Fuel & Gift Shop For Sale

Monterey Bay Area, California - North, US
Asking Price:
$4,000,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,607,291 (USD)
Cash Flow:
$102,451 (USD)

Well established tunnel carwash with gift shop and fuel, located near a high traffic intersection. This family-owned business was founded in 2000 at the same time as the adjacent quick lube and gas station with convenience store by the same owners. Real estate for the carwash and carwash business are for sale as a package.
The 6,840 square foot building has a 125-foot long tunnel carwash which has been well maintained since it was constructed in 2000. Parcel is 37,544 square feet with 125 foot street frontage. Owners recently upgraded equipment by the addition of a unit that cleans tires and wheels so well that hand labor is mostly eliminated. They replaced the chain and roller mechanism in November, 2019.
Fuel is a small part of revenues. Presently a major brand but can be changed. There is a two-chamber 20,000 gallon tank with 12,000 gallons for regular and 8,000 for supreme. There are two fuel dispensers with four nozzles and another two capped off dispenser installations for future expansion. Three grades of fuel are sold: regular, supreme and blended. Diesel is not sold.
Gift shop sells snacks, cards, gifts, clothing, picture frames and various merchandise. It has very nice improvements and provides a pleasant place for customers to wait while their vehicles are being washed.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button to receive a confidentiality agreement and learn more about this opportunity.

Property Information

Real Estate:

Real Property Included

Location:

Near busy intersection of two major streets, near major freeway

Premises Details:

6,840 square foot freestanding building on 37,544 square foot lot, 100% improved, 125-foot tunnel, 1,400 square foot gift shop, covered fuel area.

Size in square feet:
6,840

Business Operation

Expansion Potential:

Add auto detailing, improve retail offerings, add food, build self-serve vacuum station after exit from tunnel to increase throughput of exterior only carwashes.

Competition / Market:

Two other full-service tunnel carwashes in this city.

Reasons for selling:

Retiring

Trading hours:

7:30 am - 5:30 pm 7 days a week

Employees:
21 FT 2 PT Owners
Years established:
20

Other Information

Support & training:

Seller will provide training at no cost to qualified buyer.

Furniture / Fixtures value:
$400,000 (USD) - included in the asking price
Inventory / Stock value:
$37,000 (USD) - included in the asking price

Contact Information

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