2.15mm Sales - Profitable Car Wash, Lube, and Convenience Store

Overview: This is a lucrative opportunity to acquire a well-established car wash, lube, and convenience store located in a bustling area of Brooklyn. This business has been serving the community for years and boasts a strong customer base. With a solid revenue stream and a favorable long-term lease, this is an excellent investment opportunity for an experienced operator or a first-time buyer.

Key Highlights:

High Revenue: The business generates nearly $2.15 million in gross annual revenue (1.3 wash. 780k Lube, 78k convenience), showcasing its strong market presence and profitability.

Multiple Income Streams: The operation includes a full-service car wash, lube center, and a convenience store, providing diversified revenue sources and attracting a wide range of customers.

Prime Brooklyn Location: Situated in a high-traffic area, the business benefits from steady foot and vehicle traffic, ensuring a consistent flow of customers.

Long-Term Lease: The sale includes a 20-year favorable lease, providing long-term security and stability. The lease is transferable, making it easy for the new owner to take over.

Turnkey Operation: This is a fully operational business with all equipment, inventory, and processes in place. The current owner is willing to provide training and support during the transition period.

Growth Potential: There is significant opportunity for growth by expanding services, increasing marketing efforts, or extending operating hours.

Financials:

Asking Price: $2.2 million (without the property).
Lease Terms: 20-year favorable lease, transferable to the new owner.
Ideal Buyer: This opportunity is ideal for an entrepreneur looking to acquire a successful, turnkey business with a strong revenue stream. It’s also a great fit for someone in the automotive or retail industries looking to expand their portfolio with a profitable and well-established business.

Contact: For more information, please contact Henry Galasso at East Coast Business Brokers. Serious inquiries only. All prospective buyers will need to sign a Non-Disclosure Agreement (NDA) before any additional details are shared.