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2 Car Washes for sale - Palm Springs

Palm Springs, CA

Seller Financing Available

Asking Price:$1,650,000
Gross Revenue:$1,800,000
Rent:$10,000/Month
FF&E:$1,000,000
Cash Flow:$900,000
Inventory:$1,000,000
EBITDA:$500,000
Established Year:2015
Listing ID: 2315091Listing provided by BizBuySell
BUSINESS DESCRIPTION

Seller Seeking Quick Close

Introducing an exceptional investment opportunity in Palm Springs: a 5,000 SF
building housing a lucrative car wash detail center, complete with a 120 FT
express car wash tunnel. Boasting an impressive $1,000,000 in gross revenue and
generating a monthly rent of $10,000, this property comes with the added
benefit of a long-term lease offering 23 years + options. With its prime location
and proven track record, this offering presents a compelling prospect for special
purpose/other investors seeking a strategic addition to their portfolio. Don't miss
this chance to capitalize on a high-performing investment in a prime Palm
Springs location.

ATTACHED DOCUMENTS
Airport Car Wash.pdf.pdf Download
Ramon Car Wash copy.pdf.pdf Download
DETAILED INFORMATION
Location
Palm Springs, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
01/01/2037
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
- 5,000 SF building in prime Palm Springs location - Car wash detail center with 120 FT express car wash tunnel - Impressive $1,000,000 gross revenue - Long-term lease of 13 years + 10 year options - Rent $10,000 monthly
Competition
Competition at 1 location. Low Competition at second location.
Growth & Expansion
- Can be converted into full express wash - Solar Programs available - Long Term Leases
Support & Training
4 weeks
Reason for Selling
Absentee owner
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Alec Wansikehian
Phone Number
Alec Wansikehian
Call Phone