Established & Profitable Express Car Wash

Cabarrus County, NC

Seller Financing Available

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Asking Price:$175,000
Rent:$10,000/Month
FF&E:$113,456
Gross Revenue:$226,090
EBITDA:$96,986
Established Year:2019
BUSINESS DESCRIPTION

A rare offering, this business is a lean-run, low labor, express car wash located in one of the busiest traffic areas in a growing market area. Since opening in 2019, this business has served 55K customers, with most being on-going repeat customers, and has seen a significant upward trend in sales each year. This is due to superior service, quality and very competitive pricing, with expert advertising and marketing in place. This business utilizes state-of-the-art business computer technology and the latest equipment. The growth potential of this business is virtually unlimited. With even more untapped upside potential, a new, fully engaged owner could take this company to the next level.

*The prime real estate the business sits on is a .86-acre lot, with a high traffic count, and is owned by the owner of the car wash. The property is available, and can be discussed with the owner.

A minimum of $150,000 liquid capital required, and $100,000 cash is needed to put down.

Ideal for Owner/Operator

Lease of the land/building with this deal is a rent-to-own deal – 10% will go towards principal payment for the land/building.

This business will not last long – inquire today!


DETAILED INFORMATION
Location
Cabarrus County, NC
Inventory
Not Included in asking price
Real Estate
Leased
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
New facility, stand-alone building constructed in 2019.
Competition
With many competitors in the market area, this business competes on the basis of price, quality and service.
Growth & Expansion
Growth potential is limited only to the creativity of a new owner.
Financing
Seller will consider some financing to the right, qualified buyer.
Support & Training
Seller will train a new owner - length of time is negotiable.
Reason for Selling
Owner wishes to downsize to prepare to move from the area.
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Joe
Vagnone
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Joe Vagnone