Full Service Car Wash for Sale in Fairfield, California

Fairfield, CA
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Asking Price:$799,000
Gross Revenue:$450,000
EBITDA:$225,000
Cash Flow:$225,000
Rent:$5,200
Established Year:2001
BUSINESS DESCRIPTION

Car Was for Sale in Fairfield CA

Full-Service Car Wash On a Busy Street 1.15 Acres
* Full-Service Car Wash, 2.15 acres, equipment, and building remodeled in 2020 with very nice Office and Guest Area and Guest Can Play California Lottery.
* Selling price of $799,000 is for Business
* Full-service car wash is located on a major street, which is surrounded by businesses and Residential area
* Walmart Center is only a few minutes' walk distance from the car wash. The car Wash is adjacent to Chevron gas stations.
* Full-Service Car Lot is over 1.15 acres. Currently, car wash has over 25 Parking
* Room to add additional services and increase sales; Express Detail Services and Full Car Wash Services
* Monthly Sales are over $40,000 with rent of only $5400 a month plus Triple Net for Next 2 years and then $7950 including triple net with Rent Increase 3% every year.
This business qualifies for an SBA Loan and the new buyer can put 30% down payment and assume seller $500,000 SBA EIDL Loan with interest rate of 3.75% fixed for 30 years.
This business is a very Hot Sale so act Fast and complete the NDA and contact Narinder Singh for more details.


DETAILED INFORMATION
Location
Fairfield, CA
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
31/10/2039
Employees
6
Facilities
Full Service Car Wash
Competition
Business is located on a very Busy Street
Growth & Expansion
Lot of Opportunity to grow business
Support & Training
Full Support and Training from owner
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Narinder
Pal Singh
Nationwide Homes & Lending - Broker
Narinder Pal Singh