Well Oiled Machine High Volume Wash/Lube

New York

Seller Financing Available

listing image
Asking Price:$7,500,000
Gross Revenue:$6,300,000
EBITDA:$1,200,000
Cash Flow:$1,200,000
Rent:$239,000/Year
BUSINESS DESCRIPTION

HS Listing ID-39501

Same owner for 20 years.

No current memberships in place.

Tons of potential.

The lease has another 21 years remaining

Lube: $3,700,000- 36k cars.

Almost $100 a lube average.

Wash: $2,500,000- 80k cars washed.

5000+ sq ft building on 1/2 acre lot.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION


DETAILED INFORMATION
Location
New York
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,600
Facilities
High volume car wash and lube in great location.
Competition
Same owner for 20 years.
Growth & Expansion
Can add in a membership program.
Support & Training
Yes.
Reason for Selling
Other business interests.
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Michael
Steinberg
Hedgestone Business Advisors
Michael Steinberg