High volume, profitable car wash with real estate option

Listing Number: 45745-125736

Description

This fully automated car wash and lube business has a proven track record, and is located on a busy road with great exposure. Solid profit performance over several years. A must see for investors targeting this industry. This is a great semi-absentee business opportunity.

This operation is professionally managed with two general managers covering all hours of operation. New LED sign (45k investment) installed on major road for better marketing. Monthly subscriptions plans available and utilized by many customers. Recent detailing contract signed with nearby auto dealership that should result in additional 4-10k revenue per month. First month of contract was August and yielded approx. 7k from detailing 45 cars at $160 each. More opportunities for similar contracts possible.

Sale includes business and building, with negotiable competitive land lease. Option to purchase land at 36 months at pre-set price, or right of first refusal thereafter.

Listing Details

  • Price: $1,250,000
  • Down Payment: $125,000
  • Sellers Discretionary Earnings: $261,196
  • Total Sales: $993,080
  • Location: Oklahoma County, Oklahoma

  • Inventory: $0
  • FF&E: $0
  • Employees:
  • Reason for Selling: Reallocation of capital to other investments
  • Category: Automotive
High volume, profitable car wash with real estate option

Business Listed By:

Andrew Popa