Listing Number: 189597-183693
Description
Bid Deadline April 19th! Functioning full service car wash with township approved plans to easily convert to a membership based express car wash with 11 free vacuum stations. The car wash had been operating profitably as a full-service car wash for over 30 years. The current ownership purchased the site 2 years ago and combined it with the property next door to create a site that is 32,000 sf with 200 feet of frontage on a busy intersection. Ownership has now received township and county approval (which took 18 months of work and over 200k to secure) to convert the site to an express car wash with 11 free vacuum stations and 2 pay station lanes at the entrance. The existing tunnel is 110 feet which allows enough space for all the equipment necessary to produce a clean, dry car with minimal labor. Population count is 97,000 in a 3-mile radius with a $120,000 average household income. The operation has now been closed and is ready for renovation. Experienced operator can either reopen as a full serve or start conversion immediately with the approved plans. Partnership dispute forces the sale at this time. Price has been reduced for quick sale. Experienced operators only. Seller financing available for qualified buyers. Proof of funds required.
Listing Details
- Price: $ 1,500,000
- Down Payment: $1,000,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 0
- Location: Camden County, New Jersey
- Inventory: $ 0
- FF&E: $ 150,000
- Employees: 6
- Year Established: 1990
- Reason for Selling: Partnership Dispute
- Category: Automotive
