Lube & Car Wash Business, Prime Location
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Asking Price
$7,500,000
Detailed Information
New York
Business Description
This thriving business has been under the same ownership for two decades, offering significant growth potential due to the absence of current memberships. Situated in a prime location with a lease extending 21 more years, the business boasts impressive financial figures, with Lube services generating $3.7 million through 36,000 cars serviced at nearly $100 per lube, and Car Wash services bringing in $2.5 million serving 80,000 vehicles annually. The property includes a spacious 5000+ sq ft building on a half-acre lot, providing ample space for operations. With promising prospects for expansion and a solid financial track record, this well-established business presents a lucrative opportunity for prospective buyers. The business caters to a high volume of customers seeking reliable automotive services, offering both Lube and Car Wash services at competitive prices. Interested parties must first sign a confidentiality agreement to access specific details about the business location and further information about this exciting investment opportunity.
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Listed By:
Name : Michael Steinberg
Phone Number : Show Phone number
Michael Steinberg typically replies in about 7 minutes