Flex Car Wash Offers Growth Potential.

Featured on BizBuySell.com . 19 viewed

Asking Price

$2,295,000

FOR SALE - ACTIVE

Detailed Information

Location

Middlesex County, NJ

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This car wash business has been serving customers on a busy road for a long time and recently transitioned to a flex wash model due to Covid. It features a large tunnel and currently offers 6 free vacuum stations before entering the wash tunnel. There is potential to add more vacuum spots at the exit of the tunnel if the flex wash option is eliminated. The current owner owns the property and is open to a long lease agreement for the business. While the business no longer has a customer walk-through service and does not offer memberships, there is a significant opportunity for growth by introducing membership options. By leveraging memberships, the business stands to attract repeat customers and boost revenue. With ownership of the land and the potential for a lengthy lease, this car wash business presents a solid investment opportunity for someone looking to expand or optimize its operations. Overall, this well-established car wash business offers a prime location and ample space for expansion. With the strategic implementation of memberships and adjustments to the current service offerings, there is a clear

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Listed By:

Name : Rod Ross or Jeff Bell

Phone Number : Show Phone number

Rod Ross or Jeff Bell typically replies in about 7 minutes

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