20-Year-Old Car Wash, Warren County

Featured on BusinessForSale.com . 3 viewed

Asking Price

$1,800,000

FOR SALE - ACTIVE

Detailed Information

Location

New Jersey, US

Reason for selling

Not Provided

Real Estate

NA

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

Show more info

Business Description

Located in a bustling suburb of Warren County, NJ, this 20-year-old car wash boasts brand new equipment following a recent million-dollar renovation by the current owner. The business offers both full-service and self-service options, experiencing substantial growth with the upgraded machinery. With a reasonable monthly rent of $6,000 and an 18-year lease, the owner is eager to offer generous financing, including the option for a buyer to provide a one million dollar down payment. Despite earning a net cash flow of $300,000 annually after expenses, the owner is looking to sell due to other business commitments. This car wash presents a valuable opportunity for buyers seeking a well-established business in a prime location, complete with modern facilities and a strong customer base. The compelling combination of low rent, a lengthy lease, and favorable financing terms make this a lucrative investment for individuals looking to enter the car wash industry or expand their existing business portfolio. Those interested in learning more about this promising venture are encouraged to reach out to

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