20-Year-Old Car Wash, Warren County
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Asking Price
$1,800,000
Detailed Information
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