Request More Information Contact the Seller

  • RE:  Car Wash For Sale
  • Contact:  Moon Kim
  • License #: 567204

Quick Facts

Asking Price: $1,990,000
Annual Revenue: $476,101
Net Profit: Not Disclosed
Cash Flow: $295,724
Total Debt: Not Disclosed
FF&E: $450,000
Real Estate: $1,500,000
Year Established: 2017
Employees: 2
BBN Listing #: 980459
Broker Reference #: #001326

Email or Print Listing

Business Overview:

Car wash for sale! Thriving car wash business with five Northeast Texas locations! The current owner established four of these locations in 2017 and expanded with another in early 2022, upgrading each one along the way. With one full-time manager and two part-time associates in place, owner involvement is minimal. All five locations boast a minimum of four self-serve bays and feature spot-free rinse systems. Three of the locations even offer the convenience of an automatic bay.

Strategically positioned within three territories in Northeast Texas, these car washes dominate two areas and are rapidly growing in the third. The local demographic consists mainly of low to middle-income Caucasian individuals. Due to the lower income levels and smaller population, the market is not conducive to full-service or express tunnel car washes. However, this particular service model is perfectly tailored for each location. Competition is scarce for all but one location that has multiple competitors in the immediate area. This business maintains a competitive edge and reliable sales by offering attractive prices and maintaining clean facilities.

While the business currently relies on word of mouth and visible locations for marketing, the business can benefit tremendously through proactive marketing strategies. Direct mailing, flyers, discounts, a loyalty program, and targeting fundraising groups are just a few examples of effective marketing initiatives that could expand the customer base beyond the immediate area. Financial trends indicate consistent growth, and there is ample opportunity for further expansion. Price adjustments, utilizing unused space for additional income streams such as vending machines, and adding automatic bays to the two locations that don't have one would significantly boost efficiency and revenue.

With the current employees in place, the day-to-day operations require minimal involvement from the current owner. The owner is responsible for handling coin collections on a bi-weekly basis and assisting with supply orders. However, switching to an owner-operator model would make the current employees unnecessary. A new owner-operator could save considerably on wage expenses and hire a part-time contractor as needed. Combined with a strategic marketing approach, this carwash business has the potential to reach its maximum income capacity. Don't miss out on this lucrative opportunity! Submit a Buyer Registration and NDA with V-AID to learn more!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

There are five car wash facilities strategically located across three territories in Northeast Texas, near residential areas. Each car wash is conveniently accessible and prominently visible to passing traffic from nearby roadways. Each facility is in excellent condition. / Inventory: $2,500 (Included in listed price).

Market Competition and Expansion:

Competition: Competition is scarce for all but one location that has multiple competitors in the immediate area. This business maintains a competitive edge by offering attractive prices and maintaining clean facilities. / Growth and Expansion: Financial trends indicate consistent growth, and there is ample opportunity for further expansion. Price adjustments, utilizing unused space for additional income streams such as vending machines, and adding automatic bays to the two locations that don't have one would significantly boost efficiency and revenue.

Recently, the seller switched from a local supplier to a nationwide car wash supplier for soaps and chemicals resulting in a significant 50% cost savings, greatly enhancing overall cost efficiency for future operations.


Reason for Selling:

Other Opportunities

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

Request More Information

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

    Add Businesses and/or Franchises
    To Basket For Free Information

    This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.