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- RE: Established Car Wash In Nassau County,Long Island
- Contact: Ziggy Marszalek
Quick Facts
Asking Price: | $4,200,000 | |
Annual Revenue: | $1,541,527 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $676,864 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 13 | |
BBN Listing #: | 943599 | |
Broker Reference #: | 22650 |
Business Overview:
An exceptional opportunity presents itself to acquire a highly profitable car wash business situated in a bustling area of Nassau County, Long Island. With a track record of success, this established enterprise boasts steady gross sales of $1.54 million annually, yielding a remarkable net profit of $676,863. Positioned strategically in a high-traffic locale, this business enjoys consistent patronage from a loyal customer base along with a nice mix of wholesale business.
Lucrative Revenue: Generating impressive gross sales of $1.54 million, this business boasts a robust financial performance, delivering a substantial net profit of $676,863.
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Property Features and Assets:
Key Features: • Prime Location: Nestled in a busy area of Nassau County, Long Island, the car wash benefits from heavy footfall and constant vehicular traffic, ensuring a steady stream of customers.
Long-Term Lease: Securing stability and continuity, the business operates under a favorable long-term lease agreement, offering peace of mind to prospective buyers.
Established Reputation: Over the years, the car wash has cultivated a sterling reputation for delivering superior service and exceptional results, earning the trust and loyalty of its clientele.
17,000 SF. Freestanding building. Monthly Rent: $11,683 Term: 3% yearly increases
Market Competition and Expansion:
Expansion Potential: With ample space available, the business presents a lucrative opportunity for expansion. The premises can be easily converted into an express wash, with the capacity to accommodate at least 8 vacuum stations and two lanes for automated pay stations.
Express Wash Conversion: Transforming the existing setup into an express wash model can streamline operations, reduce wait times, and attract a broader customer base seeking quick and efficient service. • Marketing Initiatives: Implementing targeted marketing campaigns, leveraging digital platforms, and fostering community partnerships can further elevate the business's visibility and drive customer acquisition. Financial Summary:
Reason for Selling:
RetiringAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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