Profitable Self Service Car Wash

New Jersey (Ocean)

  • Asking Price: $995,000
  • Gross Income: $407,055
  • Cash Flow: $236,396
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $235,000
  • Listing ID: #208791
  • Established: 23
  • Employees: 2 p/t

Business Description

This is a must see opportunity to own a very successful, well established self service Car Wash in Ocean County. This Car Wash is located on a major highway close to other retail businesses & residential communities and has 2 in-bay automatic washes and 4 self serve bays. It is open 24/7 every day. Using modern technology, the owner can run the business from anywhere, with minimal time needed on premise, through the use of fully automated Auto Cashiers & Soft Washes which provide real time access by phone or computer.

The equipment includes 9 vacuum stations, security cameras, vending, & large office area on second floor. $280k in new equipment was purchased in 2016/2017 which included 2 new soft washes, heaters, sign packages and other ancillary equipment. The seller owns the property & is willing to provide a 15 yr lease with terms negotiable. Owner is planning to move out of state once the business is sold.
The motivated seller has very detailed records. Financials are based on 2017 actual results adjusted for an owner operator. Price includes $425,000 in equipment.

The business is pre-approved for bank financing and is offered at $995,000 with an estimated $195,000 down payment dependent on negotiated bank terms.

For further information, call broker Paul Holveck at 908-851-9040 x277

Business Details

Primary Business Category: Services - Other Services
Location: New Jersey
County: Ocean

Company Information

Year Established: 23
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 p/t

Financial Information

Asking Price: $995,000
Gross Revenue: $407,055
Cash Flow: $236,396
FF&E: $235,000
Inventory: $3,000
Seller Financing Available: No

Property Information

Reason for selling:

Seller is moving out of state

Support & Training:

Seller will provide 2 weeks of onsite training

Contact Business Seller

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Business Listed By:

Paul Holveck

Executive Business Brokers