MergerPlace

Self-Service Car Wash with Real Estate

East Fort Worth, Texas (Tarrant)


  • Asking Price: $440,000
  • Gross Income: $86,745
  • Cash Flow: $58,505
  • Real Estate: $350,000
  • Inventory: $250
  • FF&E: $50,000
  • Listing ID: #221833
  • Established: 1983
  • Employees:

Business Description

Office ID: #001007

Well-established coin-operated self-service car wash in East Fort Worth including real estate is now available for acquisition. This business was established by the previous owner in 1983 and was acquired in 2016 by the current owner of the business. The business is occupied in a 3,180 SF space of a freestanding building nearby a major intersection and surrounded by retail areas and densely populated residential neighborhoods. Few competitors are within the local area, but this business provides better service and a cleaner environment than the competitors as the facility is very well-maintained. Also, this coin-operated car wash features 9 bays and 3 vacuum stations while the competitors have far below. A majority of the customers are a good mix of all ethnic groups from the surrounding densely populated residential neighborhoods and adjacent cities, and a large portion of customers consists of loyal customers that have been accumulated in the last 37 years of operation. Gross sales of this car wash have been consistent for the last several years running at around $87K per year due to its prime location and superior quality service. Currently, there is a minimal amount of marking being done, and there are many ways to proactively market this business such as direct mailing, flyers, social media outlets, additional vending machines, etc. This well-established self-service car wash is ready for a potential buyer who can be actively involved in the business operation while marketing to grow the business to maximum income capacity.


Business Details

Primary Business Category: Services - Other Services
Location: Texas
Metropolitan Area: East Fort Worth
County: Tarrant

Company Information

Year Established: 1983
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $440,000
Gross Revenue: $86,745
Cash Flow: $58,505
FF&E: $50,000
Inventory: $250
Real Estate: $350,000
Seller Financing Available: No

Property Information

Facilities:

The business is occupied in a 3,180 SF space of a freestanding building that is situated on approximately 25,241 SF near a major intersection of a city.

Growth & expansion opportunities:

Minimal marketing is in place, but other proactive marketing methods need to be utilized to generate more revenue.

Competition:

Few competitors are within the immediate market area, but this self-service car wash has a very well-maintained facility featuring 9 bays and 3 vacuum stations while other competitors have far below.

Reason for selling:

Other opportunities

Support & Training:

The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

V-AID Group

www.v-aidgroup.com