MergerPlace

Modern Self-Serve Car Wash with Real Est

North Dallas, Texas (Denton)


  • Asking Price: $1,390,000
  • Gross Income: $142,668
  • Cash Flow: $88,336
  • Real Estate: $1,050,000
  • Inventory: $1,000
  • FF&E: $200,000
  • Listing ID: #219290
  • Established: 2001
  • Employees:

Business Description

Office ID: #000957

Spectacular coin operated car wash with two automatic touchless tunnels and top-of-the-line equipment in North Dallas is now available for acquisition. This business was established in 2001, renovated by previous owner in 2012 and was acquired in 2016 by the current owner of the business. Few competitors are within the local area, but the competitors struggle to compete with 24/7 availability, the Brushless technology system at this operation and location accessibility. Coin operated washes features 4 self-serve bays and 2 automatic touchless bays equipped with laser line system which uses jet water to clean instead of the cleaning car mop which can damage your vehicle. After the car wash is complete there are 4 separate areas around the operation which provides vacuuming with fragrances. Gross sales of this car wash have been consistent for the last several years running at around $150K per year due to its prime location and superior quality service by hi-tech system that the business has. 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, coupons, and daily specials etc. Its prime location and hi-tech system, coupled with pro-active marketing and new owner's active involvement in day to day operation will definitely boost overall sales immensely for the operation.


Business Details

Primary Business Category: Services - Other Services
Location: Texas
Metropolitan Area: North Dallas
County: Denton

Company Information

Year Established: 2001
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $1,390,000
Gross Revenue: $142,668
Cash Flow: $88,336
FF&E: $200,000
Inventory: $1,000
Real Estate: $1,050,000
Seller Financing Available: No

Property Information

Facilities:

Coin operated car wash with 4 bays and 2 automatic car washes are occupies a 2,840 SF space of free standing building next to a high traffic intersection. All equipment is well kept and 4 vacuums with fragrances are available around the car wash. The automatic car wash has a top-of-the-line laser system that washes each car with high pressure water according to its shape and size to avoid damages to the automobile.

Growth & expansion opportunities:

Minimal marketing at the car wash currently, but with proactive marketing of the car wash's line laser system will boost sales greatly.

Competition:

The competitors of the coined car wash struggle to compete with 24/7 availability, the Brushless technology system at this operation and location accessibility.

Reason for selling:

Relocation

Support & Training:

Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.

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Business Listed By:

V-AID Group

www.v-aidgroup.com