Listing Number: 76551-758567
Description
Are you looking to enter or expand in the car wash industry? Here’s your chance! This established car wash, operating since the 1990s, is now available for sale. The current owner, a serial entrepreneur and military retiree, has invested in a complete rehab and is ready to pass the torch to focus on new ventures.
Key Features:
Equipment: Recently upgraded with newer self-serve machines and a brushless automatic system (approximately 10 years old).
Facilities:
6 self-serve bays
7 vacuums (expandable to 11)
Amazon drop box
4 garage bays for seasonal rental income (detailing and window tinting).
U-Haul Rental Location possible for additional cash-flow
Prime Location:
Situated conveniently near the beltway, adjacent to major businesses like a Ford dealership, Chick-Fil-A, and Burger King. Plus, a significant new development is coming soon next door, increasing visibility and foot traffic!
Financials:
2024 Year-to-Date Revenues: $298,738 with an income of $132,208
2023 Revenues: $339,928 with an income of $126,418
Lease Terms: 10-year lease with renewal options. Monthly rent is $3,515 (taxes included).
Seasonal Operations: Currently open April through October, 24/7 for self-serve and year-round for detailing.
This is an incredible opportunity for a motivated buyer looking to step into a successful business with a solid customer base and significant growth potential with a multitude of B2B opportunities.
Serious inquiries only. Financial statements available to qualified buyers. Don’t miss out on this chance to make your mark in the car wash industry!
At this time, seller is offering a 5% concession and wants to make a decision by end of year so please make ANY offer!
Listing Details
- Price: $750,000
- Down Payment: $50,000
- Sellers Discretionary Earnings: $126,000
- Total Sales: $339,000
- Location: Baltimore County, Maryland
- Inventory: $0
- FF&E: $250,000
- Employees:
- Reason for Selling: Owner has other pursuits
- Category: Automotive
Contact Agent:
- Brikena Kay
- Phone: (808) 635-8315
- Email: bkay@tworld.com