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High Profile Car Wash, Gas, C - Store, Lube Permit
Location: United States -> New Jersey -> Bridgewater
Industry: Auto Related > Car Wash




Business Summary

Investor/partner welcome. High profile Car wash, Gas, C-Store for sale or investment, car wash currently pays annually $650,000 in mortgages, owner salaries and misc debt. Lube would add minimum $300,000 in profits so would create $1.M in net profits with completed site. 732-310-1360. KevinedDealing with private funding past 20 years, Interested in sell lease or partners. Car wash renovat about 6-7 years ago other than some cloth replacement (for wraps) in great mechanical condition. 2x 15 HP Sherman vacuum system w/Sherman tank great system. High ticket in upper class township. Gas history for 20 years 150,000 due to a bad fuel contract only doing $75-80,000 would need $1.8M to remove existing supplier become free and look for better deal. ''AS IS'' Appraisal 4 years shows over $4M (property buildings, Bridgewater has held or even increased) business evaluation would be over $2M w/o improvements. Need a $2M investor for 1 year 12-15% or sale of $5.5M, Lease would need $2.M for business + $18,000/mo 15 year lease w/purchase or extension options.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $4,500,000
Cash Flow:   $1,000,000
Cash Flow Type:  EBITDA
Inventory:  $70,000
Seller Financing:  Yes

About The Business

Year Established:  1994
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  3-6 months to train
Reason For Selling:  Retiring

Photos

View Larger Photo(s) Of Business
High Profile Car Wash, Gas, C - Store, Lube Permit Photo 1 High Profile Car Wash, Gas, C - Store, Lube Permit Photo 2 High Profile Car Wash, Gas, C - Store, Lube Permit Photo 3




Print Listing Id: 700184572
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Related Searches: Auto Dealers  >  Auto Parts Retail and Distribution  >  Auto Rental  >  Auto Repair  >  Car Wash  >  Gas Station  >  Other Auto Related  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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