Car Wash - Retail Equipment Supplies
Location:
United States
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California
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Southern California - All Southern California
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Orange County
Industry: Manufacturing > Auto Parts Manufacturing
Business Summary
This business is a successful and profitable manufacturer and supplier of car wash equipment, chemical solutions and detailing supplies. The company's operations are twofold, both:
A) The manufacture, installation and servicing of high quality car wash equipment and accessories and;
B) The formulation and manufacture of a professional line of car wash solutions.
The market is principally southern California (70%), northern California (25%) and national (5%). The company was established in 1979 and has been under the present ownership since 2005. It operates from Southern California and has become a leader in its field. Gross margin, in 2007, exceeds 60%. Operating costs are manageable with a consequent high level of net income.
The company operates with a well trained and competent team of fourteen people under the direction of an experienced and highly regarded General Manager. They have applied innovative manufacturing and formulation procedures which have resulted in quality products.
Economic indicators reflect that this is a growing industry. Seller is, in addition, in the process of developing an ancillary business with, they believe, significant potential, namely the sale of detergents, cleaning fluids and fragrances into the janitorial market, both government and commercial (schools, hospitals, hotels). Contact for more information on this Car Wash - Retail Equipment Supply business for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$1,800,000
Cash Flow:
$485,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $786,000
Seller Financing: Not Disclosed
About The Business
Year Established: 2005
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will train.
Reason For Selling: Other ventures.
Click on the "I'm Interested" button above for more information on this Manufacturing > Auto Parts Manufacturing business for sale.
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Print Listing Id: 70074401
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