Selling Car Wash In Atlanta, Ga
www.GlobalBX.com
Listing ID:
700353452
Listing Title:
Selling Car Wash In Atlanta, Ga
Quick Link:
http://www.globalbx.com/listing.asp?bId=353452
Industry:
Auto Related
Industry Segment:
Car Wash
Country:
United States
State / Province:
Georgia
Area
City:
Atlanta
Asking Price Range:
< $250K
Gross Revenues:
$62,000
Cash Flow:
$20,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2009
Number of Employees:
1 - 3
Business Description:
$100,000
Auto detailing & car wash business for sale in niche Atlanta market.
Sale includes:
Two locations in high-rise parking decks,
Car wash & auto detailing equipment, and supplies,
Chemicals inventory,
Customer list,
CRM & email
Company bank account(s)
Website w/scheduling calendar
Signage & marketing materials
This S Corp is an established car wash & automotive detail operation which has a specific market of executives in high-rise office complexes in Metro Atlanta. It has two locations within high-rise parking decks. The locations have been negotiated as amenities to each of the buildings it serves, and as a result doesn't incur any rental or lease for the space it uses.
Fixed operational costs are minimal. The owner hasn't invested in expanding the market outside the scope of the high-rise market, nor has he implemented mobile detailing or other segments to operations. This means there is excellent opportunity for growth in the market.
The owner nets between $15,000 to $30,000 each year. COVID-19 has impacted operations in 2020. One location has been shut down which leaves the total location count to two, presently.
Motivation:
The owner no longer wants to be in the industry. They have transitioned into another business and would like to focus resources, and effort solely to the new direction.
Valuation Considerations:
Valuation of this business exceeds the asking price based on a discounted cash flow (DCF) model approach. Using a conservative average growth rate of less than zero percent the company's net present value is more than what is being asked.
Actions For Serious Inquiries:
We are ready to provide financials for this business, and setup time for on site meetings and inspection of operations. As to not waste time, proof of funds are expected before providing any information, or meetings. Call 888-428-2669 if you are interested.
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