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Listing ID: 2730878

Car Wash For Sale

Sussex, New Jersey, United States

$ 25,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 125,000

Cash Flow: $ 40,000

Business Description

Two-year young, solid opportunity to own and operate this long-standing car wash business located in Sussex County, New Jersey. The business is presently closed and the landlord will supply a long-term lease at a fair rent cost. The business functions with underground well water, which is included in the rent, and the utilities are shared with the gas station. This company previously had two employees when the business was operational with a monthly payroll of approximately $2,850. This business opportunity will consist of a fifteen-year commercial lease which expires 2032-01-01 plus additional options, with a monthly rent of $3,000, cost per square foot is estimated at $12.27 and rent security of approximately $6,000. Yearly CPI rent increases. This car wash business is at a free stranding commercial facility, on an active county road, consists of approximately 1,955 square feet and has an estimated capacity for fifteen vehicles. The business fixed assets has an estimated value of approximately $175,000 which is based on equipment and licensing replacement cost and the sale consists of a fully equipped commercial car wash, which includes three separate drive in’s, one automatic and two self-services including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser / tenant upon request. The facility has appropriate private parking on site as part of the commercial lease. This successful car wash business operation was active seven days per week, with hours from 9:00 am to 7:00 pm. The sale includes all required documentation including a certificate of occupancy from the municipality and the required state or city licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent investment return to the owner operator prior to debt service. Please do not disturb business, this sale is absolutely confidential, the employees at the fuel station are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

Property Details

Size:

1955

Property Type:

Lease

FF&E:

$ 175,000

Inventory Value:

$ 750

Other Details

Business Location:

The business facility consists of one drive through and two self-service tunnels. The business is located with an active gas station which attracts numerous potential clients. The business consist of 1,955 square feet has a modern professional appearance. The business is on an active four lane highway with substantial drive by vehicles. This opportunity is in Northern New Jersey, Sussex County, which consists of various cities and highly populated communities with continued demand for this service.

Competition:

Competitors presently exist in the industry and to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Expansion Potential:

The business presently has a no marketing plan or web site and if improved developed can result in a consistent cash flow.

Document:

Operation Details

Support & Training:

The owner is the landlord, absentee and cannot supply training.

Miscellaneous

Reason For Selling:

The sale is due to the owner is absentee out of the general area.

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