Two Self-Serve Car Washes
Location: Virginia > Roanoke city County > Roanoke
Industry: Auto Related > Car Wash
Financials
Asking Price: $695,000
Gross Revenue: $302,884
Cash Flow: $151,578
FF&E: $400,000 (Included in Asking Price)
Seller Financing: Business is SBA Pre Approved
Business Summary
Business is two self-serve car washes situated in busy commercial areas in Roanoke, Virginia. Both are profitable and well established with a consistent client base. Facilites have twenty self-serve bays and in 2007, the seller invested $260,000 in new equipment. Rvenues are derived from washes, vacuums, and vending products. Location one is on a one acre lot, has ten bays, and is located in the heart of the busy Roanoke retail area. Location two is on a .6 acre lot, has eight bays, and is close to a large shopping center with no competition for miles.
About the Business
Year Established: 20
Employees: 2 part time
Facilities: Location 1: 10 bays, 1 acre. $130,000 in new equipment installed in 2007. Location 2: 8 bays, .6 acre. $130,000 in new equipment installed in 2007.
Market Outlook and Competition: These washes are established and profitable. They are located in busy areas with limited competition close by.
About the Sale
Management Training and Support: Seller will stay for a transition period
Reason For Selling: Seller has many real estate properties and want to sell the car washes to focus on the property management part of their business.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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