Established Car Wash Business With Long Standing Operations
Business Details
Description
A unique investment opportunity in the form of four cash car with a long-standing reputation, consistent cash flow, and a track record of success spanning over 20 years, this business represents a highly lucrative and reputable venture for potential buyers. The properties are strategically positioned in high-traffic areas, ensuring visibility, accessibility, and convenience for customers seeking car wash services.
Key Features
Location: Harrisonburg, VA
Inventory: $75,000 (Not included in asking price)
Cash Flow (SDE): $450,000
Gross Revenue: $650,000
EBIDTA: N/A
Rent: N/A
ESTD. : N/A
Real Estate: YES/OWNED
Building SF: N/A
Lease Expiration: N/A
Employees: 6 (3 Full-time, 3 Part-time)
Competition:
- Competition from Automatic & Tunnel Car Washes.
- Gas stations with automatic wash bays.
- Weather dependancy & seasonal demand.
- At home car washing.
Growth & Expansion:-
- Possibility to increase sales by 30% by changing the self-service pricing.
- Extra income from leasing the mechanic shop or operating by oneself.
- Tap online presence and community involvement.
- Marketing would help drive revenue example: seasonal promotions, digital ads, referrals.
- Manage loyalty program.
- Prime location of the businesses aiding in higher yield due to appreciation of real estate.
Financing: N/A
Support & Training: 3 weeks.
Reason to Sell : Downsizing.
