Listing ID: 30968

Business Overview

Favorable & rare 28 year lease with 5% increases every 5 years.

Just shy of 1 acre with 80 FT Tunnel and 136 FT of Frontage.

1,600 Monthly Members being billed monthly in place & continuously growing (Covers rent and utilities).

Perfect Apron size (136 FT) for potential express or flex model conversion but can also remain a high profit full-service niche style car wash

Perfectly placed on one of the busiest roads in Suffolk County, surrounded by other numerous successful businesses. hospitals & developments.

Seller Financing Available with only $2M down and very favorable terms for a high cash on cash return.

Same owner for over 10+ years, retirement causes sale.

Owner operator can make over $1M in SDE, Current owner has very high paid managers.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $5,999,999
  • Cash Flow: $995,840
  • Gross Revenue: $3,119,500
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:1 Acres
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This is an incredible opportunity to own a highly profitable car wash located on one of the busiest roads in the area.

Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Competition:

Car wash features an 80' tunnel and over $100K in new equipment.

Opportunities and Growth:

Business is currently running with a 29-year lease and no increases until five years.

Cooperating Broker of Record

Jason Green

SFR Realty, LLC

New York - 10301222535