Business Description

A successful and modern car wash business located in North Shore Long Island is now available for sale, along with the 1.3-acre land it sits on. With an asking price of $7 million, this well-established business has been running for 29 years and boasts a strong gross revenue of $3.1 million, with over $1.1 million in cash flow annually. Known as the best car wash on Long Island, it services over 60,000 cars each year, with an average price per car wash of $50, making it a lucrative investment opportunity. The current owners, who are retiring, are open to selling just the business for $7.7 million with a 30-year lease option, or potential buyers can acquire both the business and the land for $7 million. The owners are also willing to finance 50% of the sale, providing a favorable arrangement for interested parties. This unique opportunity presents the chance to take over a profitable and established car wash business in