Car Wash & Lube Business, Sales Surpassing $400K

Featured on BizBuySell.com . 11 viewed

Asking Price

$5,200,000

FOR SALE - ACTIVE

Detailed Information

Location

Nassau County, NY

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

A state-of-the-art car wash and lube business, under new ownership, is experiencing significant growth. With sales surpassing $400,000 and over 70,000 cars washed, the business is thriving. In May, sales reached $250,000, indicating a strong upward trend from the previous month's total of $230,000. The business is projected to generate between $850,000 to $1,000,000 in net sales by 2024, with total gross sales reaching $2,400,000. This car wash and lube business caters to a large customer base, washing an impressive 70,000 to 75,000 cars annually. The recent increase in sales and projections for future growth highlight the success of the new ownership. With a focus on quality service and efficient operations, the business has achieved a strong market presence. Reaching a wide audience through effective advertising, the business is well-positioned for continued success and expansion. The business's robust

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Listed By:

Name : Rod Ross or Jeff Bell

Phone Number : Show Phone number

Rod Ross or Jeff Bell typically replies in about 7 minutes

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