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Address: 121 King St, Dameitta, Egypt
Phone: +25-506-345-72
Email: [email protected]

6 Bay Coin Car Wash

6 Bay Coin Car Wash

Genesee County

Listing#: C2658

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Description

This is a long-established 6-bay coin-operated car wash. It is located on a major road with high traffic flow and is surrounded by many residential neighborhoods. The land, building, and all equipment are included in the list price. There are 6 coin-operated vacuum stations along with other coin sale machines like air fresheners, tire shine, etc.

All equipment is in working condition and has been well maintained over the years. The building is in great shape with a well-kept-up boiler room. It also has heated floors to prevent water from freezing in the winter months. The owner lives an hour away from the business. The wash has generally only been open during the warmer months but is fully equipped to operate during the winter season, which would increase revenues and is why the sales for 2021 were about $30,000. Real estate taxes for 2021 were $4,459.65.

Currently, the seller charges $2.00 but the market rate is $2.50-$3.00. A new owner can increase sales by increasing the price per wash, installing credit card readers in the bays to provide customers with another payment form, and adding a dog wash to one of the bays.

The owner is selling to pursue other interests. They’re willing to hear all reasonable offers and are open to a land contract on this opportunity with only $100,000 down. This is an easy to run and a lucrative opportunity.

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Business Overview

Revenue $31,811
Cash Flow TBD
Inventory $TBD
Year Established 1987
Seller Financing Yes
Employees FT PT
Asking Price $160,000
Key Statistics
  • Hours of Operation: 7 Days 24 Hours

  • Employees: Full Time Part Time

  • Year Established: 1987

  • Year Acquired: 2012

  • Liscence Required: Sales Tax

  • Seats: N/A

  • Parking: Ample

Financial Information
  • Gross Sales: $31,811

  • Source: Seller Provided Financials

  • Cash Flow: TBD

  • Source: Seller Stated

  • Inventory Value: TBD

Seller Financing
  • Business Price: $160,000

  • Down Payment: $100,000

  • Monthly Payment: $1,825

  • Interest Rate: 6%

  • Amortization Period: 36



Location
Real Estate Available for Purchase

  • Real Estate Price:Included in Business Price

  • Purchase Terms: Included in List Price

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Disclaimer

This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.