Carwash For Sale • 4,571 SF
This business is a cash flowing real estate opportunity in the form of a Coin-Operated Car Wash with very valuable real estate. This business is a five bay - 2 automatic and 3 wands - coin-operated car wash priced below market value. This opportunity is priced based on the real estate value from a recent appraisal. In fact, the bank recently reassessed the current loan and updated the appraisal. The real estate appraised for approx. $100,000 more than the listed asking price. This business produces a six figure cash flow - providing an investor with more than enough to cover debt and provide monthly cash flow for MINIMAL time involved. The current owner spends approximately 1 hour per week at the business. 4 Year AVERAGE Cash Flow is OVER $108,000! Two top-of-the-line automatic washes. One is 4 years old. One is 10 years old, with a rebuilt system. Both are in excellent condition and top brand systems. Wands, hoses & pumps are in great condition, up-to-date, and the business comes with two backup systems, spare parts, hoses, pumps, etc. EQUIPMENT IS UPDATED, UPGRADED & IN EXCELLENT CONDITION!! ASKING PRICE $1,085,000 (real estate & business) ASSETS: Equipment = $448,000 (included in Asking) Inventory = $10,000 (included in Asking)
Positive Cash Flowing real estate investment for minimal time Involved. |
Value backed by hard assets - which have appreciated in value since last appraisal. |
Financing available over long term with favorable rates. SBA 504 loan program. SBA 7(a) loan program. |
Real Estate priced under market value. Instant equity for a buyer. |
Airport | Drive | Walk | Distance |
---|---|---|---|
Bill and Hillary Clinton Ntl/Adams Field | 25 min | - | 15.6 mi |
Parking Available: | Yes |
Reserved: | No |
Type: | Surface |
Included in Rent: | Yes |