Established Car Wash for Sale in New Jersey - 36350 Business Type: misc. service/non-classifiable,other personal services,owner financing available,car wash
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $1,800,000 | Down Payment | $1,100,000 |
| Gross Revenues | $700,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $300,000 | Number of FT Employees | Register Free to View |
Financing
$1,100,000 Down and A note of $700,000 at 9% for 5 years.
Business Description
A 20-year old car wash with brand new equipment is located in a densely populated suburb in Warren County, NJ.
Rent is $6,000 a month with an 18 years lease.
The seller renovated the car wash by spending over a million dollars last year, giving the car wash a unique and up-to-date look. Both full service and self-service are robust and steady; with new equipment, the business has experienced huge growth.
The seller is overwhelmed with many other business projects, so the seller is offering generous seller financing.
The seller is willing to finance if a buyer pays one million as a down payment.
Low rent, a long lease, and generous seller financing provide a great opportunity to buy this well-located car wash.
After paying all the expenses, the seller's net cashflow is $300,000 a year. Call Syed Ahmed at 631-374-7686 for more information.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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