Listing Number: 189597-183693
Description
Full service car wash with township approved plans to easily convert to a membership based express car wash (only requires 1 employee) with 11 free vacuum stations. The car wash has been operating profitably as a full-service car wash for over 30 years. The current ownership purchased the site 2 years ago and combined it with the property next door to create a site that is 32,000 sf with 200 feet of frontage on a busy intersection. Ownership now has township approved plans (which took 18 months of work and over 200k to secure) to convert the site to an express car wash with 11 free vacuum stations and 2 pay station lanes at the entrance. The existing tunnel is 110 feet which allows enough space for all the equipment necessary to produce a clean, dry car with only 1 employee working on site! Population count is 97,000 in a 3 mile radius with a $120,000 average household income. Owner will give the new operator a brand new 30-year triple net lease at 10k/month. They will also consider selling the property. Partnership dispute forces the sale at this time. This is the best car wash deal on the market. Won't last.
Listing Details
- Price: $ 500,000
- Down Payment: $500,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 0
- Location: Camden County, New Jersey
- Inventory: $ 0
- FF&E: $ 150,000
- Employees: 6
- Year Established: 1990
- Reason for Selling: Partnership Dispute
- Category: Automotive
