Package | Lubes + Carwash - FL

oil-change-carwash-package-of-six-with-real-estate-for-sale

Asking Price:

$8,260,000

Snapshot

MODEL
Full Serve + Lube

SALES
$3.20M

SITES
Six

PROFIT
$1.10M

RADIUS
Ten Mile

FINANCING
Available

STATE
FL

LAND
Included

MODEL
Full Serve + Lube

SALES
$3.20M

SITES
Six

FINANCING
Available

STATE
FL

PROFIT
$1.10M

RADIUS
Ten Mile

LAND
Included

OVERVIEW

Package of six uniformly branded oil change centers and singular full-service conveyorized tunnel carwash is for sale. All sites located within ~10-mile radius located in a high growth and high residential population density geography.

SITE

Real estate is owned by seller and included in the sale at four of the six sites. The remaining two sites have long-term and attractive leases in place with landlords.

SETUP AND PERSONNEL

Current owner is arms-length with minimal level of day-to-day involvement. Staff and management oversite in place and would stay aboard under new ownership (if desired).

FACILITY AND EQUIPMENT

Oil change centers are two bay centers with regularly maintained, repaired, and upgraded equipment throughout.

Carwash is a full-service 95ft conveyorized tunnel with natural and appealing flex or express conversion opportunistic potential if desired to be executed on by next owner.

FINANCIALS

Gross sales at the combined businesses has consistently grown on average 10% over the past three calendar years, with a massive increase to +20% year-over-year growth in 2021.

Over the past twelve months the combined businesses grossed $2.7MM in sales and are on track for ~$3.2MM for calendar year 2021, of which ~$1.1MM will be converted to EBITDA.

COMPETITION

Surrounding competition at all sites is minimal and effectively negligible.

FINANCING

Financing is available in the ways of conventional bank financing and SBA financing but will require upwards of $2MM in cash equity being brought to the table and to the transaction by the prospective buyer.

CONCLUSION

Ideal opportunity for an individual looking to make a career shift and step into a true turnkey opportunity. An opportunity and setup where no expense has been spared and no corners have been cut by the prior owner.

For those with industry experience, this wash presents a natural and attractive opportunity to leverage pre-existing industry knowledge and grow your car wash footprint to the next level with a prime location and setup with a loyal and unyielding customer base.

Inquire Today

Or call (332)-209-4246