Flex Serve Tunnel - NJ

for-sale-flex-service-tunnel-carwash-in-new-jersey-for-sale

Asking Price:

$2,133,000

Snapshot

MODEL
Flex Service

SALES
$1.22M

SITES
One

PROFIT
$280K

TUNNEL
140ft

FINANCING
Available

STATE
NJ

LAND
Leased

MODEL
Flex Service

SALES
$1.22M

SITES
One

FINANCING
Available

STATE
NJ

PROFIT
$280K

TUNNEL
140ft

LAND
Leased

Overview

Long-standing carwash that has been owned and operated at its current location since 2010. A traditional full service ~140’ conveyor tunnel car wash with Express exterior options.

Site

~3.0 acre lot. Long standing and well trafficked wash with limited competition within the area. Long-term lease in place with 28 years remaining.

Facility and Equipment

~140ft conveyorized tunnel car wash is setup for high quality and volume. High end equipment with regular maintenance.

Personnel and Setup

Staff and wash management in place with supporting infrastructure and long tenure at the wash. All staff and employees would be interested in remaining a part of the business under new ownership if the new owner desires such. The current owner’s involvement is daily.

Financials

Gross sales for the trailing twelve-month period of +$1.2MM. Several large cost categories present opportunities to reduce cost basis and expand profit margins further, but even without said optimization and with current systems - this carwash produced ~$280K of net cash flow over the same trailing twelve months.

Competition

There is no meaningful competition in the surrounding area.

History and Background

This car wash is a long-standing operation; has been owned and operated by the same owner who built the carwash in 2010. Despite being successful in increasing figures and starting down this path, the current owner would like to move on and enter retirement.

Next Owner

Ideal opportunity for an individual looking to make a career shift and step into a true turnkey opportunity. 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 loyal customer base.

Financing

Conventional and SBA financing is readily available for any creditworthy potential purchaser and arrangement of such will and can be facilitated. Qualified buyers should expect to put as little as ~25% down as cash for purchase when combined with appropriate and available financing structure.

Conclusion

This opportunity provides an attractive return and fantastic business for either first time car wash owners or those already in the industry that are looking to expand their footprint.

Inquire Today

Or call (332)-209-4246