Express Carwash - OH

express-exterior-carwash-forsale-in-ohio

Asking Price:

$1,625,000

Snapshot

TYPE: Express

OWNER: Passive

TUNNEL: 80ft

AREA: Ohio

FINANCING: Available

REVENUE: $775,000

CASH FLOW: $300,000

AVG. TICKET: $8

TYPE: Express

OWNER: Passive

TUNNEL: 80ft

AREA: OH

REVENUE: $775K

CASH FLOW: $300K

AVG. TICKET: $8

FINANCING: Available

Overview

Express exterior tunnel car wash in desirable high traffic location. Currently washing over 100K cars per year and growing quickly. This wash has the potential to do well over 150K cars per year. Membership subscription program up, running, and growing with great success.

Site

The wash is situated on a 0.7 acre parcel of land (included in sale price) and features a +80ft tunnel. Average daily traffic counts in front of the site of ~25K cars per day.

Financials

This wash generated $775K in revenue over the past twelve months and continues to experience significant top and bottom line growth.

Over the past twelve months this wash converted ~$300K to EBITDA.

Next Owner

This car wash is ideal for new owners as well as current car wash operators and owners looking to expand. With immense upside potential, an ideal site location, and the favorable tailwinds of recently finished construction, the new owner will be a in great spot.

Financing

Both SBA and traditional conventional financing is available for this wash. Buyers should expect to need to put 10% - 25% down on purchase.

Broker Information and Disclosure

This car wash (internal listing ID OH-012) is under an exclusive listing agreement with:

Harry H. Caruso
CWA & Real Broker Commercial LLC
NY License: 10401336251

Kristine D. Bertrand
Glasshouse Realty Group, LLC
OH License: SAL.2015000772

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