One Express and One IBA/SS Package

UNDER CONTRACT
ASKING PRICE:
$6,530,000

Listing Summary

Model
Express
Sites
Two
Tunnel
110ft
Bays
Two
State
CO
Sales
$556,797
Profit
$182,725
Financing
Available
Land
Included

OVERVIEW

This two-site package features a newly-acquired - ready to be opened Express Car Wash and an operating In-Bay Automatic + Self-Serve Car Wash. Both washes are located within a 5-mile radius of each other – offering a strong local advantage in the busy residential areas in proximity.

SITE

Both sites are well-kept with a total acreage of 1.55 acres. Real-estate is owned and included in the sales transaction. Both sites are located near active businesses and rural residential neighborhoods offering capacity for natural high volume traffic counts and organic customers. Site 1 sits on .91 acres of land that includes 2 Touchless Automatic Bays and 4 Self-Serve Bays— an ample amount of land for the demand in this given area.

Site 2 is located on a .64 acre lot. It is a newly acquired Express Tunnel wash ready to be opened by a new and incoming owner .

FACILITY AND EQUIPMENT

With the latest update and servicing taking place as recent as this year, the current equipment for both sites are well-maintained at both facilities as the owner and seller has prioritized continuous capital improvements.

PERSONNEL AND SETUP

These sites are attractive to incoming owners looking for low labor-intensive models. Upon acquisition, there are only 5 part time employees with only 1 employee required to work at a time. The employee adjustments for site 1 will vary depending on you (the buyer’s) personal preferences.

FINANCIALS

Financials can only be provided for Site 1 as site 2 has yet to be opened. Site 1 produced a 2021 Revenue of $556,797 and an EBITDA of $182,725. Despite Site 2 being a newly-acquired site yet to be opened, it has potential for incurring steady cash flow and growth through the acquired brand’s existing monthly membership program.

FINANCING

Financing is available in the ways of conventional bank financing and SBA financing.

Inquire Today

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