OVERVIEW
This opportunity represents an opportunity to acquire a turnkey express exterior car wash located in Central Louisiana.
SITE
The site was built in 2016 and features a 70+ foot tunnel on 0.4 acres located on a high-traffic 14K+ AADT road. The real estate is owned and included in the sale. The sellers also own a 0.5-acre connected parcel (residential) behind the carwash that could be included in a transaction if desired by a buyer.
FACILITY AND EQUIPMENT
The site features 15 central vacuums, ICS pay stations, and Sonny’s tunnel equipment. The facility is in good condition and has been consistently maintained by the owners.
PERSONNEL AND SETUP
There is a dedicated manager and knowledgeable employees that are capable of running day-to-day operations.
FINANCIALS
Revenue for 2022 was $655K and netting a very profitable EBITDA of approximately $240K. The site has a strong monthly membership program of more than 780 members.
FINANCING
Conventional and SBA financing is readily available for any creditworthy potential purchaser and the arrangement of such will and can be facilitated. Qualified buyers should expect to put as little as ~15% down as cash for purchase when combined with an appropriate and available financing structure.