Established Car Wash for Sale in New Jersey
LISTING ID # 36350
A 20-year old car wash with brand new equipment is located in a densely populated suburb in Warren County, NJ. Rent is $6,000 a month with an 18 years lease. The seller renovated the car wash by spending over a million dollars last year, giving the car wash a unique and up-to-date look. Both full service and self-service are robust and steady; with new equipment, the business has experienced huge growth. The seller is overwhelmed with many other business projects, so the seller is offering generous seller financing. The seller is willing to finance if a buyer pays one million as a down payment. Low rent, a long lease, and generous seller financing provide a great opportunity to buy this well-located car wash. After paying all the expenses, the seller's net cashflow is $300,000 a year.
Financials (USD)
Asking Price $1,800,000
Cash Flow $300,000
Sales $700,000
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? No
Principals only? Yes
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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