Express Carwash

  • Status: Sold
  • Price: $1,399,000

Houmehr 'Mike' Panoussi

License No:
DRE #01853627
  • Listing No: 6422
  • Status: Sold
  • Area: Los Angeles County
  • Price: $1,399,000


Business Overview:
Reputation: Recognized as a trusted and eco-friendly car wash brand
Facilities: Cutting-edge equipment and eco-friendly systems
Services: Express car wash, Hand Wash, Detailing, Interior Cleaning, and more opportunities to add services such as Window Tinting, Car Wrapping, Stereo, and other related services
Key Features and Benefits:
Prime Location, Established Customer Base: With several years of operation, has built a loyal customer base, including both individual car owners and local businesses. State-of-the-Art Equipment: The car wash boasts top-of-the-line machinery and advanced technology, ensuring efficient and effective cleaning while minimizing water usage and environmental impact and ICS system for Tunnel and POS. Well-Trained Staff: Our experienced and dedicated team members are adept at providing exceptional customer service, ensuring each visitor enjoys a premium car washing experience.
Financials and Investment:
25 Year Lease term, 2.25% annual Increases. 12 Vacuums. 90 Ft Tunnel. New Remodeled Convenience store and Customer Lounge. 3 Offices Upstairs. 3 Bays for car detailing. Can be operated with 2 or 3 employees. About 5000 cars per month. The current owner is 100% absentee and has not yet added the monthly membership format yet. This would increase the Business immediately. Also Current avg dollar per car is $9 which is another opportunity for the new owner to increase the sales by bringing up the avg per car dollar to industry standard. The Detail department is a new addition to the Business and its starting to generate $2000 plus per month.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Carwash
License(s) Required:
Hours of Operation: 7 Days from 8 AM-8 PM
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6422
Date Available: 05/22/2023
Reason For Sale:

Financial Information

Annual Total:
Annual Net Income:
Monthly Payroll:

Lease Information

Base Rent:
$13,117/m Plus Property tax at $24 K per year in addition to the rent
Lease Expires:
Lease Option:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:

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