Express Carwash
- Status: Sold
- Price: $1,399,000
Houmehr 'Mike' Panoussi
- License No:
- DRE #01853627
- Email:
- mike@lbaweb.com
- Office:
- 661-816-1141
- Mobile:
- 661-816-1141
Description
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
Financial Information
- Annual Total:
- 500,000/y
- Revenue:
- Annual Net Income:
- Inventory:
- 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:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms: