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Market Leading On-Site Car Wash Service - SC2090
Asking price $1,399,000
CA
Cash Flow: $413,864
Gross Revenue: $1,261,802
EBIT DA: No Data
FF&E: $300,000
Inventory: No Data
Established: 1988
Type: Independent
Business listed by:
Brett Sargent
Sunbelt Business Brokerage of Sacramento
(916)8002090
Business Description:
Competition Description
They have over 90% in the market share they serve. There are very small competitors that are uninsured and handle a few dealerships, but no one with the size and scale that this business has.
Growth / Expansion overview
Current marketing consists of word of mouth and reputation only. With such a large market share and a great reputation, marketing dollars are not needed. There are options for growth by leveraging the assets they have into other complimentary forms of business as well.
Support / Training Comments
The Seller is willing to provide training for 4 weeks at 30 hours per week. Additional training from the Sellers is available beyond what is included in the purchase price at mutually agreed to terms between the Buyer and Sellers.
- Home Based: No
- Year Established: 1988
- Franchise: No
- Year Acquired: 2021
- Willing to Train: Yes
- Relocatable: Yes
- Required Licences:
- Is Property Leased: Yes
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Real Estate Asking: N/A
- Days Open: Tuesday - Saturday
- Hours Open: 6:00 am to 2:00 pm
- Full-time Employees: 20
- Part-time Employees: 3
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: ON REQUEST
- Building Size: 4,300 sq. ft.
- Monthly Rent: $4,200
- Lease Expires: 03/31/2025
Broker: ProEquity Asset Management Corporation License ID: 01870526
Selling Reason:
Sellers would like to pursue other interests.
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