Market Leading On-Site Car Wash Service - SC2090

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Market Leading On-Site Car Wash Service - SC2090

Listed by Business Broker
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:

This Northern California-based On-Site Car Wash Service established in 1988 has been providing high-quality car wash servicing to car dealerships for the past 32 years. With a fleet of 16 trucks and approximately 23 employees (20 Full Time, 3 Part-Time), this business provides services to >90% of all car dealerships in Sacramento, Roseville, Elk Grove, Folsom, Placerville, Stockton and Yuba City. This equates to approximately 70 car dealerships. They are the market leader in this space.

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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