| PROFILE: Profitable And Well Established Self Serve Car Wash With Real Estate. |
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| USABizMart Ad #: |
107424 |
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| Seller Or Contact: |
Roland Davis |
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| Primary Phone: |
757-410-3851 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
10/29/08 |
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| Date Ad Last Revised: |
10/29/08 |
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| Asking Price: |
$1,625,000 |
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| Down Payment: |
Call/Email |
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| Annual Revenue: |
$164,659 |
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| Annual Adjusted Net: |
$74,331 |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
Yes |
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| Bkr To Bkr Cooperation: |
Yes |
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DESCRIPTION: A Self Service Car Wash Poised For An Express Conversion. Situated On 1.584 Acres Of Prime Retail Commercial Real Estate On A 50,000 Traffic Count Major Artery In Virginia Beach, Virginia. The Real Estate Has A Direct Access Easement For Median Cut Access To All Lanes Of Traffic. Profitable And Well Established, This Efficient Operation Can Provide A Great Opportunity To Continue Operating The 5 Self Serve Bays, 70 Foot Conveyor And A New Touchless Automatic Already In Place While Leveraging The Land Available To Increase Bays Or Convert To An Express Wash. The Current Owner Is Not Active In The Business.
The Self Serve Car Wash Is On The Front Half Of The Property. The Rear Half Of The Parcel Is Available For Future Expansion. Plenty Of Room For An Express Business! In 2005, The Owner Invested Over $90,000 To Convert One Of The Self Serve Bays To A Touchless Automatic With Credit Card Capability. Revenues Are Derived From The Washes, Vacuums And Vending Products.
Located In The Largest City In Virginia, The Immediate 5 Mile Demographics Are 86,000 Households, 237,000 Population With An Average Household Income Of $64,000. The Growth Rate Is Projected To Be 8% In The 5 Mile Radius In The Next Decade.
Reason For Sale: Retirement
Purchase Price: $1,625,000
Gross Revenues: $164,659
Cash Flow: $ 74,331
FF&E: $500,000 (Included In Asking Price)
Real Estate: $1,300,000 (Included In Asking Price) |
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