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Excellent Full Service Car Wash W/ RE

The seller needs to sell ASAP and has again lowered the asking price on this full service car wash and has added very flexible owner financing terms. The business and real estate was recently appraised for $550,000 and since the owner needs to sell quickly and has lowered the asking price to $449,000. The owner will finance to a qualified buyer with 30% down, 30 year amortization @ 7.5% interest with a balloon in 10 years. The wash is located on a 30,324 SF hard corner lot with an excellent traffic count and nationally recognized businesses on two of the other corners. All electrical and wash equipment were updated and installed new in 2007. The building improvements include a 4,831 SF wash building which includes the customer waiting area, office area, employee lounge and three restrooms. The main building also can be used for a “C” store and or/a deli/food establishment. It includes an 8 door walk-in cooler with full cold storage and well as a full kitchen that can be used for food service. Other profit center ideas include: Adapting the additional building on the property to offer detail services. Construct a quick oil change facility. Open for Sunday business (there are plans to do this in September). Conversion to a flex or express wash with free self-service vacuums. This is an excellent opportunity for an owner/operator.