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Home » Businesses For Sale » Car Washes » New Jersey » Listing BFS-176355

Car Wash, & Lube, Just Renovated and Just Reduced

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Location

  • CityNot Disclosed
  • State New Jersey
  • CountryUnited States

Not Relocatable

Real Estate Included

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Seller Financing Available?
  • Management Will Stay?
  • Willing To Co-Broker?

$1,700,000.00 Just Reduced To $1300,000. No Financing (Ground Floor Opportunity Newly Renovated Car Wash & Lube).
This location opened last month October 2008, the developers used all the top equipment, and quality building and site development. To date the location is washing cars at a $14.00 average per car and is conservatively projected to wash 30,000 cars the first year, This will equal $420,000. The oil change is projected to do 10,800 cars the first year. This will equal $324,000 yearly sales at a $30.00 average per car.


Yearly Expenses
Rent & Property Taxes: $38,400.00
Utilities: $18,000.00
Water & Sewer: $4,000.00
Telephone: $1,200.00
Soap-Wax & Detail Supplies: $15,000.00
Labor: 125,000.00 (Includes payroll Taxes)
Credit Card Fees: $6,500.00
Store Supplies: $ 6,000.00
Misc. Expenses: $ 8,000.00
Maintenance: $8,000.00
Insurance: $10,000.00
Advertisement: $6,800.00


Total Gross Sales: $ 744,000.00
Total Yearly Expenses: $ 246,900.00
YearlyCash Flow: $ 497,100.00

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