Car Wash- Full Serve- Business Only

Santa Barbara, CA (Santa Barbara County)

Car Wash- Full Serve- Business Only
Contact Seller

Asking Price: $2,350,000

Cash Flow: $540,000

Gross Revenue: $1,580,000

EBITDA: $540,000

FF&E: $0

Inventory: $20,000*

Rent: $18,250

Established: N/A

*not included in asking price.

Car Wash- Full Serve- Business Only

Save Print Share Valuation Report

Business Description

GREAT CASH FLOW GENERATOR
2017 car wash sale was $1,381,000 ($115,083/mo.) (per books). Payroll $427,310 (32%) in 2017.
Sales for 2018 was $1,579,196 ($131,560/mo.) and labor was $443,886. That reflects a 14% increase in 2018 sales.
Sales for 2019 so far is over 120,000/mo. (per Books)-
Net profit for 2018 is over 540k on the books
20,000 SF land
20 years left on rent
Monthly Rent; $18,000 NNN
This car wash has many repeat customers and members
They sold over $465,000 prepaid plans in 2018
There is a note for 1.4m which may be assumed by qualified buyer

Detailed Information

Location:
Santa Barbara, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
N/A
Facilities:
Located in the best part of Santa Barbara, close to high end shopping mall and stores. This is most probably the best car wash in town and has many repeat customers
Competition:
No competition in town like this business
Growth & Expansion:
owner operator will definitely improve the operation
Support & Training:
seller will stay for 15 days or longer if needed
Reason for Selling:
other interest
Contact Seller

Contact the Seller

Contact Seller Loading

By clicking the button, you agree to BizBuySell’s  Terms of Use and Privacy Policy


Alex Shapouri

Business Listed By:
Alex Shapouri

ICOA, INC.

View My Listings

Report an issue with this listing

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1712439

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Tint World

Franchise Opportunity
Cash Required: $70,000