Full Service Tunnel Carwash w Fuel and Gift Shop

Monterey County, CA

Full Service Tunnel Carwash w Fuel and Gift Shop
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Asking Price: $4,000,000

Cash Flow: $102,451

Gross Revenue: $1,607,291


FF&E: $400,000

Inventory: $37,000

Real Estate: $3,100,000

Established: 2000

Full Service Tunnel Carwash w Fuel and Gift Shop

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Business Description

Well established tunnel carwash with gift shop and fuel, located near a high traffic intersection. This family-owned business was founded in 2000 at the same time as the adjacent quick lube and gas station with convenience store by the same owners. Real estate for the carwash and carwash business are for sale as a package.
The 6,840 square foot building has a 125-foot long tunnel carwash which has been well maintained since it was constructed in 2000. Parcel is 37,544 square feet with 125 foot street frontage. Owners recently upgraded equipment by the addition of a unit that cleans tires and wheels so well that hand labor is mostly eliminated. They replaced the chain and roller mechanism in November, 2019.
Fuel is a small part of revenues. Presently a major brand but can be changed. There is a two-chamber 20,000 gallon tank with 12,000 gallons for regular and 8,000 for supreme. There are two fuel dispensers with four nozzles and another two capped off dispenser installations for future expansion. Three grades of fuel are sold: regular, supreme and blended. Diesel is not sold.
Gift shop sells snacks, cards, gifts, clothing, picture frames and various merchandise. It has very nice improvements and provides a pleasant place for customers to wait while their vehicles are being washed.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email Greg Carpenter at greg@mabusinessadvisors.com to receive a confidentiality agreement and learn more about this opportunity.

Detailed Information

Monterey County, CA
Included in asking price
Real Estate:
Included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Near busy intersection of two major streets, near major freeway 6,840 square foot freestanding building on 37,544 square foot lot, 100% improved, 125-foot tunnel, 1,400 square foot gift shop, covered fuel area.
Two other full-service tunnel carwashes in this city.
Growth & Expansion:
Add auto detailing, improve retail offerings, add food, build self-serve vacuum station after exit from tunnel to increase throughput of exterior only carwashes.
Support & Training:
Seller will provide training at no cost to qualified buyer
Reason for Selling:
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Greg Carpenter

Business Listed By:
Greg Carpenter

M&A Business Advisors

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Sponsoring Broker:
Matt Coletta, CBB, CBI, M&AMI

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