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Businesses For Sale > Business For Sale in Rexburg, Idaho (ID)

2 Tunnel, 4 Self-Serve Bay Car Wash - REDUCED! for sale in Rexburg, ID

Rexburg, Idaho (ID)

Asking Price: Gross: Cash Flow:
$ 1,400,000 $ 158,000 $ 63,700

Furniture and Fixtures Value:
$ 700,000 (included in the asking price)

Real Estate:
$ 1,400,000 (included in the asking price)

Business Summary:
Located on a very busy street next to very large approved subdivisions, this car wash is showing explosive growth in the fastest growing community in Idaho. The automatic bays utilize PDQ Laserwash G5 stand alone units and the self-serve bays use Gin-San equipment. Both automatic and self serve bays are serviced by Cat 3535 pumps. Six Gin-San vacuums are available with three of the vacuums having the vacuum/shampoo combination. The floor is heated in the winter to prevent icing. For a complete equipment list, please click here.

 

   
Facilities / Terms of Lease: . Built in 2008, this business features two auto bays 50 feet long and 18 feet wide and four self-serve bays that are 35 feet long and 18 feet wide. The entire property consists of 0.98 acre. The lot has approximately 142 feet of street exposure and is about 300 feet deep. The set back from the street is 75 feet.  
   
Potential Growth/Expansion: In addition to the new subdivisions that are being built adjacent to this business, there are other large, big name boxes looking to invest just down the street. The future growth of this facility will reward the purchaser. If diversification is desired, there is space at the back of the lot for potentially adding an automotive detail shop which could be operated by the purchaser or sublet to a third party. Prospective purchasers will sign a Confidentiality Agreement and will also provide proof of liquid net worth sufficient to enter into this transaction.  
   
Competition: Rexburg, Idaho is bucking the national trend; the City is adding revenue to the City Budget based on increased income back from the State Sales Tax and the robust growth the community has had over the last 5 years. Community infrastructure is building to meet the growth from BYU-Idaho. BYU-Idaho has announced they will be adding 5,000 new students over the next five years starting in 2011. Rexburg has been noted in many National studies as the Number 1 growth community in the State and ranks in the top 10 nationally.  
   
Reason for selling: A personal situation forces the sale of this business.  
   
Seller Reference Number: DN4189
BusinessMart.com Listing Number: 104605
 

 

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For more info contact:

Arthur J. Berry, Broker

Arthur Berry & Company
208-336-8000

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