Business Summary:
This is a well maintained and attractive car wash in Sounthern IN near Louisville, KY. It is near a major interstate exit and has a very visible site. Competition is limited and no other car wash facilities are expected in the immediate area. Owner lives about 100 miles away but is able to monitor all activity with a modern Intellio software system connected to a Sprint communications line. An appraisal was performed in 2006 with a value of $480K. Credit card sales are about 60% of sales. The seller owns the facility including the building. A lan only lease is in place until 2021 with an option to buy at that time. It may be possible to acquire land prior to that time.
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| Year
Business was Established: 1996 |
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| Facilities / Terms of Lease:
There are two automatic bays and one self-serve. Three underground tanks hold water. All bays have heated pads prior to entering car wash. All bays have auto opening doors for all weather use. Two other business spaces in building are being rented by Seller of car wash. |
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| Potential
Growth/Expansion:
Area near car wash is still under development and may contribute to future growth in revenues. |
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| Competition:
Closest car wash is three miles away. |
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| Owner
willing to finance:
Owner may consider some financing to qualified buyer. |
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| Owner
willing to train:
As needed |
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| Reason for selling:
Owner is looking for employment in distant locations. |
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Seller Reference Number: RS157
BusinessMart.com Listing Number: 68030 |
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