Business Summary:
Car Wash & Cafe
With Real Estate
Kilmarnock, Virginia
A quality 24 hour Self Service Car Wash located in the dynamic upscale town of Kilmarnock, Virginia. A NEW WALMART SUPERCENTER JUST OPENED nearby. The 1,350 square foot building is situated on .950 acres of valuable real estate in the heart of NEW major retailers such as Walgreens, CVS, and Advanced Auto. In addition it is adjacent to a Southern States retail store. The Car Wash & Café is strategically located on a 10,000+ traffic count key main artery in the town with fantastic high visibility frontage.
Profitable and well established, this efficient operation can provide a great opportunity to continue operating the 2 self serve bays and Laserwash 4000 automatic already in place or expand the car wash to include additional services. Recently, the seller has invested in new Ginsen self service equipment. Revenues are derived from the washes, vacuums and vending products.
Also, the business operates a very popular Café and Catering business at the location. The Café serves breakfast and lunch 6 days a week. It offers a wide variety of quality menu items to eat in or carry out. The Café portion of the business used to be a Shell gasoline station and convenience store. The seller voluntarily decided not to continue to sell gasoline. Plus, the interior still has all refrigeration equipment to operate as a convenience store if desired. The air conditioning system is new.
The future potential for the car wash is exciting. Kilmarnock demographics show 49,331 population in the trade area with an average household income of $62,037.
Purchase Price: $799,995
Gross Revenues: $337,885
Cash Flow: $ 45,936
FF&E: $85,000 (included in asking price)
Real Estate: $695,000 (included in asking price)
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