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Businesses For Sale > Business For Sale in Monterey, California (CA)

Full Service Car Wash, Gas w/RE for sale in Monterey, CA

Monterey, California (CA)

Asking Price: Gross: Cash Flow:
$ 3,995,000 $ 1,676,156 $ 366,156

Business Summary:
This Full Service Hand Car Wash with Gas Station, Minimart and Gift Shop is located in a major city in Monterey County. For over 10 years, this business has been serving the community with an excellent Hand Car Wash, Detailing Services, Gasoline and Diesel Sales as well as Gift and Accessories Sales. This profitable business and prime real estate venture represents a great investment opportunity for the business savvy investor who wishes to achieve long term growth and prosperity. Although this business and real estate property has been officially appraised for over $5 million, it has been priced at $3,995,000 for a quick sale. The owners are motivated and ready to retire. There is a lot of upside potential in this business. A strong owner-operator can increase revenues by maximizing capacity in the different areas of service. For example, the gas station and mini mart sales are under-performing due to a lack of additional working capital. The facility and all of the existing equipment are currently up to code. With over 8800 sq.ft. of building structure and over 1.6 acre of land, other profit centers could be explored and developed for increased productivity and revenue. This business is already SBA pre-approved with some seller financing available for a qualified buyer with $800k down.

 

   
Year Business was Established: 1999
   
Owner willing to finance: SBA pre-Approved  
   
Owner willing to train: Yes  
   
Reason for selling: Retirement  
   
Seller Reference Number: bm569177882
BusinessMart.com Listing Number: 93625
 

 

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For more info contact:

Michael Floorman

BTI Group
415-227-4411

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