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Businesses For Sale > Business For Sale in Southeast, Michigan (MI)

Multi-Location Express Car Washes for sale in Southeast, MI

Southeast, Michigan (MI)

Asking Price: Gross: Cash Flow:
Undisclosed $ 877,998 $ 280,898

Business Summary:

This opportunity has three express car washes for sale in Southeast Michigan. The Company’s car washes target a variety of customers as the washes offer different price points and a distinguished set of services. Two of the three locations have received recent equipment upgrades and have comprehensive point-of-sale systems that offer payment methods at unattended kiosks.

The Company’s staff has relatively low turnover, with all three managers having over nine years of tenure. In addition, there have been a few hires by the Company for car wash attendants within the past couple of months.

Currently the owner works approximately 20 hours per week on financial and administrative tasks. Preferring to work from a home office, the owner is rarely physically present at the car washes. As a result, a buyer can transition into the Company smoothly. The owner is willing to assist in the transition of the Business but does not want to stay on as an employee.

The Company has three separate car wash locations with 4,185 square feet, 4,620 square feet, and 6,230 square feet, respectively. The Company’s first location opened in 1999, then two more locations opened in 2003 and 2005. The real estate is owned within the operating entity for two locations, and for one location, the real estate is owned through a separate related entity. A portion of one location is leased to another auto service provider, bringing in additional income for the owner. Ownership intends to sell all real estate with the transaction.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email [email protected] and request a PDF version.

Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.

IF YOU DO NOT RECEIVE A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST. If you do not see the email there, please email [email protected] for support. Thank you in advance!

 

   
Year Business was Established: 1999
   
Number of Employees: 17  
   
Facilities / Terms of Lease: The Company has three separate car wash locations with 4,185 square feet, 4,620 square feet, and 6,230 square feet, respectively. A portion of one location is leased to another auto service provider.
Ownership plans to sell all real estate with the transaction.
 
   
Potential Growth/Expansion:
Growth Opportunities Include:
(1) Add Detailing Service
(2) Advertise and Rebrand
(3) Maximize Point-Of-Sale Utilization
 
   
Competition:
Investment Highlights Include:
(1) Limited Competition
(2) Desirable Locations
(3) Recent Capital Improvements
 
   
Owner willing to finance: Limited Seller-Financing Available for Qualified Buyers.  
   
Owner willing to train: Ownership is willing to provide reasonable and customary transition assistance.  
   
Reason for selling: Other business interests.  
   
Seller Reference Number: 149
BusinessMart.com Listing Number: 286749
 

 

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For more info contact:

Matt Baas

Small Business Deal Advisors, LLC
844.889.7232

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