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Business Listing

Listing No: 93700681
Category: Automotive: Car Wash
Description: Self service car washes - three locations

Business Details

Revenues: $120,683
Adjusted Cash Flow: $62,165
Selling Price: $1,130,000
Down Payment: $1,130,000
General Location: Ft. Myers (Major highway)

Executive Summary

This self service car wash has a great location in a major industrial and residential area of Ft. Myers. Gross sales for 2006 were approx. $194,000. 2007 were approx. $155,000 and 2008 were approximately $121,000. Sales have been affected by the economy, which has affected all types of businesses locally and nationwide. This business is great for depreciation expense for your tax return. The depreciation for 2006 was approx. $53,000, 2007 was approx. $53,000 and 2008 was approx. $50,000. The owners are presently discussing a joint venture with the convenience store which is adjacent to their property so that the convenient store customers can purchase car wash tickets. They have a similar program with one of their other locations. There are 4 bays plus an automatic bay. OWNER MIGHT CARRY PAPER FOR A QUALIFIED BUYER. THIS IS A CASH BUSINESS.

Last revision: 11/29/2010 17:24:00 PM

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