Car Wash with Huge Potential

  • Massachusetts
  • Hampden County
New
Car Wash with Huge Potential

Asking Price: $ 1,250,000

Cash Flow: $50,000

Gross Revenue: $375,000

FF&E: $75000

Inventory: $

Year Started: 1994

Business Description

As you know car washes are very profitable investments that you can run hands-on or be more hands-off if you want a passive income. This great car wash with huge growth potential is now available. It has been part of the community for decades but they have made steady upgrades and they have faithful customers. With the current business model there is a manager on site, but a new owner could run things themself to save a lot of money and increase cashflow tremendously. This is not an automatic wash, it is a hand wash facility and offers both inside and outside cleaning as well as specialty services such as waxing.

In addition to the cashflow, this price includes the real estate. They have a team of workers who will want to stay on. The new owner could increase marketing, become more active on social media, and offer more specials to drive in new customers. The current owner is simply too busy with other businesses to put the time and energy into growing this business but there is huge potential for a new owner.

Detailed Information

  • Location: Massachusetts
  • Industries: Automotive & Boat
  • Building SF: 6000
  • Employees: 3
  • Age of Business: 30
  • Seller Financing: No
  • Established After Year: 1994
  • Real Estate for Sale: 950000

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