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car wash lube center self serve and detail bays

Asking Price: USD 1500000
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Business Location: U.S.A » Pennsylvania » allentown 
Category: Services » Other Business Services
Description:
Buy/ Lease/ or Invest, Spent past 5 months renovating car wash, lube, self serve and detail bays a huge 14,000 sq ft. building w/165’ tunnel w/exit hanger. Tired of dealing with the screwed up banking industry. Have 20 years in the car was industry, 7 car washes built from ground up or complete renovations signally or as an advisor. Too much to list all that’s been done here, but partial list - Replaced w/new Belanger conveyor, replaced other w/ MacNeil equipment and Sonnies Spider Wrap ($300,000 package). Great show with the 7’ tall w/9’ overhead Belanger neon lights (tunnel is so stuffed w/equipment have a set of neons left over). Wash just needs fine tuning. Lube all cleaned painted, new tile floor w/ PC’s & E-lube software, new counters, 8 tanks w/pumps and heads etc. fully stocked w/oil, air & oil filters. Self Service bay equipment everything has been gone through and either repaired or replaced. New hogs hair brushes broom handles hoses in tunne. Have ready to install bill acceptors for bays, w/plenty of spare parts. 3 changers and plenty of vendors. Needs- Exterior paint building facial panels, seal coat and re-line driveway, coin-op vacuums, uni-mac washer and possibly dryer. Will appraised $1.6M invest need a minimum $100. to $700,000. $50 - $75,000 Would allow me to finish site properly to look outside like I do inside. Site analysis conservatively $1.3-$1.5 gross annual sales. Any average operating car wash/ lube is worth $3.M in this area
 
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Financial Information:  
Annual gross sales: (USD) N/A
Yearly Revenue: (USD)
Total yearly sales revenue
1300000
Net Profit: (USD)
Total profit before taxes
900000
Furniture and fixtures value: (USD) 100000
Inventory value: (USD) 75000
Monthly Payroll: (USD) 10000
Total Debt: (USD)
Include all property loans, business loans, etc.
1000000
Cash Flow: (USD)
Net profit before taxes, owner payments, interest, and depreciation
400000
General Information:  
Business Area: between Allentown and Bethlehem on a highly traveled connecting rd., 300,000 population withing 3 mi radius
Year Established: new
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Number of Employees: 10-20
Reasons for selling:
sell/ lease or invest, do not want to but banking industry is to screwed up
Market competition and expansion:
Have full Business Plan and executive summary
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