$300k Net, Absentee Full-Service Car Wash With Long Term Lease - Business for Sale
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Full-Service Car Wash with Long-Term Lease in Queens, NY
NY, US
Added 5 months ago
Automotive & Boat, Transportation
RemoteAbsentee / Semi-AbsenteeRetiring Owner
Full-service car wash in Queens, NY operating since 2008 with both daytime and evening wash programs and semi-absentee ownership.
Key Information
Asking
$1.7M
Revenue
$1.4M
Earnings
$300K
Multiple
5.7x
Key Highlights
- Established in 2008; current owner since 2014
- 17 employees
- Approximately 52,892 vehicles serviced annually
- 18 years remaining on lease with 2% annual increases
- 2,290 sq ft building with 60 ft tunnel
- Modernized conveyor system, central vacuum, and Econocraft wash equipment
- Seller financing available with minimum 60% down payment
- Semi-absentee ownership with on-site management team
Contact Info
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