Absentee-Run Car Wash With 700+ Member Club And Seller Financing For Sale - Business for Sale
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Absentee-Run Car Wash and Convenience Store in Fairfield County, CT
CT, US
Added today
Automotive & Boat - Car Wash and Convenience Store
Absentee / Semi-Absentee
Established absentee-run full-service car wash, detail center, and convenience store located on a one-acre ground-leased site in Fairfield County, CT.
Key Information
Asking
$2.8M
Revenue
$1.1M
Earnings
$400K
Multiple
7.0x
Key Highlights
- Annual net income: approximately $400,000
- 18 employees, including a manager and assistant manager; absentee ownership
- Recent capital investments: new conveyor, upgraded brushes, upgraded chemical injection system
- Ground lease runs through 2054 with extensions and 3% annual escalations
- Site uses city water/sewer with a reclaim system on a 1-acre property
- 50% seller financing available
Contact Info
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