Express Car Wash and Oil Change Business
Off-MarketQueens, NY
Express Car Wash And Oil Change
Request an Introduction
Sign in to request an introduction to the seller and unlock full deal details.
$1,700,000
$500,000
29.4%
2017
30+ Days
Customers
Car owners.
Customer Acquisition
Advertising on Google, Facebook, and other digital platforms
Team
Employs 10 to 12 full-time and part-time staff.
Owner's Role
One of the owners manages daily operations full-time, and the other currently works part-time on paperwork and administrative tasks.
Reason for Selling
Owners looking to retire.
Contracts
Yes, it has about 1,700 active monthly subscription members paying $30-$70/month. Monthly subscriptions can be canceled at any time. Subscription prices vary by frequency of visits and wash tier, with additional visits at half-price after the included limit.
Real Estate
Owns the land and real estate on which the business operates and serves as the landlord. He prefers not to sell the real estate.
When Are You Looking to Sell
12-24 months
Licenses Required
New York City requires car wash licensing, and buyers cannot have criminal records or labor violations.
Additional Notes
The car wash handles between 500 and 1,000 cars per day. The owner is asking for approximately 2x gross revenue or 6x profit, with a minimum down payment of $2 million, and a preference for all-cash offers.
Business ID: 1475
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence