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Renovated Automatic Car Wash With Oil Lube (#22673)

This newly renovated automatic car wash with oil lube is a full-service automotive center located on a major road in Brooklyn, Kings County, NY. Equipped with brand-new McNeil equipment installed in 2021 at a cost of over $700,000, the business offers a range of services including oil changes, auto repair, brake services, and details...
Newly Renovated: $700K in state-of-the-art McNeil equipment installed in 2021
High Revenue: Grossing $1.8M annually with strong cash flow
Diverse Services: Car wash, oil lube, auto repair, brake services, and bodywork
Growing Membership: Over 1000 monthly members with $51 average
Prime Location: Major road in Brooklyn with high visibility
Long-Term Lease: 16 years remaining with the option to extend
Owner Financing Available: Proof of funds required
Business Benefits
Currently grossing $1.7 million with a strong cash flow, this business has significant revenue streams. The recently implemented monthly membership program has attracted over 800 members in just two months, each averaging $51. This not only provides steady recurring income but also indicates a loyal and growing customer base.
Facilities and Equipment
The facility boasts two bays with access to four cars and a lift, an inspection machine, and a small detailing area. The modern equipment and comprehensive setup allow for efficient operations and the potential to expand services further.
Listed By: Omar Kettani
Newly Renovated: $700K in state-of-the-art McNeil equipment installed in 2021
High Revenue: Grossing $1.8M annually with strong cash flow
Diverse Services: Car wash, oil lube, auto repair, brake services, and bodywork
Growing Membership: Over 1000 monthly members with $51 average
Prime Location: Major road in Brooklyn with high visibility
Long-Term Lease: 16 years remaining with the option to extend
Owner Financing Available: Proof of funds required
Business Benefits
Currently grossing $1.7 million with a strong cash flow, this business has significant revenue streams. The recently implemented monthly membership program has attracted over 800 members in just two months, each averaging $51. This not only provides steady recurring income but also indicates a loyal and growing customer base.
Facilities and Equipment
The facility boasts two bays with access to four cars and a lift, an inspection machine, and a small detailing area. The modern equipment and comprehensive setup allow for efficient operations and the potential to expand services further.
Ad#:2302664
Listed By: Omar Kettani
Background information
Reference:
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Year established:
1980
Reason selling:
Sellers live to far away..
Finance
Sales:
$1,700,000
EBITDA:
$450,000
Operations
Employees:
12
Equipment:
N/A
Premises
Rent and lease terms:
$24,000 per Month
Location:
Brooklyn, NY
Price and terms
Price:
$1,800,000
Financing:
$300,000
Training:
Yes