Posting Details

Coin Car Wash With Real Estate For Sale - Los Angeles County

Coin Car Wash including property located at Los Angeles County.

1 ) Annual Income : $268,000. (Monthly Average : $22,350)
2 ) Annual Expense : $76,200. (Monthly Average : $6,300)
1. Utility : $17,400.
2. Chemical : $7,200.
3. Payroll : $20,400. (Current owner has another job)
4. Insurance : $9,600.
5. Property Tax : $15,600. (Need to consider it after purchase)
6. Miscellaneous : 6,000.
3 ) Net Profit before debt service : $191,800.
4 ) Return on Investment : 8.6 % annually at $2,230,000.
5 ) SBA Loan possible with 30 % down payment.
6 ) Loan Payment : Little less than $110,448. annually.
7 ) Cash Flow : $81,352. annually
8 ) Return on Cash : 12.1 % after loan payment.

Monthly sales volumes have been increasing steadily and will be on the rise due to minimum wage increase. Constructing coin car wash seems very difficult, in contrast with the rapid car increasing on the street. It may give buyer some potentials in the future.

Cost approach to build up Coin Car Wash.

1 ) Land : Approximately $1,000,000. for the proper land over 18,000. Sqf. to build up coin car wash.
2 ) Constructional Cost to build up: Totally $900,000. estimated that can be allocated for equipment, $300,000., build up cost for bays, $300,000. & constructional cost for landscaping, other requirements asked by City, $300,000.
3 ) Period for completion can take 2 years approximately to construct coin car wash, and demanded conditional use permit from City, if land is C2 zone.
So the evaluation of this coin car wash, $2,240,000. can be vindicated with constructional cost analysis.
The listing # 228388 Coin Car Wash With Real Estate - Los Angeles County below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Coin Car Wash With Real Estate in Los Angeles County please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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Contact: Houmehr M Panoussi
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I AM seeking a gas station with or without property, my client has about $900,000 in cash which could be used as down payment or for cash purchase. Brand of the station does not matter. If there is potential to add car wash its a plus.
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The buyer can buy the business only for $ 1,295,000 or with the property for $ 5,000,000. Well Established and Successful Business. Easy to Run. This is definitely the one to consider.
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We have an experienced buyer who is a multi station owner over Three Million Dollars available for a cash down payment. He is looking for a profitable Gas Station with Market and/or Car wash with the property in the Los Angeles County Area preferably doing at least 80,000 gallons.
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Better than property investments in terms of creating monthly cash flow and its easy maintenance. Most efficiently renovated coin car wash with 6 bays including property to create steady monthly cash flow.
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Contact: Roy Chang
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Car wash & tube with real property for sale. High volume and profit. Busy areal. Car dealer and body shop contract. Very motivate seller.highvolume income business, contract with car dealer and body shop business, can be qualified for SBA loan with $1.5 m down payment, smog check to be builded.
Palmdale, Los Angeles County Full Serve Car Wash And C-Store For SaleFull Serve Car Wash And C-Store Business For Sale
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Phone: None Given

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This Power car wash and car care center sits is on over 1 acre of property, about 6000 sqft car wash building and 5 bay shops about 5000 sqft. This location has been in business since the early 80's.
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