Profile: Brand New Car Wash 25% Down No Banks To Tell You "No"!
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
John McManus, Broker
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| Primary Phone: |
661-250-1888 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
11/4/09 |
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| Date Last Revised: |
11/4/09 |
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| BizBen Ad #: |
150224 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$2,495,000 |
| Down Payment: |
$25% |
| Annual Revenue: |
Call/Email |
| Annual Adjusted Net: |
Call/Email |
| Price Range: |
Over $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Major Intersection With A Car Count Of 70,000 Per Day!
37 Year Lease With Great Terms
This Is A Brand New Car Wash (August 09) That Took Over 3 Years In Development! It Was The Sellers’ Intention From, “Day One” To Build This Income Opportunity, As A Spec. Venture. Unfortunate For Him But Fortunate For You This Economy Pushed This Developer/Owner To Construct This Venture Using Practically No Institutional Lender Resources. While The Lending Climate Now Is Improving, It Did Not Happen Soon Enough For This Developer. As A Result Of His Unforeseen Cash Outlays To Finish This Project It Has Caused Him To Delay A Couple Of His Future Development Plans Until He Sells This Business.
With 25% Down You Can Be In The Car Wash Business. You Need Nothing…everything Is Brand New. Just Bring Your Advertising, Promotional And Management Skills, Plus The Down Payment, Of Course, And Get Into This Dynamic Industry With A Turn Key Brand New Facility.
The Car Wash Biz Is A Great Business, I Know, As I Was In It Myself. Profits Can Be Astronomically High With The Biggest Expense, Being Usually, Labor And That Is Variable, Controllable And Based On Business. This Is An Industry With Practically Zero Business Failures, That’s Provided, Of Course, You Don’t Count The Properties Subject To Many Of The , “Snake Oil” Loans Many Banks Did From The Late 90’s Through 2007. Navigate Very Carefully Around These Offerings As Many Of Them, While Being Very Profitable Car Washes, Business Wise, Are Merely A “House Of Cards” Loan Contract Wise Down The Road.
As For This Wash? .It Is Situated In A Dynamic Coastal City With A Huge Marina , With Its Sunny Mediterranean Climate And Idyllic Setting, Is Home To More Than 200,000 Residents. Internationally Known, This Marina City Boasts Miles Of Scenic, Accessible Beachfront, One Of The Largest Stretches Of Uninterrupted Beachfront On The West Coast. Tourism Remains A Vital Part Of The Economy As Over 11 Million Visitors Flock To The City During The Summer, On Weekends And For Special Events. The Median Household Income In This City Is $101,000 And It Has One Of The Lowest Unemployment Rates In The Nation At 1.9%.
The Equipment Is State Of Art With Water Reclamation, Closed Circuit TV And Small Boutique Gift Shop.
This Is An Anxious Seller That Has Other Interests, Make Him An Offer
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
John McManus, Broker at 661-250-1888 |
Business For Sale Photos
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