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Los Angeles County, California
2023 Built Express Car Wash + Real Estate (Ideal for 1031 Exchange)
Asking Price
$7,000,000
Revenue
$900,000
Down
$3,000,000
Cash Flow
$396,000
Business & Property Description
The asking price for this combined business and real estate is $7,000,000. The business showcases a strong financial performance with average gross sales ranging between $800,000 - $900,000, displaying a steady upward trend. The monthly net income stands at approximately $33,000, indicative of a high-margin operation. A robust recurring revenue base is ensured by approximately 700 active members of the wash club.
The lot size stretches across 26,174 SF, providing ample space for high volume and smooth traffic flow. The building itself spans 4,420 SF and houses a 120-ft Sonny's Conveyor, Smart IQ System, and 21 high-power vacuums. The business operates efficiently with a lean team of just five employees, and the owner enjoys a semi-absentee management style.
Strategically located at a high-traffic intersection , the business benefits from excellent visibility and high daily traffic counts. Seller financing is available for highly qualified buyers, with terms of up to 20% down for a 5-year term.
Business Details
Year Established:
2023
Employees:
5
Reason for sale:
Transitioning to other business projects
Support & Training:
2 weeks
Property Information
Building Size (Total):
4,420 sqft
Investment Information
Investment Type:
Owner/User
Investment Subtype:
carwash
Net Operating Income:
$396,000
Pro-forma Cap Rate:
NaN%
Price/Sqft:
$1,583/sqft
Lease & Tenant Information
Lease Options:
$1
Posting Information
Posting ID:
2985831
Business Category:
Automotive & Vehicle
Business Types:
Car Washes, Detailers
Attributes:
Absentee Run
Owner/Seller Financing
Real Estate Included
Training And Support
Non-Disclosure Agreement
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Posting Title
2023 Built Express Car Wash + Real Estate (Ideal for 1031 Exchange)
Posting ID
#2985831
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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