Business for Sale
Car Wash 7 Bays plus 1 Automatic Bay near Cincinna
Businesses for Sale in Ohio, Automotive Services for sale
Business Id : BSM345
Location : Ohio > Butler > West Chester
Category : Automotive Services >
Website Link : N/A
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| Summary : |
| For sale is a car wash with six self service car bays, one high ceiling truck bay; one automatic bay; one detailing bay; and a mechanical room (heated bay floors). A total of 4394 square feet comprise the structure, on a lot size of approximately 1.5 acres zoned retail. The car wash was purchased in 2007 by the current owner for $700,000 (appraised for $720,000). He immediately spent $300,000 on new equipment for the automatic bay along with improvements in the self service bays. Located on a busy highway with a traffic count of 15,000 cars a day. The property generates $20,000 per year from renting a portion of the property not used by the car wash. The owner has a full-time job and does almost no maintenance himself. With the economy sinking soon after his purchase and little time to promote this business and attract customers, the owner recognizes that this has been a poor investment. With the amount of traffic passing by each day and significant housing surrounding it, this business should be producing more revenues than it does. Regardless, the owner is willing to take a substantial loss to accomplish the sale as quickly as possible. Accordingly, although he has $1,000,000 invested, the business and property are for sale at $595,000. |
| Business Competition : |
| Normal |
| Business Expansion : |
| Detailing |
| Reasons for Selling : |
| Financial |
Uploaded Documents:
Available upon Request.
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