Self Serve Coin Car Wash

File# C2423
Location: Genesee County
Business Price: $25,000
Down Payment: Cash
Monthly Payment:NA
Interest Rate: 7%
Amortization Period:NA
Gross Sales: $21,957
Source: 2017 Tax Return
Cash Flow: TBD
Source: Seller
Inventory: TBD
Days Open: 7 days
Business Hours: 24 Hours
Seats: NA
Parking: NA
Licences Required:NA
Year Established:1987
Year Acquired: 2012
Building Price:$225,000
Building Terms:$50,000 down on a land contract

Profile:

This is a well located 6 bay; self-serve coin car car wash. It was established in 1987. The purchase price includes the business, building and equipment. Because the seller lives about an hour away from the wash, he has closed it during the winter. A new owner should open during winter. A new owner could also increase business if he/she spent some time to market the wash properly. A buyer that has experience operating Convenience stores or gas stations could purchase an adjacent parcel of land that is currently available for sale on the corner of Genesee and Coldwater and combine it with with the wash. A grocery store could be built at the proposed combined location now. The zoning would have to be changed to build a gas station. The wash is being sold as is. The parking lot and roof need repair. The owner would discount the price for a cash deal.

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This information has been supplied to Broker, Capital 1 Commercial Group, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.