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3-Bay Self-Serve Car Wash For Sale

Sacramento, CA
Freeport Car Wash

Seller Financing Available

Freeport Car Wash
Asking Price:$399,000
Established Year:1980
Listing ID: 2296827Listing provided by BizBuySell
ASSET SALES DESCRIPTION

Perfect for Value-Add Investors

You might consider buying The Freeport Car Wash - 2955 Freeport Blvd. Sacramento, CA 95818.

The owners will sell the car wash and rent the land back to the buyer for $2000.00 a month.

Lease and financing terms are negotiable.

Here are the 2023 numbers:
$100,679.00 gross income
$58,346.00 operating expenses
$42,333.00 net income

Over half of their operating costs were from an employee earning $2000.00 per month and travel expenses. You may be able to reduce or eliminate both of these and greatly increase the value.

Estimate $120,000 (increased revenue) - $26,000 (decreased expenses) = $94,000 NOI.
$94,000 - $24,000 (rent) = $70,000 / year cash flow.

DETAILED INFORMATION
Location
Sacramento, CA
Facilities
3-Bay Car Wash includes the equipment, parts and tools at the location
Financing
The greater the down payment, the more attractive the financing terms will be.
Support & Training
The seller will train the buyer how to access and service the equipment, where to purchase supplies and any other operational or procedural questions the buyer may have.
Reason for Selling
Owner's are retiring and want to liberate themselves from their active operation
BUSINESS LOCATION
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Ross Budrakey
Phone Number
Ross Budrakey
Call Phone