Established Car Wash for Sale in New Jersey

LISTING ID # 36350

A 20-year old car wash with brand new equipment is located in a densely populated suburb in Warren County, NJ. Rent is $6,000 a month with an 18 years lease. The seller renovated the car wash by spending over a million dollars last year, giving the car wash a unique and up-to-date look. Both full service and self-service are robust and steady; with new equipment, the business has experienced huge growth. The seller is overwhelmed with many other business projects, so the seller is offering generous seller financing. The seller is willing to finance if a buyer pays one million as a down payment. Low rent, a long lease, and generous seller financing provide a great opportunity to buy this well-located car wash. After paying all the expenses, the seller's net cashflow is $300,000 a year. For more information please contact the listing broker. All meetings must be scheduled by appointment only!