Renovated Automatic Car Wash With Oil Lube (#22673)

Brooklyn, NY

Seller Financing Available

Car Wash
Asking Price:$1,700,000
Gross Revenue:$1,700,000
Established Year:1980
Cash Flow:$400,000
Rent:$24,000/Month
BUSINESS DESCRIPTION

Newly Renovated Automatic Car Wash With Oil Lube On Major Road

This newly renovated automatic car wash with oil lube is a full-service automotive center located on a major road in Brooklyn, Kings County, NY. Equipped with brand-new McNeil equipment installed in 2021 at a cost of over $700,000, the business offers a range of services including oil changes, auto repair, brake services, and details...

Newly Renovated: $700K in state-of-the-art McNeil equipment installed in 2021
High Revenue: Grossing $1.7M annually with strong cash flow
Diverse Services: Car wash, oil lube, auto repair, brake services, and bodywork
Growing Membership: Over 800 monthly members with $51 average
Prime Location: Major road in Brooklyn with high visibility
Long-Term Lease: 16 years remaining with the option to extend
Owner Financing Available: Proof of funds required
Business Benefits

Currently grossing $1.7 million with a strong cash flow, this business has significant revenue streams. The recently implemented monthly membership program has attracted over 800 members in just two months, each averaging $51. This not only provides steady recurring income but also indicates a loyal and growing customer base.

Facilities and Equipment

The facility boasts two bays with access to four cars and a lift, an inspection machine, and a small detailing area. The modern equipment and comprehensive setup allow for efficient operations and the potential to expand services further.


DETAILED INFORMATION
Location
Brooklyn, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
20,000
Lease Expiration
01/01/2040
Employees
12
Financing
$500,000
Support & Training
Yes
Reason for Selling
Sellers live to far away..
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Ziggy
Marszalek
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Ziggy Marszalek