Business Broker New York Lisiten Associates

Sunday, May 20, 2012

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Listing Details - CARWASH - STATE OF THE ART CARWASH WITH LAND AND BUILDINGS

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CARWASH - STATE OF THE ART CARWASH WITH LAND AND BUILDINGS
(Automotive, Car Washes; Automotive, Auto Detailing)

HIGH INCOME NEW JERSEY TOWN - New Jersey

Seller Financing:	Yes
Lender Pre-Qualified:
Listing ID:	CH1110901
Status:	Active

Listing Details

Listed Price:	$7,750,000
Down Payment:	$5,000,000
Total Sales:	$2,500,000
SDE:	$1,700,000
EBIT:
EBITDA:
FFE:	$400,000	Included? Yes
Real Estate:	$2,750,000	Included? Yes
Inventory:	$60,000	Included? Yes
A/R:		Included? No

Contact Information

Mel Lisiten

Office:

Cell:

Fax:

Email: mel1real@aol.com

Send Email To Agent

Reason for Sale:	RETIREMENT
Training:	SELLER WILL COMPLETELY TRAIN. MANAGER AND ALL STAFF WILL STAY.
Financing Terms:	Seller will finance Land portion or give a long lease

Operations

Year Established:	2002
Last Acquired:
Form of Ownership:	S-CORP
Home Based:	No
Relocatable:	No
Type of Location:	Stand-alone
Absentee Owner:	Yes
Online:
Employees:	Full Time: 10 / Part Time:
Managers:	1
Hours:	7AM- 10PM 7 DAYS
Owner Hours:	5
Non-Owner Payroll:
Franchise Info:

Location

Lease Expire:
Option:	THE PROPERTY IS INCLUDED IN THE SALE
Lease Terms:	NEW LEASE AVAILABLE
Lease Security:
Monthly Rent:
Square Footage:
Facilities:	A LARGE MAIN STREET LOT WITH BEAUTIFUL STATE-OF -THE - ART BUILDING AND FACILITIES. COMMONLY KNOWN AS THE BEST IN NEW JERSEY. Top of the line equipment . *** inventory at location consists of approximately $ 12,000. of Saleable merchandise and $15,000. of extra REPLACEMENT equipment parts.

Summary

Business Description:	THE BEST AUTOMATIC CAR WASH IN NEW JERSEY. located in custom built State-of -the - Art Building with all top of the line equipment. ONCE YOU GET YOUR CAR WASHED HERE-YOU'LL NEVER GO ANYWHERE ELSE ! The present owner runs them absentee.......IT IS POSSIBLE TO PURCHASE EITHER ONE OR BOTH OF THESE CARWASHES, WITH OR WITHOUT THE LAND AND BUILDINGS.
Historical Summary:	From the start , this wash has taken top honors by customers everywhere in New Jersey, many if whom travel long distances to get their cars washed only at this establishment.
Owner Qualifications:	Simple Business Knowledge will do.
Competition:	NONE ! in the Town in which it is located.
Potential Growth:	Serious Growth possible with advertising.