Two Profitable Car Wash Locations - Tyler, TX

Listing ID:
TYLERTX001123

Tyler, Texas, United States

Car Washes

Listing Status: Active

The following broker is assigned to this listing:

Lester Godwin

leg@sunbeltnetwork.com
Cell: (903) 896-2520

Description

Two very profitable, long-established, very clean coin-operated car wash locations in Tyler, equipped with recently updated, state of the art wash /filtering systems, automatic controls and high security amenities. These businesses are in high visibility locations attracting repeat, neighborhood clientel. This is a turnkey situation, with no improvements required. Owner/operator can enjoy solid cash flow after debt service with maximum two hours per day maintenance. Experienced service people in place if a buyer wishes to utilize them instead of servicing the locations himself. Seller wishes to free capital for another business venture. Potential, long-term financing for a qualified buyer at same local bank utilized by seller. This is a nice opportunity offering a good return! Lester Godwin 903-896-2520.

Financials

Asking Price:$695,000
Revenue:$124,000
Cash Flow:$76,000
Downpayment: ON REQUEST
Monthly Payroll: N/A
FF&E Asking Price:N/A (Included in Asking Price)
Inventory Asking Price: N/A (Included in Asking Price)
Financing Available?No

Property

Asking Price:$775,000 (Included in Asking Price)
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1990
Year Acquired:2006
Full-Time Employees:0
Part-Time Employees:1
Reason For Sale:Seller wants to free capital for another business venture.