Review

Car Wash (Hand Wash Only)
Auto Related - Gas Stations, Auto Repair, Car Washes
In or near Los Angeles

Status: Available
Price: $1399000
Sq Ft: Sq Ft.

LBA Listing # 6278
 

  




  




  




  




  




  




 
Car Wash (Hand Wash Only)
Auto Related - Gas Stations, Auto Repair, Car Washes


Los Angeles LBA Listing # 6278
Full-Service Car Wash located at a Great Corner with Potential to convert to Express Car Wash!!
Seller claims his Average Gross Sales $90,000 per month. He also claims his Nets about $21,000 per month after all expenses not including new Mortgage payment. 3,000 plus cars per month average ticket of $32.00/ per car. There are 19 Full Time & Part Time employees, two managers and 1 ticket writer on salary and 10% commission, total payroll about $19,000 biweekly including $1,000 owner salary on payroll. Owner is Part time operator. Car Wash has some fleet accounts like car dealership for Detailing cars. Restaurant space available on the property as part of the lease with operating equipment which could be rented out or operated by new mew owner. This location has a great layout to convert to express car wash. Rent is $7,100/m Plus about $600 property tax .  Lease expires January 2038, 3% increase every 24 months. @
Status: Available
Price: $1399000
Sq Ft: Sq Ft.  


Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased: 2006
Business Type: Car Wash
License(s) Required: Business
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  Possible
Office Listing Number: 6278
Date Available: 11/9/2019
Reason For Sale:
Annual Total Revenue: $1,080,000
Annual Net Income: $252,000
Inventory:
Monthly Payroll: 38,000/m
Lease Information
Base Rent: 7,100/m
Lease Expires: 2038
Lease Option:
NNN:
 
Financing Information
Down Payment: $1,399,000
Owner Will Carry:
Other Finance Terms:
Gas Station Information
Gas Volume:
Diesel Volume:
Mart Sales:
Garage Sales:
Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer. This information is shared by all Brokers/Agents at Liberty Business Advisors of San Francisco, Inc.