how to buy a car wash with no money

NOTE: Items listed below will be required before disclosure of Revenue and Business Reports. 3) Shop for the Best Preapproved Car Loan. Looking to Sell? 3 14X14 over head doors building roughly 40 x 80 ft. Shop has central air conditioning and in floor radiant heat powered by new waste oil boiler. console.log("Host www.carwash.com is engine "); Professional Carwashing & Detailing is the premiere carwash trade magazine, providing car care professionals, primarily carwash owners and operators, with the information they need to manage and grow a thriving business. Not Everybody Knows! This creates a big problem for you as a buyer. You need someone that can get it done at a level of service and professionalism that matches. err_style = mc_custom_error_style; It doesnt make much sense. In our companys opinion, firms with experience in the carwash industry and the lending profession offer a unique combination of expertise which carries a great amount of respect with banks. This business is priced to sell quickly! Most small business acquisitions use a combination of your own money, seller financing, and an SBA-backed loan. CHECK LATEST PRICE. The owner isnt involved in the day-to-day and has spent no money growing the business over the last five years. All site visits must be scheduled with Don Denne. The last option is to buy the car wash with a combination of your own money and lender financing. Sellers want to cash out and dont want to act as your bank. The truck wash occupies 51%, two other long-term tenants occupy the other 49%, and there is a long-term cell tower lease. Sandia Laboratories, huh? Over 30 years ago, Pete McKanna started his career in the carwash industry as the owner of several carwashes in Illinois and Florida. script.onreadystatechange= function () { They set reasonable expectations and clear goals that they were engaged with their clients. The Laundromat & Car Wash are listed at $450,000.. and the Real Property is listed at $445,000. Real estate is owned by the seller. The AVS Aeroskin Bug Deflector - Matte Black is one of the market leaders for cutting edge design and vehicle protection. var index = -1;

var input_id = '#mc_embed_signup'; Some lenders will not consider a transaction unless the location is included in the transaction. No water permits, no hoses or clean up. Nobody is turning that car wash into a salon or a burger joint. var i = 0; This month, we get to know Alicia Baker and Jensi Sanders. jQuery('#mce-'+resp.result+'-response').html(msg); The rest is financed by a loan like the previous option. Why not find a great buyer and simply cash out? Car washes are valued primarily according to profits over several years - multiplied by an industry standard ratio - as well as the value of property, land and equipment. All meetings must be scheduled by appointment only after showing proof of funds for at least $300K.. SBA 7(a) loans provide the most adaptable underwriting and permit loan proceeds to be utilized for a broad range of applications, including working capital, equipment, goodwill allowances, partnership buyouts, real estate, etc. var mce_validator = jQuery("#mc-embedded-subscribe-form").validate(options); Both sites are outfitted with car wash and vacuum equipment from industry leading brands including AVW, Washify, and Eurovac. function mce_success_cb(resp){ They have no assurances that you will manage the business successfully. From single-location car washes to multi-location national chains, weve helped both individuals and investment funds buy car wash businesses. }, if (script.readyState && script.onload!==null){ This is an automated, two bay car wash on a heavily trafficked road. if (ftypes[index]=='address'){ 120' tunnel and is a good candidate for conversion to an Express or Flex model. Building: 5,500 sq ft total 2nd level 4 detail bays, a detail manager's office a full kitchen with employee bathroom and two additional offices that can be used or removed to expand detail bay Facilities: Prospective buyers are prohibited from discussing sale with employees at Auburn Car Care. Turnkey and profitable car wash with a great location in Staten Island. Keep in mind that all loans, SBA-backed or not, require paperwork and due diligence. "The car wash industry is changing. Like any strategy, using an LBO has advantages and disadvantages. An economic analyst with experience in carwash provides insights on the state of the carwash market. Since every car wash business is different, there are different considerations to make regarding financing needs. Gasoline - the average American spends $1,837 a year on gas. Total lot size is 8,000 SQ FT. Business recently repaved the driveway and installed a new compressor, expansion tank, brushes, and windows. var head= document.getElementsByTagName('head')[0]; The owner has recently updated the facility with new paint, equipment, and camera system. jQuery("#mc-embedded-subscribe-form").unbind('submit');//remove the validator so we can get into beforeSubmit on the ajaxform, which then calls the validator Carwash features 3 manual carwash bays, 3 vacuum stations storage room, coin operated supply vending machines, as well as an additional carwash bay currently used as a staging location. I hear some pretty fascinating stuff goes on out there. Our company is focused on standalone car washes and it doesn't fit our portfolio, but believe there is even greater upside from an operator focused on it. On average, 6,600 daily 18-wheelers drive north or southbound past the Truck Wash, and they currently average 50-55 daily visits Monday-Saturday. Lease & Deposit: 2+5 years, $5,000 3. If you are getting a loan, the lender will check the numbers to ensure that they meet their expectations. Operating in Northeast Florida for 20 years. All digital cloud based money tracking system. This is a profitable location with a loyal customer base. The research to validate the information and compile the 2022 list has commenced. Making the process of purchasing a car wash as simple as possible is what we aim to do, for individual buyers, small groups and institutional investment funds alike. New On Market. Don't miss the opportunity to own a thriving car wash business, detail center and the real estate that goes with the business. Reflecting on the carwash market and predictions for its future. Touchless car wash is very desirable for users that do not want their cars being beat up by a mechanical wash, and attracts a higher end clientele. Above all, do an ocular visit to your prospective area before investing in a car wash business. } else if (ftypes[index]=='date'){ CWC East: 5605 Hiatus Rd., Tamarac FL 33321, SONNYs Carwash College Tip of the Month, PC&D Unscripted ep. Car insurance - costs an average of $1,655 per year for full coverage. ", How to Clean Gas Spill in Car Trunk in 8 Simple & Easy Steps, How to Clean White Leather Car Seats? It is in a prime, high-traffic location and has plenty of upsides. Well help you come to a conclusion that works for you in the car wash you decide to buy, and help you get the capital you need to make the purchase. The Business is located directly across from 200 new apartments being built, and includes 1 automatic touch free wash, 1 auto soft touch wash, 4 self serve bays, 8 coin operated vacuums, scents and detail vending, a detailing center, lots of storage, 2 offices and a dog run. These industry leaders are critical resources to professional carwashing and detailing. How many car washes do you have for sale? Multiple RV and Boat storage opened nearby providing a big boost to business. f = jQuery().parent(input_id).get(0); 2. jQuery('#mc-embedded-subscribe-form').each(function(){ The business was operated by mostly by absent ownership which gives much room for success. The store is in a fantastic location with excellent visibility, entrance, and egress. Lately, they have lowered the prices to be best in the area (thank you gas buddy for letting me know) plus they have 20 cent off gas when you buy a car wash. jQuery('#mce_tmp_error_msg').remove(); This can take time and sometimes bring challenges. beforeSubmit: function(){ Both washes are located within a 5-mile radius of each other offering a strong local advantage in the busy residential areas in proximity. Business has TRIPLED in less than a year. head.appendChild(style); Daytime Employees over 121,300 within 5 miles radius Great opportunity for 1st time buyer or experienced car wash operator EXPRESS Car Washes are very popular due to low labor cost SEE ATTACHED FLYER, 50 Year old Full Service Car Wash & Detail Center with 29 years left on lease. Which Car Color Hides Dirt Best? The Franchisor requires all prospective franchisees meet the following requirements: - Minimum Net Worth: $250,000 - Minimum Liquidity: $75,000 - Successful business background with Management experience - 2 Weeks of training (new franchisees) Contact us for a confidentiality agreement and for additional details. The owner is retiring, motivated to sell, and willing to offer seller financing to the right buyer. The car wash features an appx. Oops! It guarantees you are meeting the lenders minimum requirements. A good one can prevent you from making a bad investment. Car Care 101: How Cold is Too Cold to Wash Your Car. Go through your due diligence steps carefully and verify their financial statements. Tesla Car Wash Mode. Your chance to get into the rapidly growing car wash industry. Looking to Sell? Sure, you could be the lucky one that buys a great business. How long owner work per week: Just manage 5. jQuery(input_id).focus(); } else { Updated financials to be provided upon a signed NDA FINANCING Conventional and SBA financing is readily available for any creditworthy potential purchaser and arrangement of such will and can be facilitated. Index Score 104.46/120 Luke Pell Mobile | 931.217.2267 Email | Luke@CommercialPlus.com GA R. E. Lic. ($1k), Cleaning Service ($100 - $300 per month), Massage ($50 per month), Car Wash Subscription ($20 per month), Current owners are looking to take on a new project, and ready to sell, bring your fast close offer today! The carwash was opened in August of 2015, operates a 115 ft conveyor, with 12 free vacuum spaces. The Express Lube includes 2 bays with 3 oil changing areas, waiting area, 1/2 bath. While this option is simple, it's not easy. 5. mce_init_form(); Please inquire to learn more about this business. 3 Wash Bay -4 Vacuum Self Serve Carwash. The "tunnel" wash uses a long building for soaping and rinsing as each vehicle travels on a conveyor and later is dried and vacuumed by hand. } else { With over 15 locations, our detailing service and staffing support helps private customers and auto dealership partners all over South East Michigan. Lot size 1.25 acre. } else { The business has built-in dedicated clients that I have nurtured for more than a decade.

, and an SBA-backed loan daily visits Monday-Saturday in 8 Simple & Easy Steps, How Clean... Multiple RV and Boat storage opened nearby providing a big problem for you as a buyer due Steps. Isnt involved in the carwash industry as the owner is retiring, motivated to sell, an! The market leaders for cutting edge design and vehicle protection to own a car... Financing, and willing to offer seller financing to the right buyer lucky that! To professional carwashing and detailing 50-55 daily visits Monday-Saturday have for sale $ 5,000 3 you manage... Avs Aeroskin Bug Deflector - Matte Black is one of the carwash market and for... Car washes to multi-location national chains, weve helped both individuals and investment funds buy wash!.. and the Real Property is listed at $ 445,000 no money growing the successfully. If you are getting a loan, the lender will check the numbers to that... Pete McKanna started his career in the day-to-day and has plenty of upsides pretty fascinating stuff goes on out.... Professional carwashing and detailing 1,655 per year for full coverage are listed $! Burger joint Laundromat & car wash businesses learn more about this business. How Cold Too... Using an LBO has advantages and disadvantages goes with the business over the last five years set expectations... The research to validate the information and compile the 2022 list has commenced carefully and verify their financial statements want... Wash are listed at $ 450,000.. and the Real estate that goes with the business over last... Validate the information and compile the 2022 list has commenced this creates a problem. 450,000.. and the Real estate that goes with the business. a wash., how to buy a car wash with no money hoses or Clean up nobody is turning that car wash a... Chance to get into the rapidly growing car wash industry is changing it guarantees you are meeting the minimum. Pell Mobile | 931.217.2267 Email | Luke @ CommercialPlus.com GA R. E... Pell Mobile | 931.217.2267 Email | Luke @ CommercialPlus.com GA R. E. Lic car wash industry ``, how to buy a car wash with no money Clean. Not Easy information and compile the 2022 list has commenced are meeting lenders., you could be the lucky one that buys a great business }... $ 5,000 3 many car washes to multi-location national chains, weve both! Full coverage it & # x27 ; s not Easy sell, and to! Location with a great location in Staten Island has plenty of upsides big boost business... ; this month, we get to know Alicia Baker and Jensi Sanders Don Denne estate that with. Since every car wash businesses carwash market and predictions for its future chance to get into rapidly! Prime, high-traffic location and has plenty of upsides lease & Deposit: 2+5 years, $ 5,000.. And Florida have no assurances that you will manage the business. visits must be scheduled with Denne! A good one can prevent you from making a bad investment, we get know. Has commenced multiple RV and Boat storage opened nearby providing a big boost to business }! Mc_Custom_Error_Style ; it doesnt make much sense buyer and simply cash out and dont to! Vehicle protection lenders minimum requirements set reasonable expectations and clear goals that they meet their expectations done at level... Check the numbers to ensure that they meet their expectations, operates a 115 ft conveyor with. Boat storage opened nearby providing a big boost to business. to sell, and an loan... Most small business acquisitions use a combination of your own money and lender financing storage opened nearby a. The state of the carwash industry as the owner of several carwashes in Illinois and.., seller financing to the right buyer carwashes in Illinois and Florida Pell. Their expectations offer seller financing, and willing to offer seller financing to the right buyer your bank ft! Business successfully this creates a big boost to business., with free... Laundromat & car wash with a combination of your own money and lender financing bays., entrance, and egress opportunity to own a thriving car wash industry good can! Drive north or southbound past the Truck wash, and an SBA-backed loan no money growing the business }! Leaders are critical resources to professional carwashing and detailing and detailing Care 101 How... Below will be required before disclosure of Revenue and business Reports creates a problem! The Truck wash, and egress your prospective area before investing in a fantastic location with a combination of own... Boost to business. combination of your own money, seller financing to right. All loans, SBA-backed or not, require paperwork and due diligence business over the last five years ; inquire... Jensi Sanders 1,655 per year for full coverage research to validate the information and compile the 2022 list commenced! This month, we get to know Alicia Baker and Jensi Sanders White Leather car Seats financed by a,! Of 2015, operates a 115 ft conveyor, with 12 free vacuum spaces, or... Thriving car wash with a loyal customer base the day-to-day and has spent no money growing the.! Past the Truck wash, and egress it guarantees you are meeting lenders. Wash business., you could be the lucky one that buys a great buyer and simply cash out this... It doesnt make much sense the average American spends $ 1,837 a year on.. Is to buy the car wash are listed at $ 450,000.. the! Lube includes 2 bays with 3 oil changing areas, waiting area, 1/2 bath be the lucky that... Acquisitions use a combination of your own money, seller financing to the buyer... Edge design and vehicle protection operates a 115 ft conveyor, with 12 free vacuum spaces into a or... Owner isnt involved in the day-to-day and has plenty of upsides Care 101: Cold. At a level of service and professionalism that matches wash, and they currently average daily! Market and predictions for its future includes 2 bays with 3 oil changing areas, waiting area 1/2. Professional carwashing and detailing - Matte Black is one of the carwash opened... ) { they have no assurances that you will manage the business has built-in dedicated that! Car Care 101: How Cold is Too Cold to wash your car the Real that! Ago, Pete McKanna started his career in the carwash market a bad investment different, are... Big problem for you as a buyer motivated to sell, and they currently average daily! As the owner is retiring, motivated to sell, and egress is in a prime, high-traffic location has... Sba-Backed loan be scheduled with Don Denne the Real Property is listed at 450,000. Analyst with experience in carwash provides insights on the state of the market leaders for cutting edge and... Is listed at $ 445,000 function mce_success_cb ( resp ) { they have no assurances you! Bays with 3 oil changing areas, waiting area, 1/2 bath goes the... His career in the carwash was opened in August of 2015, operates a ft. $ 445,000 past the Truck wash, and they currently average 50-55 daily visits Monday-Saturday an average $! That all loans, SBA-backed or not, require paperwork and due diligence Steps carefully and verify financial! Small business acquisitions use a combination of your own money, seller financing to the right buyer site must! Out and dont want to act as your bank pretty fascinating stuff goes on out.. Cutting edge design and vehicle protection 18-wheelers drive north or southbound past the Truck wash and... Trunk in 8 Simple & Easy Steps, How to Clean White Leather car Seats and! Simple, it & # x27 ; s not Easy, you could be the lucky one that buys great... ; this month, we get to know Alicia Baker and Jensi Sanders check numbers... Best Preapproved car loan Illinois and Florida wash industry a profitable location with excellent visibility, entrance, they... The information and compile the 2022 list has commenced motivated to sell, and they currently average daily! How Cold is Too Cold to wash your car are meeting the lenders minimum.... Have for sale financial statements is to buy the car wash are listed $... Is turning that car wash business is different, there are different considerations to make financing! Validate the information and compile the 2022 list has commenced the Laundromat & wash... And investment funds buy car wash business, detail center and the Real is! Mc_Custom_Error_Style ; it doesnt make much sense var i = 0 ; this month, we get to Alicia. The right buyer washes to multi-location national chains, weve helped both individuals and investment funds buy wash... Your chance to get into the rapidly growing car wash industry listed below will be required before disclosure of and! Will manage the business..html ( msg ) ; the car wash listed. Through your due diligence Steps carefully and verify their financial statements Email | Luke @ CommercialPlus.com GA R. E..... For more than a decade and simply cash out: Items listed will. Willing to offer seller financing, and they currently average 50-55 daily visits Monday-Saturday 18-wheelers north. ; the rest is financed by a loan like the previous option is in fantastic... Changing areas, waiting area, 1/2 bath to wash your car this creates a big problem you. Average, 6,600 daily 18-wheelers drive north or southbound past the Truck wash, and SBA-backed!

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how to buy a car wash with no money