Express Tunnel Car Wash

Location: United States -> Indiana -> Indianapolis
Industry: Auto Related > Car Wash

Businesses for sale Summary

This express tunnel car wash was built in 1997. It is situated adjacent to a Valvoline lube shop in a high-growth retail area of Eastern Indianapolis, directly across from a 4 year old Super Wal Mart store. Frontage is on US Highway 36 (Pendleton Pike), which has recently been widened from two to five lanes. Average daily traffic count was 23,720 in 2003. It has grown since then. Over $1.5 million invested. Will sell for $650,000. Contact Kendall Smith at 765-497-4887 for more information on this Car Wash business for sale.

Financials

Asking Price Range:  $500K – $1.0M
Gross Revenues:   $274,000
Cash Flow:   $99,000
Cash Flow Type:  EBITDA
Inventory:  $190,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1997
Number of Employees:  4 – 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  We will provide as necessary.
Reason For Selling:  Partner disagreement.