An exceptional opportunity to acquire a well-established car wash, oil lube, and auto repair facility boasting robust revenues and a prime location. This turnkey operation presents a unique chance to capitalize on a fully renovated facility with state-of-the-art equipment and significant growth potential.
- Diverse Services: This multi-faceted business offers a range of services including car washing, oil changes, auto repairs, and detailed car care, catering to a broad customer base seeking comprehensive auto care solutions.
- Impressive Revenue: The facility generates gross revenue of $1.8 million, underlining its popularity and operational efficiency.
- Recent Renovations: In 2022, the entire facility underwent a full renovation, receiving all new, modern equipment. This includes a 110 ft tunnel equipped with top-of-the-line Motor City equipment, ensuring high-quality service and customer satisfaction.
- Comprehensive Facilities:An oil lube pit with the capacity to service three cars simultaneously. Four auto repair lifts and a New York State inspection machine to accommodate a full spectrum of auto repair services. Four dedicated detail bays for specialized car detailing services.
- Management: The business is well-managed by two competent managers, allowing for a seamless transition for new ownership.
- Expansion Potential: Currently, there are no membership programs in place, and the business closes early, presenting significant opportunities for revenue growth through extended hours and loyalty programs.
- Seller Financing: Favorable seller financing is available, making this an attractive investment for buyers looking to leverage financing options.
- Lease Terms: The business has seven years remaining on its lease with an option for an additional ten years, including reasonable annual increases of 4.5%. The landlord, nearing retirement, has expressed a potential interest in selling the property in the future, providing an opportunity for long-term real estate acquisition.
This business is ideally suited for investors or operators looking to enter or expand in the automotive service industry. The recent facility upgrades and comprehensive service offerings make it a competitive player in the market, while the potential for further growth through new service features and extended hours offers a pathway for increased profitability.
With its established reputation, strategic location, and top-tier facilities, this car wash and auto service center represents a lucrative investment opportunity that promises returns and growth in a thriving industry.
Interested buyers are encouraged to consider the substantial value and future possibilities that this standout business offers.
