Car Washes For Sale

Brooklyn, NY

Overview: This is a lucrative opportunity to acquire a well-established car wash, lube, and convenience store located in a bustling area of Brooklyn. This business has been serving the community for years and boasts a strong customer base. With a solid revenue stream and a favorable long-term lease, this is an excellent investment opportunity for an experienced operator or a first-time buyer. Key Highlights: High Revenue: The business generates nearly $2.15 million in gross annual revenue (1.3 wash. 780k Lube, 78k convenience), showcasing its strong market presence and profitability. Multiple Income Streams: The operation includes a full-service car wash, lube center, and a convenience store, providing diversified revenue sources and attracting a wide range of customers. Prime Brooklyn Location: Situated in a high-traffic area, the business benefits from steady foot and vehicle traffic, ensuring a consistent flow of customers. Long-Term Lease: The sale includes a 20-year favorable lease, providing long-term security and stability. The lease is transferable, making it easy for the new owner to take over. Turnkey Operation: This is a fully operational business with all equipment, inventory, and processes in place. The current owner is willing to provide training and support during the transition period. Growth Potential: There is significant opportunity for growth by expanding services, increasing marketing efforts, or extending operating hours. Financials: Asking Price: $2.2 million (without the property). Lease Terms: 20-year favorable lease, transferable to the new owner. Ideal Buyer: This opportunity is ideal for an entrepreneur looking to acquire a successful, turnkey business with a strong revenue stream. It’s also a great fit for someone in the automotive or retail industries looking to expand their portfolio with a profitable and well-established business.