Carwash for sale with two additional businesses 001104
Price: $4,500,000
Location: Denton County, Texas
Industry: Automotive & Boat/Car Washes
Listing ID: 001104
Carwash for sale with two additional businesses and real estate. With over 19-year established dry cleaners, a high-tech car wash, and a well-established frozen yogurt shop in a prime location in North Dallas, this package deal is now in the market and available for acquisition.
An immaculately maintained dry cleaning plant in a prime location is now available for acquisition. This business was established in late 2000 by the previous owner and was acquired in 2016 by the current owner. This business provides full-service dry and laundry services, wedding gown preservation, leather cleaning, alteration, and contract service. The customer base has been built throughout the 21 years of operation with regulars of middle-high class individuals and families from nearby densely populated residential neighborhoods. Gross sales of this dry cleaner have been consistent for the last several years running at around $700K-780K per year due to its prime location and strong customer base before the Covid-19 pandemic. The sales are on track to their full recovery. The optimal location for a dry cleaning center with absolutely amazing, highly maintained equipment is now available on the market.
A spectacular coin-operated carwash for sale with two automatic touchless tunnels and top-of-the-line equipment is now available for acquisition. This business was established in 2001, renovated by the previous owner in 2012, and acquired in 2016 by the current owner the business. Gross sales of this car wash have been consistent for the last several years running at around $150K per year due to its prime location and superior quality service by a hi-tech system that the business has. Its prime location and hi-tech system, pro-active marketing, and the new owner's active involvement in day-to-day operations will boost overall sales immensely.
Well-established self-serve frozen yogurt store is available for acquisition. This business was established in 2010 and was acquired by the current owner in 2016. Gross sales of this frozen yogurt shop have been consistent for the last several years running at around $350K-380K per year due to its prime location and some marketing regularly done by the current owner. This is a great opportunity to acquire a well-established yogurt shop for a potential buyer willing to be more hands-on in the day-to-day operation and marketing to reach out to untapped areas of the cities.
This is also a great business opportunity for those looking to invest in a commercial office space. This building offers 1,000 SF of retail office space upstairs, with an extra idle space downstairs that can be built out and connected to the upstairs office. Possible uses include insurance agencies, mortgage offices, staffing agencies and more. With its convenient location and high visibility from the frontage road, there will likely be many potential tenants interested in using this prime real estate - translating into at least $25K extra rental income per year! A solid growth opportunity.
This prime location carwash for sale with a dry cleaning plant, frozen yogurt business, and available office space is an opportunity investors do not want to miss out on.
Down Payment: $675,000
Total Sales: $1,107,316
Cash Flow: $478,191
Inventory: $10,000 (Included in listed price)
FFE: $450,000 (Included in listed price)
Real Estate Price: $3,000,000 (Included in listed price)
Owner Financing: No
Franchise: No
Real Estate: Yes
Relocatable/Home-based: No
Reason For Sale:
Relocation
Training & Support:
The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.
Year Established: 2000
Employees: 11FT/7PT
Absentee Owner: Yes
Square Footage: 9,166 SF
Facilities Information:
This dry cleaner occupies a 4,766 SF space of a freestanding building featuring a drive-thru conveniently located just off the highway. It is located next to a busy intersection with heavy traffic and is surrounded by s a huge number of single-family residential homes, apartments, and other small businesses.
This car wash occupies a 2,840 SF space of a freestanding building featuring four bays and two automatic touchless bays equipped with a laser line system next to a high-traffic intersection. All equipment is well-kept, and four fragrant vacuums are available around the car wash.
This yogurt shop occupies a 1,560 SF space in a freestanding building next to a busy intersection connected to a major highway.
Competition:
Few competitors are within the immediate market area. Still, top-of-the-line equipment and standard business pricing work greatly with the area's locals. Outstanding customer service and the final product quality have kept this store providing services for many years while the competitors come and go.
The competitors of the coined car wash struggle to compete with 24/7 availability, the Brushless technology system at this operation, and location accessibility.
As for the few competitors near the location of the high-end yogurt store, the competitors have opened and closed down their operations many times resulting in customers coming to this business.
Potential Growth:
Pick-up & Delivery service and acquiring more corporate accounts are strongly recommended for this dry cleaning center to achieve maximum income capacity and grow the customer base beyond the immediate market area.
Minimal marketing at the car wash currently, but proactive marketing of the car wash's line laser system will boost sales greatly.
Some marketing is in place through the corporate of this yogurt shop. Still, other proactive marketing tailored to schools, companies, and public agencies for catering businesses will help generate more revenues.
Financing/Terms:
15% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
