Self Serve Car Wash for Sale with Real Estate 001462
Price: $1,600,000
Location: Denton County, Texas
Industry: Automotive & Boat/Car Washes
Listing ID: 001462
Self serve car wash for sale! A car wash business with prime real estate in Northwest Dallas is now available for acquisition. Established in 2001, renovated in 2012, and acquired by the current owner in 2016, this semi-absentee-operated, coin-operated car wash offers a unique opportunity for qualified buyers. The business is equipped with advanced technology, including automatic touchless tunnels that use brushless systems, which help prevent vehicle damage and contribute to a strong and growing customer base.
Located in a high-traffic area with excellent visibility, the facility is surrounded by a mix of apartment complexes and businesses, providing consistent foot traffic. The 2,840 square-foot facility sits on 20,909 square feet of land and features four self-serve bays, two automatic touchless bays, and vacuum stations for customer use. The business caters to a diverse mix of customers from the surrounding neighborhoods, with many car owners prioritizing the protection of their vehicles' paintwork.
While there are a few competitors in the area, most offer full-service washes, creating a distinct customer base for this self-serve operation. The business stands out with its vehicle-friendly technology and 24/7 availability, offering a significant advantage over competitors with limited hours of operation.
The business currently relies on word of mouth and its pylon sign for marketing, presenting substantial growth opportunities through targeted strategies such as direct mail, social media, and special promotions. With the right marketing approach, the business could attract even more customers and strengthen its position in the local market.
The current owner operates the business with minimal involvement and is seeking a qualified buyer due to the need to relocate. This presents an excellent opportunity to acquire a well-established, self-serve car wash with valuable real estate in a prime location, offering significant growth potential for a new owner.
Down Payment: $240,000
Total Sales: $165,283
Cash Flow: $111,881
Inventory: $1,000 (Included in listed price)
FFE: $200,000 (Included in listed price)
Real Estate Price: $950,000 (Included in listed price)
Owner Financing: No
Franchise: No
Real Estate: Yes
Relocatable/Home-based: No
Reason For Sale:
Relocation
Training & Support:
Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.
Year Established: 2001
Absentee Owner: Yes
Square Footage: 2,840 SF
Facilities Information:
Coin-operated car wash with 4 bays and 2 automatic car wash is occupied a 2,840 SF space of freestanding building next to a high traffic intersection. All equipment is well kept and 4 vacuums with fragrances are available around the car wash. The automatic car wash has a top-of-the-line laser system that washes each car with high-pressure water according to its shape and size to avoid damages to the automobile.
Competition:
There are a few competitors in the area, and most offer full-service washes, creating a distinct customer base for this self-serve operation.
Potential Growth:
There are substantial growth opportunities in marketing through targeted strategies such as direct mail, social media, and special promotions.
Financing/Terms:
100% down at the time of closing, or 10-20% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
