Hand Car Wash / Detail Shop for Sale in Chicago NW Suburbs, near Schaumburg

Sale Includes: The entire Business, all Equipment, and all Fixtures.

This car wash and detail shop has been operating at this location for 15 years. When the current owners took over in 2003, they cleaned up the place and started focusing on growing the business. Each year since they have owned the business they have increased the sales. The amazing part of it is that the sales have been increasing even though they don’t do any advertising. It also doesn’t hurt that the car wash is located in an area that has been going through some explosive growth. There are hundreds of new homes in the area as well as new shopping malls andgrowing traffic counts.

Both owners have other businesses and have decided to slow down and try to focus on spending more time with their families.

Highlights
  • 29,000 cars drive by this car wash each day
  • No machines to maintain
  • The sales have been increasing each year even though the current owners are not doing any advertising
  • They specialize in hand washing, hand waxing, buffing and complete interior & exterior detailing
  • This business has a long history at this location
  • The business is only open approx 50 hours per week. The business never stays open past 5pm even though there are thousands of people driving by the car wash on their way home from work each day
  • The owners admit that they turn away 5-10 walk-in car wash requests per day because they are not staffed properly
  • The business is 3,000 sq feet and the gross rent is only $2,836.00/month

Asking Price: $158,000 plus inventory
Gross annual sales (approximately): $200,917.86 (as stated by owner)
Cash Flow (approximately): $89,005.08 (as stated by owner)
Value of furniture, fixtures & equipment (approximately): $15,000
Value of inventory (approximately): $1,400 (Not Included in Asking Price)
Lease details (approximately): Base rent = $2,836/mo. Annual increases = 2%. RE taxes = included in rent. C.A.M. = included in rent. +/- 3,000 sq ft
Seller Financing: Owner will consider financing up to 25% of purchase price to a qualified and experienced buyer.

Pictures are available upon request. Email or call ABA as soon as possible for details and a personal tour. If you are a recent contact (within the last 6 months) we most likely have a recent CA or non-disclosure on file and we can forward pictures ete...Immediately!

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