Central Texas Car Wash Business For Sale in Lago Vista, Texas

Central Texas Car Wash

Location: Texas > Travis County > Lago Vista

Industry: Auto Related > Car Wash

Financials

Asking Price: $650,000

Gross Revenue: $122,600

Gross Revenue Comments: projected for 2008

Cash Flow: $76,000

Cash Flow Comments: 2007

Inventory: $5,000 (Included in Asking Price)

FF&E: $300,000 (Included in Asking Price)

Real Estate: $400,000 (Included in Asking Price)

Seller Financing: Possible with minimum 50% down. Seller will carry a 1st lien only.

Business Summary

This is a money maker with 3 self-serve bays, 1 large RV/Boat/Truck bay and 1 Touchless Automatic bay, CAP RATE 10% PLUS. Local owner keeps it running like a top with only a couple of hours a day. Self serve bays built in 1999 - automatic in 2003. Still looks like new.
Annual taxes $7,000

About the Business

Year Established: 2000

Employees: 1 part time

Facilities: 3 self serve bays, 1 RV/Boat bay and 1 Touchless automatic on .89 acres. Original owner reported the cost of construction new was $582,597. The car wash was built in 2000 and the automatic added in 2003.

Market Outlook and Competition: Fast growing area with many new residential and commercial projects. Heavy tourist population with solid and growing local base.

About the Sale

Management Training and Support: 30 days by owner

Reason For Selling: Retirement and travel

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carwashterritorycarpet022.jpg	1 MB	View \| Download
carwashterritorycarpet023.jpg	964 K	View \| Download
carwashterritorycarpet024.jpg	1 MB	View \| Download

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BizQuest ID:	868712
Seller ID:	3247616

Business Listed By
Name:	Gene Hammonds
Company:	Highland Lakes Real Estate, Inc


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	The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.