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BUSINESS FOR SALE - PROFILE #  05221546

Car Wash w/Gas Station
Central Connecticut

Asking Price: $1,250,000   Down Payment: $1,250,000  
Gross Revenue:   Adj. Cash Flow*:  
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Executive Summary
This is car wash/gas station with small convenience store. Real estate and business are being sold as a package. The real estate includes .64 acres of land and a building. The business includes a car wash and a gasoline filling station containing two 10,000 gallon gas tanks, three islands with three dispensers (6 nozzles), a 1000 gallon propane tank and a small convenience which should be enlarged. Business has been in the same family since 1969. Car wash equipment is 28 years old and functional although it needs some upgrade. The tanks and fueling dispensers were installed in December 1992. Location is excellent although not without competition for gasoline. Only one other car wash exists in this city.

Acquisition Highlights

  • Financing Information:  Cash at Closing
  • Training Information:  One month training
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1969 Inventory:
Employees: 1 FT, 2 PT Furniture, Fixtures & Equipment: $402,000 Included
Real Estate: $698,000 Included
Building Sq Ft: 2500 Other: $150,000 Included
    Total Assets Included in Sale: $1,250,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Bob Capozzi
Phone:  (203) 878-0554
E-mail:  venture.grp.prtnrs@snet.net
VR Business Brokers - Milford, CT
99 Cherry Street
Milford, CT 06460-3455
The above company and/or agent is a licensed real estate broker/and or a business broker.
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