Car Wash and Auto Repair Business with Real Estate in Cumberland County, NJ
Financial Details
- Asking Price:
- $3,500,000
- Annual Revenue:
- $1,000,000
- Cash Flow / SDE:
- $600,000
- Profit Metric:
- Seller's Discretionary Earnings
- Valuation Multiple:
- 5.8x
- Location:
- NJ, US
- Source:
- Date:
- September 16, 2025
Key Highlights
Description
This listing presents a comprehensive automotive business opportunity in Cumberland County, New Jersey, featuring a well-established car wash operation alongside a closed 6-door auto repair shop and three detailing units. The property encompasses a substantial 20,000 sq ft building situated on a 2.06-acre lot, offering ample space for current operations and future expansion or redevelopment. The sale includes all essential equipment, furniture, and goodwill for the car wash, as well as the inventory and FF&E valued at $20,000 and $500,000 respectively, both included in the asking price. The real estate, valued at $2,200,000, is also included. The business boasts a gross revenue of $1,000,000 and a Seller's Discretionary Earnings (SDE) of $600,000. The owner, who has been in the business for approximately 22 years, is retiring. The property's strategic location near major intersections and popular retail chains, combined with its potential for subdivision or redevelopment into a strip center, presents significant upside for a new owner. The listing also mentions a 3-bedroom apartment on the second floor, which could be used for employee housing or additional rental income. The business is currently operating, and the seller offers 2 weeks of transition support.
Industry Information
- Industry Description:
- Car Wash and Auto Repair
- Classification:
- Automotive & Boat
Operational Snapshot
- Year Established:
- 2003
- Reason for Selling:
- retirement
Real Estate & Lease
- Status:
- Owned
- Real Estate Price:
- $2,200,000 USD
Assets & Inventory
- FF&E Value:
- $500,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $20,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Peter Han
- Company:
- PK Property
Listing Details
- Listing ID:
- 973891d7-effc-4fcc-9761-69c238ca8dde
- Source Listing ID:
- 2412860
- Deal Status:
- For Sale
- Last Updated:
- September 16, 2025
- Currency:
- USD