Established Car Wash for Sale in Warren County, NJ with New Equipment
Financial Details
- Asking Price:
- $1,800,000
- Annual Revenue:
- $700,000
- Cash Flow / SDE:
- $300,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 6.0x
- Location:
- NJ, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a well-established 20-year-old car wash located in a densely populated suburban area of Warren County, New Jersey. The business features brand new equipment and has undergone a significant renovation costing over a million dollars, giving it a modern and appealing look. It offers both full-service and self-service options, both of which are performing robustly. The recent investment in new equipment has driven substantial growth. The owner is motivated to sell due to being overwhelmed with other business ventures and is offering generous seller financing, requiring a $1 million down payment. Key advantages include low monthly rent of $6,000, a long 18-year lease, and the potential for seller financing, making this a prime opportunity for an aspiring owner-operator or investor.
Industry Information
- Industry Description:
- Car Wash
- Classification:
- Automotive & Boat
Operational Snapshot
- Year Established:
- 2005
- Reason for Selling:
- Overwhelmed with other business projects
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $6,000 USD
Listing Details
- Listing ID:
- fe9b83ff-c32b-49d5-a989-e1594212b5b6
- Source Listing ID:
- 36350
- Deal Status:
- For Sale
- Date Posted:
- July 09, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD