High-End Car & Truck Wash and Detailing Center - Suffolk, NY

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Financial Details

Asking Price:
$1,500,000
Cash Flow / SDE:
$254,000
Profit Metric:
Cash Flow
Valuation Multiple:
5.9x
Location:
Suffolk, NY, US
Source:
Date:
September 15, 2025

Key Highlights

Dominant market position in a niche sector with limited competition.
Long-term lease with option to purchase the property, plus significant recent investment in upgrades.
Profitable operation with verifiable financials and strong potential for further growth, especially in corporate accounts.

Description

This is a unique opportunity to acquire a high-end car and truck handwash and detailing center located in Suffolk, NY. With an established presence since 2007, the business boasts extremely limited competition in its niche market, dominating a sector that includes large trucks and 18-wheelers due to its wide tunnel and high clearance. The facility features a double-stacking line for 20+ cars and a large finishing apron, enhanced by radiant heat for year-round operation. A significant rebuild costing $1.8 million was completed a few years ago, ensuring state-of-the-art equipment from Belanger, Tunnel Master, and Blue Coral. The business benefits from an excellent location with verified daily traffic counts and a $30 ticket average. Financials are robust and verifiable, with the current owner netting over $250,000 annually, and significant potential to reach $400,000+ with focused growth strategies, particularly in corporate accounts. The business includes seasoned staff and a POS system. A remarkable 29-year lease remains, with only 2% annual increases and a firm option to purchase the property within the next four years, followed by a right of first refusal. Seller financing is available for qualified buyers with a substantial down payment. The owner is motivated to sell due to serious health issues.

Industry Information

Industry Description:
Car & Truck Handwash and Detailing Center
Classification:
Automotive & Boat

Operational Snapshot

Year Established:
2007
Employees:
20
Reason for Selling:
Serious & Unexpected family health issues

Real Estate & Lease

Status:
Leased

Assets & Inventory

Includes FF&E:
Yes

Listing Details

Listing ID:
6c99695b-b9f5-44be-b99d-1caa70119ecf
Source Listing ID:
168821
Deal Status:
For Sale
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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