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