Absentee Owned Large Truck Wash
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Quick Facts:
Listing Price:
$4,500,000EBITDA:
678,397Real Estate:
$1,500,000Gross Revenue:
$2,462,549FF&E:
$213,000Established:
2008Cash Flow:
$827,595Inventory:
$13,600Employess (FTE):
14.00Description:
This Absentee Owned Large Truck Wash is a commercial truck wash business in Central Iowa. The operation specializes in servicing large vehicles, including semis with trailers, agricultural equipment, and fleet trucks. The business has a loyal base of repeat clients that come from existing corporate accounts, independent truck groups and individual drivers. The business also services local farmers, liquid tanker trucks and oversize vehicles like RVs and construction equipment. The business is located near a major highway used for trucking routes.
Detailed Information:
Location:
MidwestFurniture, Fixtures & Equipment (FF&E):
skid loader, equipment used for washing vehicles, office equipment, a washer and dryer
Facilities:
The business includes a well-maintained, facility designed for high-volume, heavy-duty vehicle washing. There are 3 bays that service the cleaning and sanitizing of the vehicles. The facility was built specifically for this purpose and contains a waste removal system that filters out the waste solids. The water system is piped to switch from hot water to cold for cleaning. There is ample room for on-site storage of chemicals.
NAICS:
488490Inventory included?:
YesReason for selling:
Retirement.
Market opportunities:
New ownership could expand the current customer base through obtaining more corporate accounts and expanding service offerings such as upholstery cleaning and odor treatment or by adding more cleaning and sanitation products for resale. The facility could add another wash bay which would increase capacity and generate more revenue.
Competitive advantage:
The business has minimal competition in the area and is conveniently located for truck drivers. Their efficient and friendly staff work hard to provide the services requested by the drivers and get them back on the road as quickly as possible.
Able to relocate?:
NoReal estate included?:
YesReal estate owned by seller?:
YesReal Estate leased from a third party?:
NoReal estate available for buyer to purchase?:
YesSeller financing available?:
NoTraining provided by seller?:
YesFranchise ?:
No
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