Buying a Carwash - Would love some advice

[Nathan Smith]

Hi Everyone,

I'm looking at buying a car wash and would love to get some feedback and comments to help make my decision.   

2016 sales were $225,000.  Net profit is $116,000. Asking price is $1,000,000

  Below are a few of the details about the facility

6 Gin San Self Serve Bays with new electric drying system

1 Automatic Drive thru Laser wash 4000-REBUILT

Wash Select II Auto Teller with cash/credit card acceptance

Standard Change Maker dual change machine

Gin San Reverse Osmosis “Spot Free” machine

Water softners with 2 alternating tanks for production and delivery

Air Compressor

6 vacuums,( 3 regular, 2 fragrance combo, 1 carpet shampoo

6 drop shelf vendors for product purchases

Compaq PC for credit card processing

ScanCoin Currency counter

Semacon Coin Counter

16 channel DVR plus 9 cameras with remote viewing capability

Honda Power washer

Full supply of tools, ladders, etc

Inventory of spare parts and chemicals,Roadside Marque sign