Under LOI

Car Wash & Detail Center with Real Estate

Business Category: Car Washes, Cleaning, Miscellaneous Services, Service Businesses
Location: Michigan

Revenue: $873,463

Cash Flow: $365,466

Real Estate Available: For sale
Reason For Sale: Retirement
Number of Employees: 14

This full-service car wash and detail center is well-positioned in a prime Kent County, MI location.

With 7 detail bays, state-of-the-art equipment, and a 150 ft long fully automated car wash tunnel, the company is well-equipped to care for the interior and exterior of their customers’ vehicles. In addition to a variety of cleaning and detailing services, the company also offers specialty services such odor elimination, water damage and remediation, headlight restoration, ceramic coatings, and more.

The company offers unlimited monthly car wash passes and maintains fleet accounts—both of which provide recurring revenue and help stabilize cash flow during the slower season.

The building and equipment are in excellent shape, and located in a high traffic, easily accessible area.

Opportunities for Growth

(1) Invest in Marketing – Ownership has relied on word of mouth, which allows ample potential for a buyer to grow the business by investing in marketing.
(2) Automation – Both the COVID-19 pandemic and technological innovation have driven the need and capability for automation
(3) Open Satellite Shops – A new owner could capitalize on the excellent reputation of the company and grow revenue by opening new locations.

Investment Highlights

(1) Excellent Brand Recognition and Reputation
(2) Ideal Location
(3) Well-positioned for Growth and Expansion

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