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Royalty Hand Car Wash

BizEx271-AK

Background

General Location:La Mirada, CA
Category: Miscellaneous Retail
Car Wash
Years in Business:53
Under Present Owner:11
Hours of Operation:m-f 8-6, sun 8-5 summer
Owner Hours:part time
Training:4 weeks @ 20 hours
Organization Type:
Lease Expiration:2042
Lease Options:
Building Size:2,772
Employees:11
Reason for Sale:Other Business Commitments

Financials

Asking Price:$800,000
Down Payment:Negotiable
Gross Sales:$795,000
Discretionary Cash Flow:$215,000
FF&E:$35,000
Inventory Included?
Inventory:$500
Min. Operating Capital:$35,000
Real Estate Available?No
Rent:$4,400
Payroll:$22
Financing:Call

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Arthur B. Kessler
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004