Car Wash & Gas Station & Convenient Store 41 Yrs North Central Phoenix

Asking Price$5,350,000

Cash Flow
Not Disclosed

EBITDA$600,000

Gross Revenue$3,652,000

Inventory$135,000
Not included in asking price
FF&E$1,800,000
Included in asking price
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Car Wash & Gas Station & Convenient Store 41 Yrs North Central Phoenix


Asking Price$5,350,000

Cash Flow
Not Disclosed

EBITDA$600,000

Gross Revenue$3,652,000

Inventory$135,000
Not included in asking price
FF&E$1,800,000
Included in asking price
Business Description
Well established Branded Gas Station with Convenient Store and a full service drive through Car Wash with updated wash equipment offered for Sale. The Sellers have a master sub-lease from the landlord until 2029 and collect rent on the attached Full Service Auto Center with 6 Bays. The Sellers have three profit centers included in the Sale: 1. Gas/C-Store, 2. Car Wash, 3. Rental income from the Auto Center. There is a current lease for the entire building through July 2028 and three (3) five (5) year options with 10% increases per renewal. Detailed information will be presented to those interested in reviewing the offering.

Located above the Service Center on the second floor is approximately 3,200 SF of Office space including 4 offices, a bull pen, bathroom and large conference room. Enter up the stairs to a large reception area and tastefully decorated as a Corporate or Regional Office. Rare opportunity to have a have a business Headquarters located at their Flagship Center.
About the Business
Years in Operation
41
Facilities & Assets
Entire lot size is 1.95 +/- acres and Building Size (GBA) of 20,228SF +/- divided between three separate businesses.
Car Wash Express & Full Detail Services occupy 3,950SF +/- including tunnel and drying area.
76 Branded Fuel Station: MPD's 6 or 12 fueling stations. Updated two(2) fuel holding tanks in double wall fiberglass subs that were installed about 6 years ago. Approx 4,800SF
Convenient Store: Approximately 5,400SF of retail Lottery, Series 9 Beer & Wine.
Full Service Auto Center: Approx 6,215SF +/- including 6 Bays and Lifts
Market Outlook / Competition
VERY few Car Washes up for sale in greater Phoenix market. Even the quick self-drive through car washes with free drying centers the exploded in numbers the past 6 years are starting to be bought up by private equity firms as second generation rebranding. The barrier to entry into this major re-development in such a high demographic is near impossible. Sellers are asking a premium price and will get it for the right operator.
Opportunities for Growth
There is a lot of room to expand since the businesses are al 1.95 acres. Installing 8-10 electric car charging stations is just one example of additional profit centers on the large property.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
20,280
Rent
$18,865.00 per month
Lease Expiration
7/30/2029
About the Sale
Seller Motivation
Owners are ready to retire
Transition Support
Sellers will transition the new owner for a gratis of two weeks and longer as needed.
Listing Info
ID
2415508
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Business Listed by: Michael Gaida NAI Horizon

Listing ID: 2415508 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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