Self Serve CarWash For Sale
Business Description
Excellent Passive Income Stream.
Established Self-Serve Car Wash - Coalinga's Only Full-Service Option
This profitable car wash operation has served Coalinga, CA for over 50 years, establishing itself as the sole self-serve car wash facility in a town of 18,000 residents. Located on a prime corner lot in the heart of town, this business generates strong passive income with minimal day-to-day management requirements.
Financial Performance:
- Annual Revenue: $90,000 ($20,000 credit card, $70,000 cash)
- Cash Flow (SDE): $72,700
- Monthly Operating Expenses: Approximately $1,200 (utilities, taxes, insurance)
- Established 1969 with consistent revenue history
Property & Assets:
- 435 sq ft building on large corner lot
- Real estate included ($300,000 value)
- Additional 5,700 sq ft fenced vacant lot for expansion
- FF&E valued at $625,000 with recent updates
- $6,000 inventory of parts, hoses, soap, tools, and air compressors included
Competitive Advantages:
- Monopoly position as only self-serve option in market
- Limited competition (one higher-priced tunnel wash at gas station)
- Prime downtown location with high visibility
- Can be operated remotely with proper site management
Growth Opportunities:
The substantial vacant lot offers multiple expansion possibilities including additional wash bays, Tesla charging stations, oil change services, RV storage, food truck rentals, or rental buildings for additional income streams.
Owner Support:
Seller will provide comprehensive training and education for smooth transition. Seller financing available with substantial down payment.
This turnkey operation offers an excellent opportunity for passive income in a stable market with significant expansion potential.
This profitable car wash operation has served Coalinga, CA for over 50 years, establishing itself as the sole self-serve car wash facility in a town of 18,000 residents. Located on a prime corner lot in the heart of town, this business generates strong passive income with minimal day-to-day management requirements.
Financial Performance:
- Annual Revenue: $90,000 ($20,000 credit card, $70,000 cash)
- Cash Flow (SDE): $72,700
- Monthly Operating Expenses: Approximately $1,200 (utilities, taxes, insurance)
- Established 1969 with consistent revenue history
Property & Assets:
- 435 sq ft building on large corner lot
- Real estate included ($300,000 value)
- Additional 5,700 sq ft fenced vacant lot for expansion
- FF&E valued at $625,000 with recent updates
- $6,000 inventory of parts, hoses, soap, tools, and air compressors included
Competitive Advantages:
- Monopoly position as only self-serve option in market
- Limited competition (one higher-priced tunnel wash at gas station)
- Prime downtown location with high visibility
- Can be operated remotely with proper site management
Growth Opportunities:
The substantial vacant lot offers multiple expansion possibilities including additional wash bays, Tesla charging stations, oil change services, RV storage, food truck rentals, or rental buildings for additional income streams.
Owner Support:
Seller will provide comprehensive training and education for smooth transition. Seller financing available with substantial down payment.
This turnkey operation offers an excellent opportunity for passive income in a stable market with significant expansion potential.
About the Business
- Years in Operation
- 56
- Employees
- Carwash managed by owner
- Facilities & Assets
- Only Self Serve Car Wash in the heart of town. Corner Lot size 18,900 sqft. Attached privacy fenced vacant lot included, size 5700 sqft. 4 self serve bays with Cryptopay credit card options in each bay. 1 Mark 7 Automatic bay new in 2022. 2 vending machines for car products. 1 Mat cleaner, 4 Adams 3 motor Super Vacuums, 2 Fragramatics Vacuums with carper shampoo options. 2 Hamilton Dual Stacker change machines. Office 195 sq ft with private bathroom. Pump house 240 sqft with updated motors and air compressors. Recent asphalt and paint upgrade.
- Market Outlook / Competition
- Only self serve carwash in town. Chevron gas station has a tunnel wash with higher cost per wash.
- Opportunities for Growth
- Attached fenced vacant size 5700 spft. A few examples of how the vacant lot may be used to expand carwash, add Tesla chargers, oil change/mechanic business, RV storage, Food truck rental, general storage or Metal shop building to rent out.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 435
About the Sale
- Seller Motivation
- Leaving the area to be closer to Grandchildren.
- Transition Support
- Seller will provide education and training to new owner for smooth transfer. Approx. Monthly expenses: Water $350, PGE $500, Tax and Insurance $350. Lots of included extra parts, hoses, soap, tools, air compressors. Approx annual income: credit card $20,000, Cash $70,000. Can be managed remotely with proper site manager.
- Financing Options
- Seller financing available with a large down payment.
Listing Info
- ID
- 2445151
- Listing Views
Business Location
Listing ID: 2445151 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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