Listing ID: 82797
` Site consists of 62,000 +/- s.f. of land and two
buildings 3,840 s.f. bldg. is main car wash tunnel,
and; 3,095 s.f. separate building that is leased
` Second building leased and producing another
` Successful carwash operation for decades and in
the same family for generations
` Profitable full service carwash includes hand
detailing. Financial information provided upon
signed confidentiality agreement
` Easily converted to limited service tunnel & self vac
` Signalized intersection of N. Lindbergh Blvd (U.S.
Hwy 67) and Fee Fee Hills Drive
` Located across Lindbergh from Aviator Business
Park – a 155-acre development located on the site
of the former Ford Hazelwood Assembly Plant. The
business park, located within a State of Missouri
Enhanced Enterprise Zone, houses commercial,
industrial and warehousing tenants
` Located just south of I-270 (new interchange
presently under construction and to be ready
soon!) and in the heart of the St. Louis Lambert
International Airport warehouse / distribution
action with many major employers located
nearby such as Boeing, Amazon, U. S. Post Office
distribution facility, Mallinkrodt, Iron Mountain,
St. Louis Lambert International Airport plus many
- Asking Price: $2,000,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: 1956
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Owner willing to stay for an agreed upon time to assist in training and transition.
established car was location that has been in business since the 1950's! High traffic location just south of a newly re-constructed interstate interchange
located within a high growth business area with numerous large office warehouse developments in the immediate area of the St. Louis International Airport.
The company was started in 1956, making the business 66 years old.
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals decide to sell companies. Nevertheless, the genuine factor and the one they tell you might be 2 completely different things. For instance, they might claim "I have way too many other commitments" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these might just be reasons to try to hide the reality of changing demographics, increased competitors, recent reduction in profits, or an array of various other reasons. This is why it is really vital that you not count entirely on a seller's word, yet instead, use the vendor's solution together with your overall due diligence. This will repaint a more realistic picture of the business's present circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Many companies borrow money in order to cover items such as supplies, payroll, accounts payable, so on and so forth. Remember that in some cases this can mean that revenue margins are too thin. Numerous organisations fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that need to be satisfied or may result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area attract new clients? Most times, companies have repeat customers, which develop the core of their everyday profits. Specific factors such as new competitors growing up around the area, roadway building and construction, as well as staff turnover can influence repeat clients as well as adversely affect future incomes. One important point to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Certainly, the more individuals that see the business often, the better the possibility to construct a returning customer base. A last idea is the basic location demographics. Is the business situated in a largely populated city, or is it located on the outside border of town? Just how might the local typical house earnings impact future revenue prospects?