Triton Car Wash Exit 7
Business Opportunity
for Sale
| Catylist Listing ID: |
30679995 |
| Property Subtypes: |
Auto Related
|
| Building Size (RSF): |
1,200 SF
|
| Sale Price: |
$129,000 |
| In Opportunity Zone? |
Yes |
| Name of Establishment: |
Triton Express Wash |
| Franchise Parent Name: |
Triton Express Wash, LLC. |
| Year Business Established: |
2013 |
| Gross Revenue: |
$72,419 (Annual) |
| Cash Flow: |
$0 (Annual) |
| Cash Flow Type: |
Sellers Discretionary Earnings |
| Sale Terms: |
Land Lease in place with land owner until 2027. Cash to Seller at Closing |
| Last Updated: |
4/16/2021 |
Overview / Comments
Triton Car and Dog Wash has been in existence since 2013, with many updates and improvements since the original date. The current car wash has 5 self service bays, including a high bay for trucks, and two automated car washes, one soft cloth and the other "touchless" car wash. The property while on a land lease has a number of years remaining on the original lease, and the Landlord will likely extend the terms of the Lease. The Dog Wash is very unique and provides a great venue in which to was your dog.
Situated along Lee Highway, just across from Bay's and below Food City, this site had not only high visibility, but easy access as this business is on a signalized corner.
With an additional building at the rear with a high bay, a detail shop is a very inviting and likely very simple. Being located along Lee Highway and having a great amount of traffic, makes this an exceptional site.
|
Additional Details
| Nearest MSA: |
Kingsport-Bristol |
| County: |
Washington |
| Industry Segment: |
Carwash |
| Reason for Selling: |
Business expansion |
| Value of Inventory Included ($): |
$150,000 |
| Value of Furniture, Fixtures, and Equipment ($): |
$94,000 |
| Real Estate Status: |
Leased |
| Value of Real Estate Included ($): |
$0 |
| Real Estate Lease Description: |
Current land lease to term out 12 years. |
| Employee/Labor Description: |
Part time employees |
| Mgmt/Training Support Description: |
Owner can provide training support and maintenance. |
| Competition/Market Description: |
Only one other car wash in this end of Bristol |
| Seller Financing Description: |
Possible Owner Financing |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
771 |
25,176 |
47,817 |
| Median Age: |
40.23 |
42.11 |
41.71 |
| Households: |
334 |
10,940 |
20,500 |
|
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