Automotive ServicesVerified Seller
2 Car Washes in Palm Springs, CA - $1.65M - $900K Annual Cash Flow
Palm Springs, California
Asking Price$1,650,000
Annual Revenue$1,000,000
EBITDA / Cash Flow$500,000Implied Multiple: 3.3x EBITDA
Executive Overview
Discover a remarkable investment opportunity with two thriving car washes located in the heart of Palm Springs, CA, offering an exceptional $1,650,000 turnkey business with robust annual cash flow of $900,000.
Key Investment Highlights
- •Prime Location in Palm Springs, California
- •Established in 2015 with Proven Performance
- •Comprehensive 5,000 sq ft Facility
- •120-foot Express Car Wash Tunnel
- •20 Experienced Employees
This high-performance car wash detail center generates an impressive $1,000,000 in gross annual revenue, supported by state-of-the-art equipment and a strategic business model. The property features a long-term lease with 23 years remaining, providing exceptional stability and predictable income for potential investors.
With a consistent monthly rent of $10,000 and a well-established market presence, this business represents a rare opportunity for investors seeking a turnkey operation with immediate cash flow and significant growth potential. The comprehensive infrastructure and experienced team ensure continued success in the competitive car wash industry.