41 Rymal Road West, Hamilton (Kennedy) - Business for Sale

Description

Turnkey 6-bay self-serve coin-operated car wash in Hamilton's mountain residential corridor - business and equipment sale only. Real estate is not included and is separately listed at $1,599,888. All major equipment was installed new in 2024 by NCS Mondo Products Co. Ltd., one of Canada's premier car wash suppliers. This is not a tired operation needing capital - the bays, plumbing, chemical delivery systems, electrical, LED lighting, payment terminals, and full surveillance system are brand new and under manufacturer warranty. The Tap+Wash cashless platform is active across all 6 bays, accepting credit, debit, contactless, and coin. A monthly membership/subscription feature is installed and ready to activate - zero additional hardware cost. Membership revenue represents pure upside for the incoming operator. Included: 3 premium JE Adams Ultra-Series vacuum stations (new 2024, carpet shampoo, 3-motor turbo, digital timer) plus 3 additional legacy vacuum units at rear. 21- camera HD surveillance system with 32-ch NVR and 20 TB of storage also included. 2025 revenue of $62,468 (CPA compiled) was achieved under part-time, first-time ownership navigating health challenges. Card settlements of $36,366 independently verified through Monex payment processor records. Business has never been operated at capacity - a focused owner operator has a clear path to significantly higher throughput without any additional capital outlay. Total project investment since 2023 exceeded $473,000 pre-HST. At the asking price is below replacement cost for the direct business assets alone. Flexible transaction structure: asset sale or clean share transfer with all liabilities cleared prior to closing. (id:66096)

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