Proven track record | High profit margins – With years of successful operation, the locations have established themselves as reputable and reliable car wash and self-storage sites, attracting a loyal customer base. Locations are operating at high profit margins due to zero employees and very passive ownership.
Special tax advantage – Under IRS Code Sections 179 & 168 (k), these types of properties can qualify for business expense deductions up to 40 percent of the cost in the first year. Some car washes even qualify for “bonus depreciation” for personal property acquisitions in addition.
Newer construction – Car wash and self-storage buildings were built in 2022, offering an attractive price below replacement cost.
Limited direct competition – The site benefits as one of two car washes in Donalsonville, and the only automatic car wash. Additionally, American Self Storage is the only self-storage location in Donalsonville.
Owner/user opportunity – Opportunity to acquire the building, business, and underlying real estate for the car wash and self-storage properties.