• Exponential Growth – Doug’s Super Wash opened just four years ago and has continued to ramp up sales at a high rate. The current projection for this site is a 20% increase each year in sales, which presents a strong business model along with the overall hold on the current market. This would also create problems for new wash to come in and be successful as Doug’s has continued to win over a majority of the business in the area.
• Strong Area – Kingsport has continued to see retail growth within the last 5 years. Doug’s is located on prime real estate in the retail corridor along with some key tenants like Target, Zaxby’s, Aldi, and Academy Sports. This allows for a high volume of traffic, resulting in consistent business year-round.
• Built-In Membership Base – Doug’s Super Wash benefits from a strong and reliable recurring revenue stream through its monthly membership program, which includes more than 6,100 active members. With an average monthly rate of $29.99, the program delivers stable, predictable income in a market with virtually no competition. Membership has grown by over 30% annually, highlighting continued momentum and customer loyalty at the site.
• Tax Benefits – Car washes qualify for bonus depreciation and an accelerated depreciation which can create higher returns on investments.

*Please consult with CPA for details