Owner/User Opportunity | Absentee Ownership– Opportunity to acquire the building, business and underlying real estate. Ownership is absentee providing upside for an operator looking to come in and manage day to day operations.
Top Performing Location | Unlimited Membership Model – Location continues to operate at a high gross revenue figure year over year, enhancing long term profitability and yearly EBITDA. The revenue generated from the unlimited wash club members provides predictable revenue allowing the business to further improve margins as customer volume increases.
Consumer Versatility | Flex Wash & Lube – Catering to diverse preferences as a flex wash & lube site, this location is equipped with a 90 ft Coleman Hanna express tunnel, express detailing services, full-service wash, 2 oil change bays, and 22 full serve/self-serve vacuums.
Strong Demographic Growth | High Average Household Income | High Traffic Counts – The 5-mile population exceeds 89,000 residents and is projected to grow over 8% over the next 5 years. The average household income within a 5-mile radius exceeds $86,522. Traffic counts are in excess of 16,000+ along N Henry Blvd.
Proven Location | 4.1 Star Google Rating – Current ownership has been operating this location for over 15 years with a proven track record in the local market. Additionally, benefitting from a 4.1 star google rating with 400+ customer reviews.
78KW Commercial Solar Panels – Installed in 2020, commercial facilities with installed solar panels reduce their electricity bills by an average of 75%.
Special Tax Advantage* – Under IRS Code Sections 179 ese 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. *Matthews™ does not provide tax, legal or account advice. This is for informational purposes only and is not intended to provide or be relied on for tax, legal or accounting advice.