2-Unit Portfolio Owner/User Opportunity – Opportunity to acquire the building, business and underlying real estate for two established car washes in Dothan, AL.
High Traffic Counts – 2688 Hartford Hwy has exposure to 14,000+ VPD, with 1721 Ross Clark Cir seeing over 27,000+ VPD providing excellent visibility.
Limited Direct Competition – The surrounding area shows minimal saturation of similar car wash services, and any nearby new entrants are not expected to significantly impact customer retention due to the site’s proven service quality, trusted reputation, and local brand recognition.
Well Kept Facilities – Current ownership is local to the subject assets and has done an excellent job maintaining the condition of the properties. The next owner will enjoy a highly reduced level of expected deferred maintenance.
Strong Financial Performance – Both washes have proven an established local track record, resulting in strong profit margins and high overall profitability.
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.