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5414 University Ave, Cedar Falls, IA, 50613

HAPPY HIPPO CAR WASH
$1,300,000

Key Information

Year Built
2013
Type
Retail

Highlights

  • Owner/User Opportunity – Opportunity to acquire the business, building, and underlying real estate
  • High Traffic – Direct exposure and prominent signage to over 16,000 vehicles daily, ensuring strong visibility and steady customer flow
  • Strong Surrounding Retail – Located near College Square Mall with national retailers including Kohl’s, Ashley’s, Planet Fitness, Hy-Vee, Taco Bell, Wendy’s, Starbucks, and Buffalo Wild Wings. The trade area generates an average of 895,000 monthly visits
  • Proximity to Campus – Situated in the same city as the University of Northern Iowa, which boasts an enrollment of over 10,000 students
  • Consumer Versatility – Services both include soft-touch and touchless wash options, with the ability to convert two bays to touchless automatics for expanded service appeal
  • Turnkey Operations – Proven business with 12 years of successful operations that is fully branded with established systems and workflows in place
  • Upside Potential – Prices have remained unchanged for 12 years, with no monthly membership program, website, or marketing initiatives currently in place presenting significant opportunities to drive revenue growth through pricing adjustments, digital presence, and targeted marketing strategy
  • Tax Benefits – Car washes qualify for 100% bonus depreciation in first year of ownership which can create higher returns on investments Please consult with CPA for details.

Photos

Location

Agents

Broker of Record

Adam Marek

License # F03991000 (IA)
Pacific Realty Commercial, LLC
11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154