- Highly Profitable Owner/User Opportunity – Opportunity to acquire the building, business and underlying real estate for a highly profitable car wash.
- Recent Capex Improvements | Sonny’s Enterprises & Ryko Equipment – Auto Spa is equipped with a 50ft express tunnel consisting of a Sonny’s Conveyor (installed in 2021) and Sonny’s Equipment. Owner recently replaced one of the two automatics, installing a brand new Ryko 5 ($200k value).
- Versatile Offering with Multiple Revenue Streams | Flex Service wash including Self-Serve & IBAs – Catering to diverse preferences as a flex serve car wash, this location is equipped with a 50ft express tunnel, Detailing Services, full-service washing, 2 self service bays, 2 IBAs, and 5 vacuums.
- 25+ Year Operating History | 3.8 Star Google Rating – Current ownership has been operating the wash for over 25 years with a proven track record within the local community. Additionally, benefitting from a 3.8 google rating from 587 customer reviews.
- Strong Demographics | High Traffic Counts | High Visibility – The 3-mile population exceeds 117,000 and 5-mile population nearly 300,000. Population growth for the next 5 years is projected to be nearly 4%. Traffic counts along N Military Trl exceed 40,000+ vehicles per day. Highly visible location sitting on a 1.00 AC lot.
- Proximity To Various National Retailers – Benefiting from immediate proximity to Walmart, Dollar Tree, AutoZone, McDonalds, Ross, Wendy’s, and many others.
- 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