Owner/User Opportunity – Opportunity to acquire the business, building, and underlying real estate.
Strong Exposure – The property is positioned with excellent exposure to Florida Ave, which sees over 29,000 vehicles per day.
Sonny’s Equipment – The world’s largest manufacturer of conveyorized car wash equipment.
Growing Population – Population growth within a 3-mile radius is projected to be nearly 6% in the next 5 years.
E-commerce and Pandemic Resistant – The car wash industry has thrived despite the presence of E-Commerce and COVID-19.
Special Tax Advantage – Accelerated Depreciation – Car Washes present accelerated depreciation opportunities for tax savings. Under IRS section 179 & Sec. 168k. Immediate depreciation deduction (up to 100% of the cost) under “Bonus Deprecation” for personal property acquisitions (including equipment and some car wash building structures) with useful lives under 20 years.