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Carwash w/ Property

  • Status: Available
  • Price: $2,399,000

Houmehr 'Mike' Panoussi

License No:
DRE #01853627
Email:
mike@lbaweb.com
Office:
661-816-1141
Mobile:
661-816-1141
  • Listing No: 6472
  • Status: Available
  • Area: Los Angeles County
  • Price: $2,399,000

Description

Investment Opportunity: Prime Express Car Wash & Property
Key Highlights:
Newly remodeled in 2022 with state-of-the-art equipment. Strategically located next to IN-N-OUT Burger on a major off-ramp Fwy-14. Additional rental income from window tint and U-Haul services. Property includes room for expansion and adding supplementary services. New signal light installation just completed.
Property Details:
Property Type: Specialty, Property Subtype: Car Wash, Year Built: 1994, Building Class: B, Lot Size: 0.66 AC, Parking Ratio: 7.24/1,000 SF
Business Highlights:
Fully redesigned and remodeled less than 2 years ago., Exclusive car wash attached to IN-N-OUT Burger, a unique feature in Southern California. Over $1 million invested in remodeling and converting to express/full service. High-quality tunnel over 100 feet in length, fully operational as an express service. Trained staff proficient in all operational aspects, suitable for absentee ownership or portfolio addition. 10 vacuum stations are already in place. Great opportunity to acquire an express car wash at a fraction of the cost to build one.
Current Performance:
Cars Per Month: 3000+, Gross Annual Sales: $420,000 +, Net Annual income $200K + before mortgage payment, 1000+ recurring members with an average monthly addition of 120 to 150 members. Projected 1500 Members by July 2024.
Additional rental income of $1,500/month from tint tenant.
Projected Growth:
1-year projection: 5000+ cars per month, with an average revenue of $11+ per
car and a profit margin of 35% to 40%.
Estimated 2000+ members annually, resulting in gross sales exceeding $500,000
Gross sales per year.
Membership Management:
Partnered with Everwash platform for streamlined membership management.
Cutting-edge software for billing, collections, processing, and marketing. Quick signup process with license plate recognition integration. Payouts twice a month with transparent backend dashboard and 24/7 customer service.
Exclusive Opportunity:
Join a reputable network of over 2,000 car washes nationwide. Please refrain from contacting anyone at the location.
Signed NDA and Proof of Funds required for detailed information. Don’t miss this opportunity to invest in a thriving car wash business with substantial growth potential. Contact us for further details.

Business Information

Ownership Type: N/A
Year Established:
Year Purchased:
Business Type: Carwash
License(s) Required:
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6472
Date Available: 04/24/2024
Reason For Sale:

Financial Information

Annual Total:
420,000
Revenue:
Annual Net Income:
200,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
Lease Expires:
Lease Option:
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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