Full Service Car Wash (Newly Remodeled)

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Financial Highlights
Asking Price
$1,500,000
Revenue
$500,000
Business Description

Locally owned and operated full service carwash that has been completely renovated inside and out. This carwash has been in its current location for over 20 years and has a cult like local following. Average ticket price is $28+ per vehicle and staff tenure above average for industry. The property is held by an affiliated entity and will be made available as part of a transaction or seller is open for NNN lease to new ownership post sale if buyer doesn't want land. Location: Dallas, Texas Year Established: 2019 Number of Employees: 10 Real Estate: Owned Facilities: 21,000 of land square footage zoned community retail. Improvement size includes 2150ft building with 900ft car wash tunnel. Brand new parking lot installed 2/2022, outdoor seating area added 11/2021, new high end wash/extractor 11/2021, all new hydraulic and tunnel computer and components installed late 2019 and early 2020. Complete interior remodel late 2019. Market Outlook/ Competition: There are no full service car washes within the immediate area or community and customers do drive from all parts of Dallas to take advantage of our services. Located inside 635 and East of 75, this location in Dallas is high density and has heavy local support. Growth & Expansion: The Dallas MSA economy will accelerate in coming months, led by growth in professional services, housing, and the recovery of hospitality. Longer term, the concentration of corporate headquarters, technology businesses, financial services, and population growth will contribute to above-average performance. The neighborhood indicates above average growth over the next several years. Real estate values are anticipated to increase as well as median income in the area. All these factors will drive population growth in the immediate area of the business.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 7, 2022

Updated: 10 hours ago

Views: 8

Favorites: 0