OWNER/USER OPPORTUNITY – Opportunity to acquire the building, business and underlying real estate.
TOP PERFORMING LOCATION | CONSISTENT REVENUE GROWTH – Wash continues to operate at a high gross revenue figure year over year, enhancing long term profitability and yearly EBITDA. Wash has seen consistent annual revenue growth, with an increase of 14% over the past 2 years.
25+ YEAR OPERATING HISTORY | 4.1 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 4.1 google rating from 255 customer reviews.
PROXIMITY TO VARIOUS NATIONAL RETAILERS – Benefitting from immediate proximity to McDonald’s, Wendy’s, CVS, Starbucks, and more.
CONVERSION POTENTIAL | TURNKEY OPERATION – This full-service car wash has potential to be converted into an express exterior tunnel or continue operating as a profitable full-service wash. This turnkey operation allows for immediate operation.
STRONG DEMOGRAPHIC GROWTH | HIGH AVERAGE HOUSEHOLD INCOME | HIGH TRAFFIC COUNT – The 3-mile population exceeds 55,000 residents and is projected to grow over 15% over the next 5 years. The average household income within a 3-mile radius exceeds $94,766. Traffic counts along Tamiami Trl E exceed 35,500+ vehicles per day.
SPECIAL TAX ADVANTAGE – Under IRS Code Sections 179 these 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
Ad#:2411703
