$2,399,000.00
Asking Price
Address: 144 E Palmdale Blvd, Palmdale Ca, Palmdale,
Status: Active
Posting ID: 286192
4/19/24
Description
Investment Opportunity: Prime Express Car Wash & Property
This car wash was newly remodeled in 2022 with state-of-the-art equipment. It is strategically located next to IN-N-OUT Burger on a major off-ramp Fwy-14. There is additional rental income from window tint and U-Haul services. The property includes room for expansion and adding supplementary services.
A new signal light installation has just been completed. It was fully redesigned and remodeled less than 2 years ago. Over $1 million was invested in remodeling and converting to express/full service. There is a high-quality tunnel over 100 feet in length, fully operational as an express service.
The trained staff are proficient in all operational aspects, suitable for absentee ownership or portfolio addition. There are already 10 vacuum stations in place. This is a great opportunity to acquire an express car wash at a fraction of the cost to build one.
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
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.
To get more information about this Car Wash And Property - Prime Express, Remodeled business for sale in Palmdale please phone Houmehr Mike Panoussi (Agent - BRE License #:01853627) at 661-816-1141 Cell and 661-816-1141 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286192 on BizBen.com. In addition to phoning Houmehr Mike Panoussi, make sure you email Houmehr Mike Panoussi above to get more info about this Car Wash And Property - Prime Express, Remodeled, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01853627. Liberty Business Advisors .
Contact
Details
Asking Price: $2,399,000.00
Down: $800,000.00
Cash Flow: $200,000.00
Revenue: $420,000.00
Area: Palmdale
City: Palmdale
Attributes:
My Notes About This Listing
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