2 Location In-Bay Automatic Car Wash Business for Sale

Great semi passive business with a solid reputation!

Business Highlights
• Established Reputation: This car wash has built a loyal customer base since 2003 ensuring repeat business and community trust.
• Automated Efficiency: Featuring Laserwash in-bay automatic washing systems that provide high-quality touchless cleaning in just minutes.
• App Based Purchasing: Car Tub has invested in an app-based system to allow customers to purchase a wash directly from their smartphone without even opening their windows. A big perk on those cold winter days!
• Sustainable Practices: Eco-friendly washing options reduce water consumption and environmental impact, appealing to the growing base of environmentally conscious consumers.
• Day to Day Employee: Car Tub has a part time employee who has covered most of the day to day tasks at the car wash for the past 3 years. This includes daily, weekly and monthly tasks such as: cleaning and emptying garbage area, tracking daily wash numbers, maintaining pay kiosks, checking quality of washes by bay, periodically cleaning walls and floors of bay, as well as maintenance and repairs and interacting with customers.
Property Features
• Prime Location: Strategically situated on high-traffic roads with excellent visibility, ensures a steady flow of potential customers. The washes are close to residential neighborhoods and on the main roads leading into and out of town.
o Port Washington: 1427 W Grand Ave
o Random Lake: 332 E Towne Dr
• Traffic Count:
o Port Washington: AADT (Average Daily Traffic) 6700 cars
o Random Lake: 9700 cars
• Quality Building: The properties boast high quality buildings that are overdesigned with extensive interior space for wash equipment and storage. The Port Washington location is equipped with an office area and bathroom.
• Ample Space: Each building includes two wash bays and widened interior space which is optimized for efficient operations and additional storage.
• Parking & Accessibility: Plenty of space is available for customers, ensuring easy access and a hassle-free experience whether washing or vacuuming.
Growth Potential
• Marketing Opportunities: With effective marketing strategies, there’s significant potential to increase revenue through promotions, loyalty programs, and partnerships with local businesses.
• Expansion Options: Both locations boast large lots (.93 acres for Random Lake and 1.84 acres for Port Washington) allowing room for adding additional services or to further enhance customer experience and increase profits.
Financials
• Strong Revenue: Consistent cash flow with financial records available for serious inquiries.
• Low Overhead Costs: Efficient operations lead to reduced expenses, maximizing profitability.
Investment Details
• Asking Price: Competitively priced based on market value and ROI.
• Appraisal done summer of 2023 with combined valuation of $1,360,000
• Accelerated Depreciation: Car washes are a unique asset that may be used to minimize other income using deductions and accelerated depreciation.
Don’t Miss Out!
This is more than just a business; it’s a chance to invest somewhat passively in a thriving operation with significant growth potential and tax advantages. Whether you’re an experienced entrepreneur or a first-time buyer, this pair of in-bay automatic car washes is your ticket to success.

Lets talk further!