Established, Highly Profitable, Owner Absentee Carwash - 9% CAP

6 Self Service Bays & 5 Vacuums

Hixson Pike Wash Co is a car wash that has 6 self-service bays, 1 touchless automatic, & 5 Vacuums. All of these accept coins/credit cards and are monitored by the Nayax credit card management system, making this a perfect owner-absentee investment.

The wash is located 23 minutes (18.6 miles) from downtown and Chattanooga and is less than 2 miles away from multiple boat ramps with access to Lake Chickamauga.

There is one 1099 employee who stops by the wash 1-2 times a day to empty the trash, clean the bays, refill the soap, and generally make sure the place is in working order. He can fix the most common electrical/mechanical issues but also has two certified car wash techs on call if need be. Once a week, he collects the physical coins, refills the change machine, and deposits his rest at the bank.

Hixson TN has no real other self-service car washes and the local tunnel washes don't seem to have an impact on sales. The population is growing and there are many ways to boost revenue such as; investing in new manual and automatic equipment, basic advertising/marketing (there isn't even a website), or adding a monthly subscription option. Revenue has grown consistently since the wash was rebranded and CC machines were added in the summer of 2022.