Car Wash Investment Property - Semi-Absentee Cash Cow 11.6% Cap Rate
Business Description
Prime turn-key investment car wash opportunity in Winder, GA. This car wash is comprised of 6 self-serve bays and 1 touch-free in-bay automatic, along with 6 vacuums and 2 vending machines. The city seen significant population growth (11.9%) since 2020 and continues to expand rapidly with extensive residential and commercial construction currently taking place nearby. Real estate appraised at $525,000 in 2022 and has appreciated since, as the market has grown. The car wash is centrally-located in a highly-visible and heavily traveled area. This property saw renovations and user upgrades in 2022-2024. Value-add opportunity exists. Owner is willing to sell this property individually or combined with the car wash at 690 W Spring Street, Monroe, GA.
- Centrally located
- In-place 2025 annualized NOI of $106,949
- Employee in place for cleaning and basic maintenance - can be absentee run. Owner currently works about an average of 5 hours per week.
- Zoned Commercial B-2 with redevelopment potential
- Addition of ceramic wax in self serve bays in 2025, which will drive increase in revenue
- Limited competition in the area
- Atlanta MSA
- Real estate is included
- Training to be provided by seller
- Owner is not currently offering seller financing unless substantial down payment is provided
- Centrally located
- In-place 2025 annualized NOI of $106,949
- Employee in place for cleaning and basic maintenance - can be absentee run. Owner currently works about an average of 5 hours per week.
- Zoned Commercial B-2 with redevelopment potential
- Addition of ceramic wax in self serve bays in 2025, which will drive increase in revenue
- Limited competition in the area
- Atlanta MSA
- Real estate is included
- Training to be provided by seller
- Owner is not currently offering seller financing unless substantial down payment is provided
About the Business
- Years in Operation
- 27
- Employees
- 1 (1 Part-time)
- Facilities & Assets
- This car wash has seen major updates and improvements, both functionally and aesthetically, to enhance customer satisfaction, including but not limited to, credit card, apple pay, and google pay acceptance. Owner enhanced chemicals and delivery systems. Touch-free auto has been updated to include latest ceramic wash technology. There are new functions in self serve bays and vacuums have been serviced to provide peak suction and more.
- Market Outlook / Competition
- Quickly expanding market and limited competition
- Opportunities for Growth
- Consistently growing over the past 3 years with updates and upgrades, both functionally and aesthetically. Growth is expected to continue with growing town and by providing a consistent and superior customer experience. Value-add opportunities available.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 3,946
About the Sale
- Seller Motivation
- Other business opportunities
- Transition Support
- 2-3 weeks provided. Negotiable. Would like to see the next owner succeed.
- Financing Options
- Buyer to bring financing, unless buyer provides significant down payment
Listing Info
- ID
- 2431253
- Listing Views
Business Location
Listing ID: 2431253 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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