Car Wash Portfolio - 3 Sites Atlanta MSA Semi-Absentee 12% CAP

Asking Price$4,700,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,600,000
Included in asking price
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Car Wash Portfolio - 3 Sites Atlanta MSA Semi-Absentee 12% CAP


Asking Price$4,700,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,600,000
Included in asking price
Business Description
Prime turn-key investment car wash opportunity in Norcross, Winder, and Monroe, GA. These car washes are comprised as follows:
Norcross - 8 self-serve bays and 9 vacuums
Monroe - 6 self-serve bays and 1 touch-free in-bay automatic. 5 vacuums.
Winder - 6 self-serve bays and 1 touch-free in-bay automatic. 6 vacuums.

These cities have seen significant population growth and continue to expand rapidly with extensive residential and commercial construction currently taking place. The car washes are centrally-located in each city in highly-visible and heavily traveled areas. These properties saw renovations and user upgrades in 2022-2024. Value-add opportunity exists at all locations. Willing to sell as packaged or individually.

- 2025 NOI is $560,336 (annualized).
- All locations have employees in place for cleaning and basic maintenance - can be absentee run
- Zoned Commercial with redevelopment potential
- Addition of ceramic wax in self serve bays in 2025 at all locations, which has driven increase in revenue
- Limited competition in the area for all car washes
- Atlanta MSA
- Real estate is included
- Training to be provided by seller
- Value-add opportunities exist at all locations
- Norcross location - 5576 Buford Highway, Norcross, GA 30071
- Winder location - 78 W Athens St, Winder, GA 30680
- Monroe location - 690 W Spring St, Monroe, GA 30655
About the Business
Facilities & Assets
All car washes have 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. There are new functions in self serve bays and vacuums have been serviced to provide peak suction, and more.
Market Outlook / Competition
Rapidly growing cities and limited competition in the area.
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 towns and by providing a consistent and superior customer experience. Value-add opportunities available at all locations.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Other business opportunities
Transition Support
1 month of training provided. Negotiable. Would like to see the next owner succeed.
Financing Options
Buyer financing preferred. Owner is open to seller financing with 50%+ down payment
Listing Info
ID
2450391
Listing Views
Business Location

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Business Listed by: Parenn Mulji

Listing ID: 2450391 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.