HS Listing ID-71851

Business + Real Estate For Sale

Real Estate: $1,600,000
Business: $395,000
Total Sale Price: $1,995,000

Building Size: 7,352 SF
Lot Size: .81 AC
Zoning: C-1

Rare opportunity to acquire a well-established, full-service tunnel car wash in one of Southern Indiana's most active commercial corridors. The business has operated for decades, benefiting from frontage on a high-traffic arterial reporting over 20,900 vehicles per day. The 0.81-acre site features a 6,392 SF tunnel wash building with Belanger equipment — considered top-of-the-line in the industry — along with a separate 960 SF detail garage offering immediate ancillary revenue potential. The property is in good condition with no deferred maintenance, and the current operation runs without a POS/management system, meaning a new owner can implement modern technology, membership programs, and targeted advertising from day one. Whether repositioned as a high-volume express wash, optimized as a full-service operation, or scaled with a recurring membership model, this asset presents a compelling value-add story in a growing market. Appraised at $2,000,000 in August 2022.

Proven Location, Immediate Upside — 20,900+ VPD with no wholesale accounts on the books, meaning all revenue growth flows directly to the bottom line.

Value-Add Play — Convert to Express — Eliminate labor-intensive full-service model, dramatically reduce payroll, and reposition as a high-margin express tunnel wash, the fastest-growing segment in the car wash industry.

Detailing Garage Adds Ancillary Revenue — Separate 960 SF detail center on-site is a ready-made profit center with strong potential to generate an estimated $10,000/month in additional income.

Top-of-the-Line Equipment, No Deferred Maintenance — Belanger tunnel system (6–7 years old, 15–20 year life expectancy) in average-to-good condition; property requires no immediate capital expenditure.

Untapped Revenue Streams Ready to Activate — No membership program, minimal advertising, and no digital presence currently in place — a new operator can quickly layer in recurring monthly revenue, loyalty pricing, and modern marketing to accelerate NOI

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Listed By SFR Realty Jason Green Indiana License #RB20000977