Express Car Wash Business & Property
5,359 SF Specialty Building Offered at $2,199,000 in Palmdale, CA 93550
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,199,000
- Property Type
-
Specialty
- Square Feet
- 5,359 SF
- Price / Square Foot
- $410
Listing Contacts
Houmehr Panoussi
Verified Profile
- Property Info
Property Overview
Express Car Wash Business & Property, 1057 Reoccurring members
Business value included:
Fully redesigned and remodeled less than 2 years ago.
Exclusive car wash attached to IN-N-OUT Burger, a unique feature in Southern
California.
Over $1 million invested in remodeling and converting to express/full service.
High-quality tunnel over 100 feet in length, fully operational as an express
service.
Trained staff proficient in all operational aspects, suitable for absentee
ownership or portfolio addition.
10 vacuum stations are already in place.
Great opportunity to acquire an express car wash at a fraction of the cost to
build one.
Current Performance:
Cars Per Month: 3000+
Gross Annual Sales: $420,000 +
Net Annual income $200K + before mortgage payment
1057+ recurring members with an average monthly addition of 120 to 150
members. Projected 1500 Members by January 2025
Additional rental income of $1,900/month from tint tenant.
Projected Growth:
1-year projection: 5000+ cars per month, with an average revenue of $11+ per
car and a profit margin of 35% to 40%.
Estimated 2000+ members annually, resulting in gross sales exceeding $500,000
Gross sales per year.
Membership Management:
Partnered with Everwash platform for streamlined membership management.
Cutting-edge software for billing, collections, processing, and marketing.
Quick signup process with license plate recognition integration.
Payouts twice a month with transparent backend dashboard and 24/7 customer
service
Business value included:
Fully redesigned and remodeled less than 2 years ago.
Exclusive car wash attached to IN-N-OUT Burger, a unique feature in Southern
California.
Over $1 million invested in remodeling and converting to express/full service.
High-quality tunnel over 100 feet in length, fully operational as an express
service.
Trained staff proficient in all operational aspects, suitable for absentee
ownership or portfolio addition.
10 vacuum stations are already in place.
Great opportunity to acquire an express car wash at a fraction of the cost to
build one.
Current Performance:
Cars Per Month: 3000+
Gross Annual Sales: $420,000 +
Net Annual income $200K + before mortgage payment
1057+ recurring members with an average monthly addition of 120 to 150
members. Projected 1500 Members by January 2025
Additional rental income of $1,900/month from tint tenant.
Projected Growth:
1-year projection: 5000+ cars per month, with an average revenue of $11+ per
car and a profit margin of 35% to 40%.
Estimated 2000+ members annually, resulting in gross sales exceeding $500,000
Gross sales per year.
Membership Management:
Partnered with Everwash platform for streamlined membership management.
Cutting-edge software for billing, collections, processing, and marketing.
Quick signup process with license plate recognition integration.
Payouts twice a month with transparent backend dashboard and 24/7 customer
service
Property Details
- Class
- B
- Year Built
- 1994
- Stories
- 1
- Property Subtype
- Car Wash
- Lot Size (sq. ft)
- 28,750 SF
Highlights
- Newly remodeled in 2022 with state-of-the-art equipment
- Strategically located next to IN-N-OUT Burger on a major off-ramp Fwy-14.
- Additional rental income from window tint and U-Haul services.
- Property includes room for expansion and adding supplementary services
- New signal light installation just completed.
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].