7742 Auburn Blvd, Citrus Heights, CA 95610
1,935 SF Specialty Building Offered at $2,450,000 at a 11.22% Cap Rate in Citrus Heights, CA 95610
For Sale
Active
Asking Price $2,450,000
- Property Type
-
Specialty
- Square Feet
- 1,935 SF
- Price / Square Foot
- $1,266
Listing Contacts
Jeff Klein
- Property Info
Property Overview
EXTREMELY SUCCESSFUL SELF-SERVE CAR WASH, HIGH TRAFFIC CORNER LOT WITH BILLBOARD INCOME
Founded 21 years ago, Citrus Heights car wash is the envy of other car wash owners in the Sacramento region. It has demonstrated strong revenue through droughts, covid, and with a very loyal customer base, it is one of the safest, turn-key and highly profitable investment opportunities you will find. Supplemental income through the lease of the billboard brings an added bonus with guaranteed incremental income each year. Customers satisfaction is high with 4.5 star ratings on Google and Yelp. The owner/manager has worked hard to bring an excellent experience to each customer by providing a clean, safe, & well maintained environment. The car wash includes a 31 camera security system, modern payment system, consistent high pressure (1100 psi) nozzles, highest quality hogs-hair bubble brush, in bay dryer (320mph), LED lighting, a fully upgraded pump room (with a dry floor) with modern equipment to best serve customer's needs. The quality of the car wash business starts with the thoroughness and organization of management to stay on top of maintenance, plan for quick repairs with easily accessible parts, and maintenance records to best monitor the equipment which must be kept working for excellent customer experience. Take notice to the organization of the supplies, equipment and tools along with a DRY pump room indicating there are no active leaks leading eventually to bigger issues. NOTE: Intersection at car wash has average cars per day of 106,220.
.
RECENT UPGRADES
* 5 Doyle upright vacuums (March 2024)
* Hydrominder system (2023)
* Coinless payment app (2022)where customers can enroll in a loyalty program
* Low-pressure system upgraded (2021) (custom manifolds, ARO low-pressure pumps, solenoids, and color-coded poly-tubing)
* Custom wrought-iron fence in (2020)
* New Overhead bay booms (2019)
* Diskin Air Shammee II in-bay dryers (2018)
* Culligan water softener & EMAX Air Compressor (2017)
Founded 21 years ago, Citrus Heights car wash is the envy of other car wash owners in the Sacramento region. It has demonstrated strong revenue through droughts, covid, and with a very loyal customer base, it is one of the safest, turn-key and highly profitable investment opportunities you will find. Supplemental income through the lease of the billboard brings an added bonus with guaranteed incremental income each year. Customers satisfaction is high with 4.5 star ratings on Google and Yelp. The owner/manager has worked hard to bring an excellent experience to each customer by providing a clean, safe, & well maintained environment. The car wash includes a 31 camera security system, modern payment system, consistent high pressure (1100 psi) nozzles, highest quality hogs-hair bubble brush, in bay dryer (320mph), LED lighting, a fully upgraded pump room (with a dry floor) with modern equipment to best serve customer's needs. The quality of the car wash business starts with the thoroughness and organization of management to stay on top of maintenance, plan for quick repairs with easily accessible parts, and maintenance records to best monitor the equipment which must be kept working for excellent customer experience. Take notice to the organization of the supplies, equipment and tools along with a DRY pump room indicating there are no active leaks leading eventually to bigger issues. NOTE: Intersection at car wash has average cars per day of 106,220.
.
RECENT UPGRADES
* 5 Doyle upright vacuums (March 2024)
* Hydrominder system (2023)
* Coinless payment app (2022)where customers can enroll in a loyalty program
* Low-pressure system upgraded (2021) (custom manifolds, ARO low-pressure pumps, solenoids, and color-coded poly-tubing)
* Custom wrought-iron fence in (2020)
* New Overhead bay booms (2019)
* Diskin Air Shammee II in-bay dryers (2018)
* Culligan water softener & EMAX Air Compressor (2017)
Property Details
- Class
- C
- Year Built
- 1982
- Stories
- 1
- Property Subtype
- Car Wash
- Lot Size (sq. ft)
- 15,682 SF
Highlights
- Turn Key Profitable Car Wash with a long history of serving a large customer base with it's corner lot
- Supplemental Income through a billboard lease
- Modern and Upgraded Car Wash utilizing Tokens, Credit Card, Touchless App, in bay hand held dryers, and 5 new Doyle upright vacuums
- 5 Wash bays, 7 vending machines, LED lighting, highest quality hogs-hair foam brush, high pressure nozzles, carpet shampooer and spot removal
- Newly upgraded Hydrominder system (2023) & Entire low-pressure system upgraded in (2021)
- Coinless payment app installed in (2022) which customers have loved using and getting loyalty rewards
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