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Business For Sale
NORTH TEXAS LASERWASH PORTFOLIO (6 LOCATIONS)
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Asking Price: |
$2,805,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Car Wash, Detailing
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Reason for Selling:
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Retirement |
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Year Established:
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2001 |
Business for Sale Overview:
Marcus and Millichap is pleased to present the North Texas Laserwash Portfolio. These six (6) stand alone in-bay automatic laser washes are attractive and well-maintained properties, providing a cash-flowing turnkey business with little management. Each of the properties is located in a Super Wal-Mart parking lot, designed to provide customers with a fast and easy way of getting a quality wash while coming and going from the store. Each property accepts credit cards and sits adjacent to a Murphy Oil gas station, where customers can conveniently pay for their wash at the pump. Security cameras at each location provide remote surveillance via the internet. Cleaning and maintenance are provided locally, and are already included in the expenses. These properties provide a high return investment with little management.
Property Features and Assets:
These properties are located in the following cities: Hickory Creek, Sherman, Canton, Mineola, Marshall, and Texarkana. They feature brick construction, neon marquees for increased visibility, and Laser wash 4,000 equipment. The Laser wash 4,000 offers four levels of car washes, which can be paid for with cash or credit cards. Customers can also pay for their car wash at the adjacent gas station while buying fuel. Each property has two or three video surveillance cameras with remote access over the internet.
Market Competition and Expansion:
In-bay automatic car washes are the most efficient car washes to own in good retail locations. They provide the highest rate of income per square foot, and offer the highest return per dollar of expenses. One automatic is the equivalent of four bays of self service, equating to less property taxes. Additionally, the sites are unattended, requiring little payroll expenses. They provide a great value to the owner and the customer.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This may become a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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