Chris Kim
Pro Realty
Postings
Los Angeles County, California
2023 Built Express Car Wash + Real Estate (Ideal for 1031 Exchange)
$ 7,000,000
CF : $ 396,000
Unveiling a prime opportunity to acquire a state-of-the-art Express Tunnel Car Wash combined with Real Estate in the coveted Montebello area of Los Angeles County, California. This turn-key car wash business was meticulously built from the ground up in 2023, equipped with cutting-edge technology and machinery. With no deferred maintenance or costly conversion expenses, this business is poised to generate cash flow from day one. The asking price for this combined business and real estate is $7,000,000. The business showcases a strong financial performance with average gross sales ranging between $800,000 - $900,000, displaying a steady upward trend. The monthly net income stands at approximately $33,000, indicative of a high-margin operation. A robust recurring revenue base is ensured by approximately 700 active members of the wash club. The lot size stretches across 26,174 SF, providing ample space for high volume and smooth traffic flow. The building itself spans 4,420 SF and houses a 120-ft Sonny's Conveyor, Smart IQ System, and 21 high-power vacuums. The business operates efficiently with a lean team of just five employees, and the owner enjoys a semi-absentee management style. Strategically located at a high-traffic intersection , the business benefits from excellent visibility and high daily traffic counts. Seller financing is available for highly qualified buyers, with terms of up to 20% down for a 5-year term.