Halo Car Washes Available - Two locations
|Catylist Listing ID:
|Building Size (RSF):
|Name of Establishment:
||Halo Car Wash
|Year Business Established:
|Cash Flow Type:
||Cash at closing, immediate possession, 30 day owner training.
Overview / Comments
Profitable, successful, and well maintained car washes. Excellent opportunity for passive income. Both properties are located a block or less from hard stoplights and two of the busier Evansville travel corridors, North First Ave and North Green River Rd. Both car washes are located in busy commercial business areas, and close to large residential communities. Owners have continually improved the properties and have updated almost all the equipment since purchase, including new credit card systems on all bays and vacuums, and a new laser automatic wash bay in 2018. Potential for increased sales at the Morgan Center car wash due to a nearby competitor closing. Business could also be increased at both locations with consistent advertising.
Car Washes can be purchased separately - North Park @ $925,000 and Morgan Center @ $450,000. Cap rate for both @ 14%, North Park @ 15%, and Morgan Center @ 11%.
Financials provided to qualified buyer upon request.
Attachments & Media
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|Value of Furniture, Fixtures, and Equipment ($):
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|Value of Real Estate Included ($):
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