HS Listing ID-40281
Owner/User Opportunity – Opportunity to acquire the business, building, and underlying real estate.
Motor City Equipment – Motor City Wash Works, has built a reputation as an industry leader by providing some of the highest quality equipment in the business, backed up by the highest level of service and support.-Motor City Website.
High Traffic Count – Interstate 35 Frontage Rd sees over ±24,000 VPD, driving potential business.
• Affluent Area – The average household income within a 2-mile radius of these sites is ±$98,000.
• Ideal Size/Layout – This site sits on ±1.36 acres with a 125 ft tunnel, 2 pay stations, and 15 vacuums.
• Robust Population Growth – The average annual population growth from 2022-2027 is 5.7% within a 2-mile radius.
• E-Commerce and Pandemic Resistant – The car wash industry has thrived despite the presence of e-commerce and COVID-19.
• Special Tax Advantage – Car washes present accelerated depreciation opportunities for tax savings. Under IRS Code Sections 179 & 168(k), these types of properties can qualify for business expense deductions up to 80 percent of the cost and bonus depreciation in the first year.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
