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Recently Renovated Flex Car Wash in Riverside County, CA
HIGHLIGHTS
• 15 Years Left on Initial Term, Plus Three 5-Year Options
• Proximity to National Retailers and QSR’s Including Costco, Target, McDonald’s and In-N-Out Burger
• Population Nearly 172,000 Witin a 5-Mile Radius
• Average Household Income Over $102,000 Within a 1-Mile Radius
• Visibility Along Major Thoroughfare with Exposure to Over 31,000 Vehicles Per Day
DESCRIPTION
Commercial Plus, Inc. is proud to present the opportunity to acquire the leasehold interest in a recently renovated flex car wash in Riverside County, CA. Situated on a spacious nearly acre-sized lot, this impressive car wash facility boasts a 10,460 SF building with three convenient pay lanes designed for maximum efficiency. The 100′ tunnel features an industry-leading Sonny’s conveyor system installed in 2022.
What truly sets this car wash apart is its strategic placement along a bustling thoroughfare, conveniently located just south of the I-10. Enjoying cross access with the adjacent gas station and lube service center, this prime location benefits from high visibility and traffic flow. Surrounded by a vibrant retail hub, featuring renowned national retailers and popular quick-serve restaurants, the location is both a draw for locals and a convenient pitstop for travelers. As of March 2023, the car wash has already garnered over 1,900 unlimited member subscriptions, with numbers steadily growing. Analyzing the performance from January through March 2023, we project an impressive annual revenue of $2.34 million and a robust EBITDA of nearly $875,000.
$7,000,000 | Click Here to Submit an Non-Disclosure Agreement
Alex Pavone | Commercial Plus, Inc.
Email | [email protected]
Dylan Price | Commercial Plus, Inc.
Mobile | 623.249.8637
Email | [email protected]
Office | 480.581.1000