Native Realty is proud to market for sale this full-service car wash with prime frontage on Federal Highway in Fort Lauderdale. The listing includes all land, improvements, FF&E, and goodwill associated with the business.
As a family-owned operation for over twenty years, the business carries with it serious brand recognition and has hundreds of four and five star google reviews to show for it. The wash will soon begin capital improvements with the goal of increasing throughput and reducing labor costs while continuing to fill the need for higher-end, full-service washes.
This opportunity holds significant upside potential for a savvy operator of the belief that the industry’s shift to the ‘express’ model creates whitespace for those positioned as a premium service. Additionally, buyers could reap significant benefits in the near-term by implementing subscription pricing models and/or focusing on ancillary, higher margin services such as detailing.
Property Overview:
Address: *Not disclosed*
Price: $6.5M
Building: 4,586 SF
Land: 25,000 SF
Zoning: B-1
AADT: 51,000
Business Overview:
Approx. Gross Earnings: $1.1-1.3
Approx SDE: $350-375K / Yr
Car Count: 50,000-60,000 / Yr
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Property Features
- 24 Hour Access
- After Hours HVAC Available
- Ample Parking
- Natural Light
- Private Restrooms