UNDER CONTRACT... CAR WASH..AT $500,000 UNDER APPRAISAL !! 4530 Western Center Blvd, Haltom City, TX 76137, USA
UNDER CONTRACT... CAR WASH..AT $500,000 UNDER APPRAISAL !! UNDER CONTRACT... CAR WASH..AT $500,000 UNDER APPRAISAL !!
Property Overview
Price/Rent PSF Inquire
Asset Type Specialty
Trade Type Sale
SQ. FT. Available 87991.00
Date Available 08/04/2020
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Description

THIS IS THE DEAL OF 2020 **

BUY A PROPERTY AT $500,000 UNDER APPRAISAL!

APPRAISAL IS FOR THE LAND AND BUILDINGS ONLY!

THE APPRAISAL DOES NOT INCLUDE THE CAR WASH REVENUE!

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MUST CLOST BY 12-21-2020 !

SEE BELOW THE HUGE INOME POTENTIAL OF THIS PROPERTY !!!

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TOTAL SALES HISTORY FOR 5 YRS

2015-2019 average sales $1,275,000

2015-2019 average profit $303,420

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LUBE SALES HISTORY FOR 5 YRS

2015-2019 average lube sales $413,230

Owner closed lube shop, slowing down his work

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WASH SALES HISTORY FOR 5 YRS

2015-2019 average car wash sales $757,512

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CURRENT CAR WASH SALES (NO LUBE)

2020 projected car wash sales $747,000 (closed almost 7 wks )

2021 projected car wash sales $$886,000 (no closing )

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ASSET VALUES:

Current Appraisl $2,465,000

2.02 acres- 87,991 sq ft

Buildings 8740 sq ft

Great private offices with conference table etc

MANAGER IN PLACE FOR 15 YRS

NEXT TO CVS AND KFC

120 feet tunnel

Bellanger equipment

ICS pos system

8 vac drops

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PROPERTY ANALYSIS FOR OWNERS -FMV $2,800,000

1-2020 Sales

Jan-78121

Feb-99854

Mar-39522- ½ mo closed

Apr-18356 – open 1 week

May-50084

June-69526

July-64009

Aug-71889

Total-501,166

Total less 2 covid months -443,288

Average Sales less 2 covid months- 73,881

Average Sales x 12=proj next 12 months-886,576

Average profit is a minimum 30% of sales

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ADD LUBE SHOP IF DESIRED

3- If the new owner adds Lube would add +/- 350,000 (5 yr history)

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DO THE MATH AND CALL

ELLIOT SILVERSTONE, CCIM 512 796 1001***

Thank you,

Location

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