SOLD***.. CAR WASH..AT $500,000 UNDER APPRAISAL !!
Commercial real estate listings in 251 Players Cir, Southlake, TX 76092, USA
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Listing was updated on: 05/16/2021
location icon 4530 Western Center Blvd, Haltom City, TX 76137, USA
Specialty / Car Wash for Sale
87991.00 sqft
from August 04, 2020
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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The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.