506 Junction Hwy - Car Washes FOR SALE


Kerrville, TX 78028
$1,950,000 USD
602-770-4040
506 Junction Hwy, Kerrville, TX for Sale
$1,950,000 USD
Car Washes - FOR SALE
1/11
null | 8% Cap Rate

506 Junction Hwy
Kerrville, TX 78028


HIGHLIGHTS

  • Express wash will land
  • fully functional and seasoned staff in place
  • Motivated seller for all 3 wash locations as a package

OVERVIEW

Express car wash in San Antonio area on .53 acre land, fully functional, Sonny's equip, 80' conveyor, built 1998, in like new condition, fully seasoned employees, 11 vacs, absentee owner. Market below asst value, motivated seller. SBA approved for loan, lenders have pre approved for a loan, call for details. Over 1400+ MEMBERSHIPS !!!!! Seller has a total of 3 express washes, all with LAND in San Antonio area, call for portfolio; can be purchased solo or as a total package for $6.6M. Kerrville as of yesterday we started hand drying all vehicles daily. $2 Price increase for all single washes and $7 increase per membership. This will increase revenue monthly by $16k and adding $6400 to payroll = a net of almost $10k per month. We have found a person to lease the 2 bay areas that are empty for $1100 per month-18 month lease.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$379 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Express Kerrville Texas $1.95M reduced

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

C2

APN/PARCEL ID

R40618

ASK ABOUT THIS PROPERTY

Roger PencekABI LLC, & Car Wash Brokers, Inc.More Info
602-770-4040

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Roger PencekABI LLC, & Car Wash Brokers, Inc.More Info
602-770-4040

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.