This Car Wash – Self Serve commercial property located at 4400 Canal St 4 in Houston is a Car Wash (Manual) property, in the 77011 zip code. This property boasts 1242 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1995 Eastwood Holdings Llc created 1242 SF of improvements. CXRE further estimates Eastwood Holdings Llc and the property’s previous owners, have realized approximately $56,900 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $0. Show Property Information
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This Car Wash – Self Serve commercial property located at 7423 Bissonnet St 9 in Houston is a Car Wash (Manual) property, in the 77074 zip code. This property boasts 2040 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1977 Cleancar Partnership Ltd created 2040 SF of improvements. CXRE further estimates Cleancar Partnership Ltd and the property’s previous owners, have realized approximately $83,200 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $0. Property Information
Financial Details
Business Overview: The owner has just reduced the asking price on this excellent five bay self service car wash with an automatic located in the east-central portion of Houston and Harris County. The wash was built in 2003 on a 18,200 Square Feet corner lot and is parallel to a four lane street with a traffic count of approximately 25,000 cars per day. The wash is brick construction with a metal roof, concrete drives and well landscaped. The automatic wash is a touch free. The five bays have tile walls and offer 9 wash options to include spot free and triple shine. The wash is one of the few in town who offers their customers hot water for their wash and rinse. The vending station with six vending machines is in the front and offers a variety of car care products. There are six vacuums with 3 carpet shampoo and 3 fragrance dispensers. Security camera’s are well positioned and can be set up so you can view the wash from your home or office computer. There is a large equipment room with Coleman equipment and an air conditioned office. The owner has a recent MAI appraisal for $530,000 which was based on the land, building and equipment – did not include the business - and he has reduced the asking price to $479,000. For additional information contact Al Heizer. To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page. Reason for Selling: Other business interests Additional Details:
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Is Buying a car wash profitable?Among the many advantages to owning a car wash, one of the most attractive to new business owners is the amount of profit one can generate. Small-scale, self-service car washes average just over $40,000 per year in profit while larger luxury car washes can net owners more than $500,000 per year.
How profitable is a hand car wash?Hand car-wash owners get their salaries from the profits their businesses earn. That said, they earned average annual salaries of $30,000 as of 2103, according to the job website Indeed.com. Some of these entrepreneurs learn the hand car wash business by working as managers at car wash establishments.
How much does it cost to open a car wash?The cost to build a car wash can range anywhere from about $50,000 to $3.5 million. Mobile businesses that require only trucks instead of a dedicated location like an automatic car wash franchise fall on the lower end. Those with large equipment and real estate generally fall in the $2 to $3 million range.
How much profit does a self car wash make?Average operating expenses for an automatic car wash are around 35% of gross sales. Labor costs are generally low, usually running around 13 percent of gross sales. According to a survey in Auto Laundry News, profits can range from $55,000 to $100,000 per year.
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Car wash for sale by owner houston
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