$2,150,000.00

Auto Lube Center & Full-Service Car Wash – Houston Region

PROPERTY ID: 2960 REDUCED! For Quick Sale

Full-service car wash with express lane, and auto service and repair center.  Built in 2004, full-service vacuum bays (no free vacs).

Lube center has 4 lube bays, 1 inspection bay, 1 lift bay (mechanical).  Services include Oil/Lube, Inspections, Service, Repairs, Bodywork & Transmissions.

Business is on 1.03 acres, but property includes an additional 0.57 acres behind the business.

Great owner/operator opportunity.

At $2.3M with 20% down ($460K): (Based on 2017)

  • Cash on Cash Return: 30%
  • DSCR: 1.98
  • Cap Rate: 13%

 

Details

Listing # : 2960
Car Wash Type : Full Service
Price : $2,150,000.00
General Regions : Houston+
State : Texas
Status : Available
Year Built : 2004
Tunnel Equipment: : Belanger
POS System: : DRB System
Other services : Lube and auto services
County : Lubbock

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