Two Car Wash Locations for Sale in Mississippi

Overview: This exclusive package deal includes two car wash for sale, offering a comprehensive investment opportunity in the car-care industry. Both properties are being sold together and include all assets, such as the buildings, carwash equipment, furniture and fixtures, inventory, and real estate. Located in prime areas with strong traffic, this package offers a blend of express exterior car washes and self-service options, presenting a profitable opportunity for the right buyer.

Property and Equipment Overview:

1. Express Exterior Car Washes (Both Properties): Each property operates under the popular express exterior business model, offering customers a quick, convenient carwash experience. These locations feature fully automated conveyor carwash systems, self-pay stations, and value-added amenities, including free-use vacuums.
2. Site 1: Built in 1995

Revenue and Profit:

In 2023, these properties collectively generated a Net Operating Income (NOI) of $235,000. The total gross revenue from both locations in 2023 amounted to $588,000, broken down as follows:

• Site 1: Express: $277,624 and Self-Service: $70,371
• Site 2: Express: $205,712 and Detail: $34,517

Business Model and Services:

The company generates revenue primarily from car-care services, which include:

• Exterior Express Car Washing
• Auto Detailing Services
• Self-Service Washes and IBA

Products used in the carwash process include optical brighteners, surface protectants that repel water, drying agents, and spot-free rinse water, all contributing to enhanced car-care results. The business uses a menu-merchandising approach, offering value-added services with each carwash package to increase the average per-car revenue.

Growth Potential:

The business does not currently engage in regular advertising or promotional campaigns, which presents a clear growth opportunity. Although the company does manage some third-party advertising related to monthly wash plans, there is significant room to increase market visibility through consistent promotion, including social media engagement and local marketing.

Challenges and Opportunities:

• Labor Challenges: The detail center at site 2 has faced staffing issues, resulting in limited service availability. This provides an opportunity for a new owner to revitalize this aspect of the business and increase overall profitability.
• Underutilized Marketing Channels: The lack of regular promotions and social media engagement offers an opportunity for a new owner to enhance the business's outreach and drive additional traffic to both locations.

Conclusion:

This car wash package represents a significant investment opportunity, combining a solid existing customer base with potential for growth through better marketing, revitalizing underperforming segments, and expanding services. With a combined NOI of $237,767 and the opportunity to secure owner financing, this deal is an ideal fit for an investor looking to enter the car-care industry with the support of established locations and equipment.