5155 Austin Bluffs Pkwy Colorado Springs, CO 80918

This exceptional 4,008 sq ft car wash in Colorado Springs, CO, presents a unique owner-user opportunity. Built in 2004 and situated on a 0.64-acre lot at 5155 Austin Bluffs Pkwy, this well-maintained property boasts six bays (one automatic, five self-serve) and five vacuum stations. The asking price is $1,300,000, representing an 8.4% cap rate and 11.9x EBITDA CFx on year 1 forward income, with a strong NOI of $109,200. The business, established in 2004 by the original owner/operator, benefits from a loyal customer base and high-quality equipment, including Mark VII Aquajet units, hot/cold water tanks, and industrial vacuums (full list available). The glazed block construction is durable and weather-resistant. The property features ample parking (7 spaces), a water reclaim system, security cameras, and a heated floor system for year-round operation. Located on Austin Bluffs Parkway, with high daily traffic volume (24,000 vehicles), this site enjoys excellent visibility and convenient ingress/egress. The surrounding area has a strong demographic profile, with approximately 149,000 residents within a 5-mile radius and an average household income of ~$111,000 annually. This presents multiple business execution plans: continue operating the existing business, lease the property, or implement value-add strategies like a membership program. Colorado Springs' weather, with abundant sunshine and snowfall, ensures consistent demand for car washing services.