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    OFF-MARKET
    Commercial real estate

    0 Premiere State Of The Art Expy Car Wash, Belews Creek, NC 27009

    Property ID
    Property summary
    AI-generated overview

    This premiere express car wash in Belews Creek, NC, boasts a state-of-the-art facility established in 2022. Averaging 125-150 cars daily, it's projected to reach 300 cars/day, generating $700,000 in annual free cash flow. Approximately 800 subscription memberships contribute to roughly 50% of revenue, with first-time users accounting for 25% of non-member traffic. Located on a high-traffic corner (33,000 cars daily), near major businesses and 1.5 miles from a university, this turnkey operation requires no immediate capital expenditures. The business benefits from a strong online presence (800+ Instagram & Facebook followers) and a stable team of 8-10 attendants. Brand new, state-of-the-art equipment (approximately 1.5 years old) ensures low labor costs, ideal for an owner-operator. Annual sales are $1,000,000, with $825,300 in furniture, fixtures, and equipment (FF&E). This exceptional opportunity offers significant growth potential and a strong return on investment. The asking price is $1,700,000.

    Property profile
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    Property type Commercial real estate
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Allowed · conditional · prohibited
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