0 Premiere State Of The Art Expy Car Wash, Belews Creek, NC 27009
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.