41241 Florida Ave Hemet, CA 92544
This exceptional investment opportunity presents a well-established, full-service car wash in Hemet, California. Located on Florida Avenue, a major thoroughfare with a daily traffic count of 27,723 vehicles, this 4,446 square foot facility sits on a 0.51-acre lot and boasts a 100-foot tunnel. Built in 1965, the car wash has served the community for over 57 years and presents a strong foundation for continued success. The property's prime location benefits from a densely populated area, with a daytime population of 33,012 and a total population of 184,474 within a 15-minute radius, boasting an average household income of approximately $73,421. The business is priced at $400,000, and the seller may offer financing options, including carrying a note with a 50% down payment for the business or a 30% down payment for both the business and land. The property's current configuration allows for potential conversion to an express or flex car wash model, catering to evolving market demands. This presents a unique opportunity for both established and aspiring entrepreneurs seeking a profitable venture in a high-traffic, densely populated area. The asking price for the entire property is $1,350,000. SBA financing may be available to qualified buyers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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