11 Locust St Pompton Lakes, NJ 07442-2118
This thriving, full-service car wash located at 11 Locust St, Pompton Lakes, NJ 07442, is a fantastic investment opportunity. Built in 1930, this established business sits on a 0.25-acre lot and is offered at $1,800,000. The car wash offers a comprehensive range of services, including exterior hand washes, professional interior/exterior detailing, full-service interior cleaning, speedy oil changes, ceramic coating, dent removal, and engine cleaning. This diverse service offering caters to a wide customer base, maximizing revenue streams. A key factor contributing to its success is a rapidly expanding subscription club, demonstrating strong customer loyalty and a reliable recurring revenue model. The business benefits from a prime location with high foot traffic, ensuring consistent customer flow. Operating seven days a week, this car wash presents a unique opportunity to acquire a profitable and well-established business with significant growth potential in a desirable New Jersey location. The business is being sold as a business only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DBD · Pompton Lakes, NJPompton Lakes. Always verify with local authorities before improvements.
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.