Asking Price: $925,000

Gross Revenue: $103,754

Cash Flow: $77,335

Real Estate: $750,000 (Included in Asking Price)

Quality 5 Bay Self Service Car Wash with Touchless Automatic located on the main artery of Waverly, Virginia. Strategically situated on Route 460 (a main conduit between Richmond & Norfolk, Virginia), the 5 acre site consists of the Car Wash, 46 rental Self Storage units and a 1680 square foot tenant apartment. The property has the capacity for up to 15 more Self Storage buildings.

The Car Wash is a brick structure built in 2001. The automatic is manufactured by Magic Wand. All bays have heated floors. In addition, there are four vacuum islands and shampoo machines.

The Self Storage facility is made up of 2 metal storage buildings by Betco on poured concrete slabs, roll up metal doors, metal roofs, gravel driveways and exterior lighting. Approvals are already in place for 3 additional storage units.

The deluxe apartment has 2.5 baths, kitchen, and walk in closets in its 1680 square foot floor plan. Cherry wood cabinets, laminate & tile flooring, 32’ porch, 5 large rooms, and a 352 square foot office provide a quality environment for an onsite manager.

The current owner is not active in the business. Reason for sale is other business interests.

Purchase Price: $ 925,000
Gross Revenues: $ 103,754
Cash Flow: $ 77,335
Real Estate: $750,000 (included in asking price)