In recent years wash facilities have become a popular investment for business income and 37% of all these existing enterprises today have opened in just the past five years. The total gross revenue is almost a Six Billion Dollar industry nationwide. People pay to have over eight million cars washed every day throughout the country. An in-bay car wash generates an average of approximately $140,000 per year with an annual net profit at close to $90,000. Now a turnkey commercial opportunity to own a car wash is available in southern Walton County and is located right on Emerald Coast Parkway, (Highway 98), near Santa Rosa Beach. It is extremely close to Scenic County Highway 30A, just east of its junction to Highway 98. This prime commercial location has an impressive traffic count that averages over 40,000 vehicles per day.
The existing Santa Rosa Beach business receives favorable Four Star Reviews from customers and currently has the highest rating when compared to other local car washes. The business also has a professional website for marketing and car wash operations. This enterprise provides a full-service car wash seven days per week from 9 am till 5 pm but is also open for self-serve 24 hours per day. Full-service washes range from $8 to $25 while a “Premier” car wash service with hand applied hard paste wax goes for $45. There is also a special “Drop Off” service charges $99.
This car wash is located on .62 acres land that has an unincorporated general commercial zoning as designated through Walton County Planning and Zoning. The General Commercial land use also allows for offices, retail businesses, wholesale operations, lodging facilities, restaurants, shopping centers, medical facilities, fueling or gas stations, repair shops, convenience stores and grocery stores.
Although there are no other properties of this type currently listed for sale, there are vacant commercial properties along Highway 98 one acre or less that are listed unimproved between $495,000 and $695,000 for an average of $595,000. Note that the listing agent is also a licensed Realtor.
This property with a successful turnkey business operation is listed at $1,599,000. Let Ocean Reef Real Estate help you get more detailed information at (877) 392-6085. If this opportunity is of interest, we can provide professional consultation, a commercial property analysis, revenue information, cost analysis and help as a mediator when you start negotiations.