SPEEDY MIKE'S CAR WASH

INVESTMENT HIGHLIGHTS

• OWNER/USER OPPORTUNITY – Opportunity to acquire the business, building, and underlying real estate.
• UNLIMITED WASH CLUB – These provide reliable sources of income making up for slower days and inclement weather.
  • $20, $27, $32, and $40 recurring monthly options.
• NEWER CONSTRUCTION – Speedy Mike’s Car Wash is built with state-of-the-art features. This location opened in 2021.
• HIGH RATING – This site has a Google rating of 4.8 stars with over 130 reviews.
• STRONG DEMOGRAPHICS – There is a population of ±49,122 within a 5-mile radius of the property with an average household income of $133,320.
• IDEAL TRAFFIC PATTERNS – This facility has ±12,114 VPD driving by with a slower speed limit of 35 MPH contributing to ideal car wash traffic patterns which is reflected in the sales report for this property.
• E-COMMERCE RESISTANT – The car wash industry has thrived despite the presence of E-Commerce.
• SPECIAL TAX ADVANTAGE – ACCELERATED DEPRECIATION – Under IRS Code Sections 179 & 168(k), these types of properties can qualify for business expense deductions up to 40 percent of the cost in the first year. Some car washes even qualify for “bonus depreciation” for personal property acquisitions in addition.