Self Serve Car Wash 56%–60% Net Margins

Self-Serve Car Wash Investment with High Margins, Bonus Depreciation, and Prime Real Estate in Rapidly Growing West Valley, Utah This is a rare opportunity to acquire Car Wash, a fully renovated, 6-bay self-serve facility located in the heart of West Valley City—Utah’s second-largest city and one of the fastest-growing municipalities in the Salt Lake metro. With no new self-serve washes built in the area in over a decade, this property is uniquely positioned to serve an underserved market, offering strong, reliable income with minimal operational complexity. Property Highlights: • 6 Self-Serve Bays with modern equipment, including high-pressure hoses, foaming brushes, vacuums, and vending stations. • Fully Renovated in 2020–2021 — Equipment, infrastructure, and systems were all upgraded; this is a turnkey operation with low maintenance needs. • High Net Profit Margins — Operating between 56% and 60% net profit margins over the past 3 years. • Year-over-Year Growth — Since 2023, gross revenue is up 20%, and NOI is on track to exceed 35% growth, even amid rising tunnel wash competition nearby. • Minimal Oversight Required — The car wash runs with just one part-time employee, keeping OpEx lean and operational risk low. Financial Snapshot (TTM): • Gross Revenue: $145,000+ • Net Operating Income (NOI): $84,000–$88,000 • Cap Rate (at asking): 7.5%–8.0% depending on buyer structure • Projected 2026/2027 Growth: 9% revenue CAGR with 6% COGS increase, based on historical performance Location Advantages: • Hard Corner Lot with high visibility and strong drive-by traffic • Excellent Demographics: • 1 Mile Radius: 9,500+ households • 3 Mile Radius: 47,000+ households • 5 Mile Radius: 74,000+ households • Strong mix of single-family, multifamily, and retail traffic • West Valley City is home to over 140,000 residents and continues to experience strong commercial and residential growth. The immediate area is also underserved by self-serve washes, with increased tunnel wash saturation further highlighting the value of a low-cost, no-membership alternative like Flying Frog. Investment Upside: • 100% Bonus Depreciation Eligible — Take advantage of current tax law and use the car wash to shelter active or passive income through aggressive depreciation. Ideal for high-income individuals or entities looking for tax-advantaged investments. • 1031 Exchange Ready — Solid cash-flowing asset with stable income and appreciation potential, perfect for rollover investors. • No Franchise Fees or Brand Restrictions — 100% independent, allowing buyer full control to rebrand, bundle with a portfolio, or leave as-is. Why It’s a Smart Buy: • Self-serve car washes continue to hold value due to simplicity, low maintenance, and flexibility — and they’re increasingly hard to find. • Car Wash has proven it can thrive even in a more competitive wash market. • This is not just a business—it’s a real estate play in a growing city, with plenty of upside from both cash flow and underlying land appreciation.