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Ar-107 Hwy
Sherwood, AR 72120

$1,085,000 USD

Carwash For Sale  •  4,571 SF

Property Details

  • Property Type Carwash
  • Total Building Size 4,571 SF
  • Lot Size 0.79 AC
  • Building Class B
  • Year Built 2004
  • Tenancy Single
  • Zoning C-3
12 Transit Score
36 Walk Score

Description

This business is a cash flowing real estate opportunity in the form of a Coin-Operated Car Wash with very valuable real estate. This business is a five bay - 2 automatic and 3 wands - coin-operated car wash priced below market value. This opportunity is priced based on the real estate value from a recent appraisal. In fact, the bank recently reassessed the current loan and updated the appraisal. The real estate appraised for approx. $100,000 more than the listed asking price.

This business produces a six figure cash flow - providing an investor with more than enough to cover debt and provide monthly cash flow for MINIMAL time involved. The current owner spends approximately 1 hour per week at the business.

4 Year AVERAGE Cash Flow is OVER $108,000!

Two top-of-the-line automatic washes. One is 4 years old. One is 10 years old, with a rebuilt system. Both are in excellent condition and top brand systems. Wands, hoses & pumps are in great condition, up-to-date, and the business comes with two backup systems, spare parts, hoses, pumps, etc. EQUIPMENT IS UPDATED, UPGRADED & IN EXCELLENT CONDITION!!

ASKING PRICE
$1,085,000 (real estate & business)

ASSETS: 
Equipment = $448,000 (included in Asking) 
Inventory = $10,000 (included in Asking)

Highlights

Positive Cash Flowing real estate investment for minimal time Involved.
Value backed by hard assets - which have appreciated in value since last appraisal.
Financing available over long term with favorable rates. SBA 504 loan program. SBA 7(a) loan program.
Real Estate priced under market value. Instant equity for a buyer.

Property Flyers

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Bill and Hillary Clinton Ntl/Adams Field 25 min - 15.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Shep Campbell 870-450-3734 Merger & Acquisition Specialists
Shep Campbell 870-450-3734 Merger & Acquisition Specialists