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13388509
13916386

US-1, Vero Beach, FL 32962

SZ
FL 3507062
SVN CP | Treasure Coast
Listed by SVN CP | Treasure Coast
$3,500,000
964 days on market
Updated 15 days ago

Car Wash / Auto Shop

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 7,618
Tenancy Single
Price per SqFt $459
Year Built 1983
Year Renovated 1996
Acreage 0.620
Zoning Commercial General
Ground Lease No

Two businesses in 1! Over $750k total NOI per year.

Marketing description

Amazing Opportunity to purchase an existing successful automotive repair facility and car wash on a prime corner of US Highway-1 in Vero Beach, FL! Real Estate and Business along with all supplies, parts, and equipment come with this purchase. This beautiful fully remodeled automotive repair facility features 2 drive through jumbo bays with vehicle service - inspection pits, a separate lift bay for mechanical repairs, 7 new flush machines, 2 new AC machines, new lift, diagnostic equipment, and a new alignment machine all paid for.

The automotive repair facility services over 125 cars per week and has multiple existing fleet contracts, grossing over a million in 2023 with zero advertising. The repair facility keeps a 58% margin that allows owners to profit over 500k per year. This repair facility has over 100 Google reviews just from the last 1 ½ years and the team is just getting started. This business is ready for an absentee owner. Adding a simple 19 cars per week would gross the business over 200k more while putting another $155k to the bottom line per year. The team is ready and willing to do more, the current owners just rely on word of mouth advertising.

6 bay car wash featuring 2 touchless automatic wash bays, 4 self-service wash bays, and 8 vacuums. The current owners bought 2 years’ worth of car wash chemicals all stored on site. The car wash grosses over $275k per year. This car wash has minimal operating expenses and is putting over $250k to the bottom line. The car wash complements the shop well, the team often runs customers vehicles through the car wash complementary and the community loves it.

Listing Contacts

SZ
FL 3507062
SVN CP | Treasure Coast
Listed by SVN CP | Treasure Coast

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Additional Information

Name
Samuel Zuker
License
3507062
Brokerage
SVN CP | Treasure Coast
Brokerage Phone
772.465.2000
Title
Senior Advisor
Brokerage Address
2705 Peters Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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