Price Reduced!! Suttons Bay Car Wash
The Only Car Wash in The Entire County!!
Marketing description
Opportunity is knocking with a chance to acquire the only car wash in coveted Leelanau County Michigan. The property is located just off M22 at the south entrance to the village. Annualized average daily car count is approximately 7000 vehicles. The car wash is part of a bustling plaza that also hosts a grocery, medical practice + medical lab, the township offices, multiple banks and other small businesses. One Acre of ground in a premium location!
The car wash business is comprised of 3 self-serve bays + an automated bay and multiple coin operated vacuums. There is also a bill changer and coin operated vending machine for car wash customers to purchase things like air fresheners for their vehicles. The self serve bay doors are high enough to accommodate boats and other outdoor toys.
Investment highlights
Car washes are notoriously cash intensive businesses.
Employing targeted tax strategies such as Special Depreciation can create an ideal situation.
Ownership details can also have an impact. The current owner owns the property in one entity and the business in another, allowing the business entity to rent the property from the ownership entity, maximizing depreciation and controlling the self employment tax burden.
Opportunities for strategic partnerships and cross marketing abound right in the plaza not to mention the entire county.
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