2 Locations

• 2-Unit Portfolio Owner/User Opportunity – Opportunity to acquire the building, business and underlying real estate for two established car washes in Huntsville, AL.

• New IBA Systems | Significant Cap-Ex Improvements – Both sites are subject to new Istobal Equipment, allowing a new owner/operator to take over a turnkey operation. Additionally, a majority of equipment has been installed in the past 2 years.

• Strong Financial Performance | 35.56% YoY Revenue Growth – Both washes have proven an established local track record, resulting in strong profit margins and high overall profitability. Revenue has increased over 35% from 2024 to 2025.

• Limited Direct Competition | Ability To Incorporate Unlimited Memberships – The surrounding area shows minimal saturation of similar car wash services, and any nearby new entrants are not expected to significantly impact customer retention due to the site’s proven service quality, trusted reputation, and local brand recognition. New Operator has the opportunity to incorporate unlimited membership plans.

• Well Kept Facilities – Current ownership is local to the subject assets and has done an excellent job maintaining the condition of the properties. The next owner will enjoy a highly reduced level of expected deferred maintenance.

• Special Tax Advantage – 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.

*Matthews™ does not provide tax, legal or account advice. This is for informational purposes only and is not intended to provide or be relied on for tax, legal or accounting advice.