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31400411
31400440

Bethelview Rd, CUMMING, GA 30040

RK
GA 00000
Perfect Source Realty
Listed by Perfect Source Realty
$8,500,000
70 days on market
Updated 63 days ago

Prime High-Growth Area Car Wash with business Absent Owner

Details
Property Type Special Purpose
Sub Type Car Wash
Square Footage 3,619
Occupancy 100%
Pro-Forma Cap Rate 9.64%
Pro-Forma NOI $819,464
Price per SqFt $2,349
Year Built 2018
Buildings 1
Acreage 2.870
Ownership 100

Special Purpose | 3,619 SqFt

Marketing description

For more information, please contact

Roy Text 678-400-4945 or email [email protected]

  • OM Revised as of Apr 06, 2026

Investment Highlights

    • Proven Financial Performance: The business generated over $1.44M in annual revenue for 2025 with a robust Net Operating Income (NOI) of $819,464.
    • Strong Profit Margins: Operates with a high NOI margin of 56.8%, demonstrating exceptional operational efficiency.
    • Stable Recurring Revenue: An established membership program produced $497,849 in recurring revenue in 2025, accounting for approximately 34% of total sales.
    • Strategic "Flex" Model: Combines high-throughput express exterior washing with premium, high-margin interior detailing services.
    • Prime High-Growth Location: Situated on Bethelview Road in Forsyth County, one of the fastest-growing counties in the U.S., featuring a median household income of $102,179.

Property & Facility Overview

    • Location: 5710 Bethelview Road, Cumming, GA 30040.
    • Site Size: 2.87-acre primary land area with a 3,619 SF building constructed in 2018.
    • Condition: The facility is in excellent condition with a remaining economic life estimated at 33 years.
    • Features: Includes a modern express tunnel, full-service detailing bays, and free vacuum stations for customers.

Service & Revenue Mix (2025)

    • Express Wash Packages: $1,143,966 in revenue with prices ranging from $10–$25.
    • Interior Cleaning: $351,206 in revenue with services priced from $16–$50.
    • Premium Details: High-value services ranging from $50–$300.
    • Membership Tiers: Multiple tiers available from $21–$68 per month.

Significant Growth Potential

The business currently operates with NO MARKETING expenditure, leaving substantial revenue untapped. Strategic initiatives could increase annual revenue by an estimated $200,000 – $400,000 within 18–24 months through:

    • Digital Marketing: Implementing Google Ads and social media targeting.
    • Membership Expansion: Actively promoting unlimited wash programs and referral incentives.
    • Retail Optimization: Expanding on-site retail offerings and staff sales training.
    • Fleet Accounts: Developing partnerships for corporate and local business vehicle fleets.

Investment highlights

Forsyth County Market Overview

Forsyth County is one of the fastest-growing countiesin Georgia andthe entire United States. According to U.S. Census data, the county population grew from 175,511in 2010 to over 251,000in 2021, representing a 43% increasein just over a decade.Projections indicate continued robust growth through 2030 and beyond.

Key Market Demographics

    • Population (2021): 251,283 (Forsyth County)
    • Median Household Income: $102,179 (significantly above state average)
    • Home Ownership Rate: 82.4% (stable residents with multiple vehicles)
    • Average Commute: 34.2 minutes (high vehicle usage)
    • Growth Rate: Among top 10 fastest-growing counties in Georgia

Competitive Landscape

The Cumming/Forsyth County market features several express car wash competitors but limited flex-service facilities offering both express tunnel and premium interior detailing. Eco Wash Express differentiates through:

    • Comprehensive service menu from $10 express to $300 full detail
    • Established membership base with high retention
    • Prime location on high-traffic Bethelview Road corridor
    • Superior customer service and quality reputation

Industry Trends

The car wash industry continues to experience consolidation and institutional investment. According to IBIS World, the U.S. car wash industry generates $14+ billion annually with 4-5% growth. Key trends include:

    • Migration toward subscription/membership models for recurring revenue
    • Technology adoption (mobile apps, automated payment, customer management systems)
    • Environmental initiatives (water reclamation, eco-friendly chemicals)
    • Private equity and strategic buyer M&A; activity at premium multiples

Proven Financial Performance

Consistent revenue of $1.44M+ annually with strong 56.8% NOI margins.2025 NOI of $819,464 demonstrates operational efficiency and profitability.

Recurring Revenue Base

$498K in annual membership revenue provides cash flow stability and customer retention. 13,271 recurring billing transactions in 2025 with multiple membership tiers.

Strategic High-Growth Location

Forsyth County is one of Georgia'sfastest-growing markets with median householdincome of $102K and 82% home ownership rate. Prime location on Bethelview Road corridor.

Diversified Service Offering

Full spectrum from $10 express wash to $300 premium detail, capturing multiple customer segments and price points. Interior services generated $374K in 2025.

Significant Untapped Potential

Minimal current marketing creates $200K-$400K revenue opportunity through membership promotion, digital advertising, and interior service marketing.

Operational Excellence

Well-maintained facilitywith modern equipment. Established systems and procedures. Chemical recycling system reduces operating costs.

Scalable Business Model

Proven membership platform can be expanded. Additional services (ceramic coating,fleet accounts) offer growth pathways. Retail product expansion opportunities.

Favorable Industry Dynamics

Strong M&A;market with privateequity and strategicbuyers actively acquiringcar wash assets at attractive multiples. Industry tailwinds continue.

Listing Contacts

RK
GA 00000
Perfect Source Realty
Listed by Perfect Source Realty

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Additional Information

Name
ROY KIM
License
00000
Brokerage
perfect source realty llc
Title
Real Estate Agent
Brokerage Address
302 Satellite Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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