Listed by Colliers - Manchester, New Hampshire
$2,700,000
The Local Wash
Details
Property Type Business for Sale
Sub Type Business and Building
Square Footage 3,632
Occupancy 100%
Tenancy Single
Year Built 1988
Stories 1
Acreage 0.490
Zoning TC-N
Investment Type Stabilized
Ground Lease No
Profitable Laundromat, Car Wash & Real Estate
Marketing description
Rare opportunity to acquire a fully operational, turnkey car wash and laundromat with real estate included in the highly desirable Seacoast market. The Local Wash is a well-established, recently updated facility offering multiple revenue streams and strong upside potential for a new owner.
Positioned on a .49± acre parcel with excellent visibility along Lafayette Road, the property features a 3,632± SF building and strong daily traffic counts, making it an ideal investment opportunity. Phase One Environmental done in 2023 identified no RECs.
Financials available upon signed non-disclosure agreement.
Investment highlights
- Turnkey operation with multiple income streams
- Car washes & laundromats offer an opportunity for 100% bonus depreciation
- Valuable real estate on Route 1 with 14,498+ AADT
- Remote access to security camera & car wash payment stand reports
- Value add opportunities & updated technology
- Minimal competition with a high barrier to entry
Listing Contacts
Listed by Colliers - Manchester, New Hampshire
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