1.2 Acres in Magnolia, MS - $299,000
Built in 2006, this virtually new car wash grosses around 50K annually with a historical Cap Rate of 8% to 10%. (Confidential financials are available by request.) Situated on a huge 1.2 acre lot, with room to expand, this profitable car wash is located on a very high traffic section of Highway 51 between Magnolia and McComb, Mississippi. It is currently configured with 1 � touch less, fully automatic bay with triple foam and drying options, 4 - self service bays, 1 - shampooer, 7 - vending machines, 2 - dollar changers, 6 - vacuum stations, and a security camera system. The property is exceptionally clean and easy to maintain. All equipment is top quality Superior brand and has required no maintenance since going into operation. This is a turn-key, money making opportunity. Call today for information or to schedule a showing.