Car Wash
Absolute Net 20 Year Car Wash | #1 in Texas & Top 15 Nationally | Houston | 100% Bonus Depreciation
610 N Loop 336 W, Conroe, TX 77301
Listing Price: $6,122,558
Investment Overview
BlueWave Express Car Wash: 61 operating sites with 6 under construction ClearWater Express Wash: 28 operating sites with 1 under construction Combined Total: 96 sites nationwide | 89 operating, 7 under construction Texas #1: The merger consolidates leadership in the fastest-growing state for express car wash operations. National Ranking: With 96 total locations, the combined platform secures a Top 15 ranking among U.S. operators and top operator in Texas, setting the stage for continued expansion.
Investment Highlights
- 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases Throughout the Initial Term and Options.
- 100% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model.
- Brand New High Quality Construction with Top of the Line Equipment. Fully Automated Car Wash System Featuring 140' Tunnel, Two-Lane Pay- Stations and 20 Vacuum Bays.
- Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation. Backed by Strong Unit Economics and Consistent Membership Growth. Strategic Alliance with BlueWave Express Creates 90+ Locations Nationwide Reinforces Long- Term Stability, Scale, and Growth Potential.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
- Service-Based, Internet Resistant, and Recession- Proof Investment Poised for Long-Term Success: The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Car Wash
Absolute Net 20 Year Car Wash | #1 in Texas & Top 15 Nationally | Houston | 100% Bonus Depreciation
Listing Price: $6,122,558
Investment Highlights
- 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases Throughout the Initial Term and Options.
- 100% Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model.
- Brand New High Quality Construction with Top of the Line Equipment. Fully Automated Car Wash System Featuring 140' Tunnel, Two-Lane Pay- Stations and 20 Vacuum Bays.
- Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation. Backed by Strong Unit Economics and Consistent Membership Growth. Strategic Alliance with BlueWave Express Creates 90+ Locations Nationwide Reinforces Long- Term Stability, Scale, and Growth Potential.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
- Service-Based, Internet Resistant, and Recession- Proof Investment Poised for Long-Term Success: The Car Wash Business is a Highly Segmented $15 Billion Industry that is growing at 3.2% Annually.
Investment Overview
BlueWave Express Car Wash: 61 operating sites with 6 under construction ClearWater Express Wash: 28 operating sites with 1 under construction Combined Total: 96 sites nationwide | 89 operating, 7 under construction Texas #1: The merger consolidates leadership in the fastest-growing state for express car wash operations. National Ranking: With 96 total locations, the combined platform secures a Top 15 ranking among U.S. operators and top operator in Texas, setting the stage for continued expansion.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments