Self-Serve Car Wash Investment with High Margins, Bonus Depreciation, and Prime Real Estate in Rapidly Growing West Valley, Utah

This is a rare opportunity to acquire Flying Frog Car Wash, a fully renovated, 6-bay self-serve facility located in the heart of West Valley City—Utah’s second-largest city and one of the fastest-growing municipalities in the Salt Lake metro. With no new self-serve washes built in the area in over a decade, this property is uniquely positioned to serve an underserved market, offering strong, reliable income with minimal operational complexity.

Property Highlights:
• 6 Self-Serve Bays with modern equipment, including high-pressure hoses, foaming brushes, vacuums, and vending stations.
• Fully Renovated in 2020–2021 — Equipment, infrastructure, and systems were all upgraded; this is a turnkey operation with low maintenance needs.
• High Net Profit Margins — Operating between 56% and 60% net profit margins over the past 3 years.
• Year-over-Year Growth — Since 2023, gross revenue is up 20%, and NOI is on track to exceed 35% growth, even amid rising tunnel wash competition nearby.
• Minimal Oversight Required — The car wash runs with just one part-time employee, keeping OpEx lean and operational risk low.

Financial Snapshot (TTM):
• Gross Revenue: $145,000+
• Net Operating Income (NOI): $84,000–$88,000
• Cap Rate (at asking): 7.5%–8.0% depending on buyer structure
• Projected 2026/2027 Growth: 9% revenue CAGR with 6% COGS increase, based on historical performance

Location Advantages:
• Hard Corner Lot with high visibility and strong drive-by traffic
• Excellent Demographics:
• 1 Mile Radius: 9,500+ households
• 3 Mile Radius: 47,000+ households
• 5 Mile Radius: 74,000+ households
• Strong mix of single-family, multifamily, and retail traffic
• West Valley City is home to over 140,000 residents and continues to experience strong commercial and residential growth. The immediate area is also underserved by self-serve washes, with increased tunnel wash saturation further highlighting the value of a low-cost, no-membership alternative like Flying Frog.

Investment Upside:
• 100% Bonus Depreciation Eligible — Take advantage of current tax law and use the car wash to shelter active or passive income through aggressive depreciation. Ideal for high-income individuals or entities looking for tax-advantaged investments.
• 1031 Exchange Ready — Solid cash-flowing asset with stable income and appreciation potential, perfect for rollover investors.
• No Franchise Fees or Brand Restrictions — 100% independent, allowing buyer full control to rebrand, bundle with a portfolio, or leave as-is.

Why It’s a Smart Buy:
• Self-serve car washes continue to hold value due to simplicity, low maintenance, and flexibility — and they’re increasingly hard to find.
• Flying Frog has proven it can thrive even in a more competitive wash market.
• This is not just a business—it’s a real estate play in a growing city, with plenty of upside from both cash flow and underlying land appreciation.