Foam Brite - 8 Property Portfolio
Business Description
OFFERING MEMORANDUM: https://www.matthews.com/properties/stnl-foam-brite-8-property-portfolio-oklahoma-city-ok/?pcode=78fce8530f
Portfolio Addresses:
2060 E 2nd St, Edmond, OK
805 NE 12th St, Moore, OK
5102 S Sooner Rd, Oklahoma City, OK
3817 N Meridian Ave, Oklahoma City, OK
2370 S Douglas Blvd, Midwest City, OK
11100 E Reno Ave, Midwest City, OK
INVESTMENT HIGHLIGHTS
OWNER/USER OPPORTUNITY – Opportunity to acquire the business, building, and underlying real estate.
OPTIONS & REVENUE STREAMS – This portfolio offers an attractive blend of 36 self-service bays and 10 in-bay automatics, creating multiple income streams and improving customer retention.
LOW BARRIER TO ENTRY – These units are being offered individually or together as a portfolio.
MULTIPLE CAR WASH TYPES – This portfolio is comprised of 6 self-service car washes and two low price point express tunnels.
E-COMMERCE RESISTANT – The car wash industry has thrived despite the presence of E-Commerce.
SPECIAL TAX ADVANTAGE – Accelerated under IRS Code Sections 179 & 168(k), these types of properties can qualify for business expense deductions up to 100% of the cost in the first year. Some car washes even qualify for “bonus depreciation” for personal property acquisitions in addition.
IMMEDIATE MARKET SHARE – This portfolio allows an owner to potentially acquire eight locations and gain immediate market share.
Portfolio Addresses:
2060 E 2nd St, Edmond, OK
805 NE 12th St, Moore, OK
5102 S Sooner Rd, Oklahoma City, OK
3817 N Meridian Ave, Oklahoma City, OK
2370 S Douglas Blvd, Midwest City, OK
11100 E Reno Ave, Midwest City, OK
INVESTMENT HIGHLIGHTS
OWNER/USER OPPORTUNITY – Opportunity to acquire the business, building, and underlying real estate.
OPTIONS & REVENUE STREAMS – This portfolio offers an attractive blend of 36 self-service bays and 10 in-bay automatics, creating multiple income streams and improving customer retention.
LOW BARRIER TO ENTRY – These units are being offered individually or together as a portfolio.
MULTIPLE CAR WASH TYPES – This portfolio is comprised of 6 self-service car washes and two low price point express tunnels.
E-COMMERCE RESISTANT – The car wash industry has thrived despite the presence of E-Commerce.
SPECIAL TAX ADVANTAGE – Accelerated under IRS Code Sections 179 & 168(k), these types of properties can qualify for business expense deductions up to 100% of the cost in the first year. Some car washes even qualify for “bonus depreciation” for personal property acquisitions in addition.
IMMEDIATE MARKET SHARE – This portfolio allows an owner to potentially acquire eight locations and gain immediate market share.
About the Business
- Facilities & Assets
- This portfolio is comprised of 6 self-service car washes and two low price point express tunnels. This portfolio offers an attractive blend of 36 self-service bays and 10 in-bay automatics, creating multiple income streams and improving customer retention.
- Market Outlook / Competition
- This portfolio allows an owner to potentially acquire eight locations and gain immediate market share.
- Opportunities for Growth
- This portfolio is comprised of 6 self-service car washes and two low price point express tunnels.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
Listing Info
- ID
- 2394302
- Listing Views
- 247
Listing ID: 2394302 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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