SUPERFINE CAR WASH BUSINESS AND REAL ESTATE – 21011 PIONEER BLVD | LAKEWOOD, CA 90715

AUCTION FINAL BID DATE - MAY 8, 2024 NOON PT
WORLDBID AUCTION
0
0
0
0
Days
0
0
Hrs
0
0
Min
0
0
Sec

Investment Highlights

An exclusive opportunity to acquire the recently upgraded car wash located at a high-traffic intersection in Lakewood, CA

  • The newly upgraded Superfine AutoSpa is equipped with full service,  express and flex carwash capacity and technology.
  • Despite economic headwinds from a 40% oil price hike, pandemic  driven slowdown and renovation downtime, the car wash has shown record
    performance in 2022

    • YTD 2022: The current year saw monthly car wash volume increase by  12% between Jan-Jun 22
    • YTD 2022 vs Previous Years: The car wash has achieved higher volumes  & revenue YTD then the corresponding period for the last 4 years.
  • A turn-key opportunity for the acquirer to capture a 40-60% revenue upside  from the recently completed upgradation.
  • The recent investment upgrades included fully automated tunnel with express wash enhancements, automated POS, fully renovated C-Store and
    lube shop.
  • Acquisition to include Ownership of 16,500sf of prime real estate in a well populated suburb of Los Angeles, CA.

In conjunction with:
John A. Zarvos | Broker/Principal
Viking International Real Estate
Phone: 949.252.2120
DRE #00558652

Investment Overview

  • Property Address: 21011 Pioneer Blvd, Lakewood, Ca 90715
  • Lot Size: 16,763 SF
  • Square Footage of Building: 2,225 SF
  • Year Built: 1958/2018
  • APN: 7065 010 045
  • Property Type: Commercial
  • Completed in 2021, this full service car wash, detail and oil change
  • All equipment, fixtures and furnishing included in the sale, unless leased
  • PRE AUCTION BIDS DUE PRIOR TO APRIL 26th 2024 NOON PT
  • AUCTION BIDDING BEGINS APRIL 27TH AND ENDS MAY 8TH, 2024 NOON PT
  • STARTING BID: $3,800,000

STARTING BID:
$3,850,000

Property Video