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3124 Collinsworth St - Full-Service Car Wash & Lube Center 11,011 SF Specialty Building Offered For Sale in Fort Worth, TX 76107
Investment Highlights
- Low Competiton
- Near Apple Store
- Social Media Presence
Executive Summary
*Brand new equipment has been installed featuring the only D&S Machine in the DFW area as well as some Ingersoll Rand & Sonny’s Equipment, 2023 MacNeil 140' conveyor. *This is the highest rated car wash in the Fort Worth area with great social media presence across Facebook & Instagram.
Property Facts
| Sale Type | Investment or Owner User | Lot Size | 0.90 AC |
| Sale Condition | Business Value Included | Building Size | 11,011 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Car Wash | Year Built/Renovated | 1989/2022 |
| Building Class | B | Parking Ratio | 2.35/1,000 SF |
| Zoning | I, Fort Worth | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.90 AC |
| Building Size | 11,011 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1989/2022 |
| Parking Ratio | 2.35/1,000 SF |
| Zoning | I, Fort Worth |
About 3124 COLLINSWORTH ST , FORT WORTH, TX 76107
LOCATION: On University in Fort Worth, no room for others to build competition nearby No car washes in the area or west of Seventh or Downtown Closest car wash to an Apple Store in the world Major development planned at intersection & across university Zoning locked in (no car wash by right in G Commercial or MU2. City resistant on zoning car washes on desirable land because it limits their tax take SITE WORK, BUILDING, LUBE SHOP, LOBBY/GIFT SHOP, TUNNEL, CHEMICAL ROOM & EQUIPMENT Four 24 ft. curb cuts (5 exits) Long tunnel 140 ft. - Brand New McNeil added 2023 Wide tunnel 18 ft. Prefab concrete buildings with iconic tower Updated tunnel equipment (only d/s machine in DFW) Best of breed POS and tunnel controller & lube shop POS/integration iPhone application No expense spared inside gift shop/lobby and building (18K coffee machine, $400 stools, $3K Restoration Hardware tables), new carrier HVAC Only Mobil1 lube shop in FTW. Exclusions: Rectangular wood pedestal and 4 ft. glass & wood display table OPERATIONS Hands off business that has focused on reputation and revenue, not profitability (this could be changed easily) Monitoring of operations by triangulating POS, labor time clock and cameras Stable staff with high job satisfaction Payroll with ADP and payroll acceptance with RUN app Potential for increased profitability by better management of COG and labor (number of workers, less overtime, etc.) and damage Potential for increasing profitability by adding VIP membership plans Huge potential to increase profitability by changing the model to a “flex serve.” Site and tunnel allow this and could allow 1000 cars a day throughout SOCIAL MEDIA, REVIEWS AND INTERNET Washology.com (trademark protected) Facebook likes - more local authentic likes than any single location carwash in America Instagram and followers Google Reviews: highest rated in FTW Video Promo Link for Washology: https://vimeo.com/744667986 PRIVACY DISCLOSURE: Please note this is a PRIVATE LISTING and any communication with the onsite team and employees will not be tolerated. The utmost discretion is required in order to be respectful of the current operations. Please filter all correspondence and questions directly to your Attlee Sales Associate.
Property Taxes
| Parcel Number | 06267904 | Improvements Assessment | $1,150,732 |
| Land Assessment | $390,740 | Total Assessment | $1,541,472 |
Property Taxes
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3124 Collinsworth St - Full-Service Car Wash & Lube Center
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