484 Tunxis Hill Rd 1,061 SF Specialty Building Offered at $1,999,000 at a 12.44% Cap Rate in Fairfield, CT 06825

Turnkey Car Wash Business + Real Estate for Sale | Fairfield, CT
Exceptional opportunity to acquire a profitable, well-established car wash business together with the underlying real estate at 484 Tunxis Hill Road in Fairfield, Connecticut. Car Wash has been successfully operating at this location since 1977! Offered at $1,999,000, this turnkey operation provides an attractive combination of an established operating business, recurring membership revenue, multiple revenue streams, and real estate ownership.
The car wash has built a strong customer base with approximately 1,400 monthly members, providing a significant source of recurring business. Current financials show approximately $1,042,407 in gross revenue, $711,490 in gross profit, and $248,653 in Net Operating Income (NOI) before depreciation and amortization. The property consists of approximately 0.72 acres.
Ownership has invested approximately $200,000 in recent improvements to the business, equipment, and property, allowing a new owner to benefit from substantial capital already invested in the operation. Major upgrades include a Motor City top brush and conveyor, Premier blowers, new self-vacuum stations, tire shine machine, chemical control station, upgraded LED tunnel lighting, new driveway and concrete work, and a new metal roll-up tunnel entry door.
Additional improvements include an exterior speaker system with music and advertising capabilities, an electric heater in the detail bay, a new street sign, reinforced rear retaining wall, and renovations to the office, waiting room, employee break room, and bathroom.
The combination of strong historical revenue, an established monthly membership base, significant recent capital improvements, and ownership of the underlying real estate makes this a compelling opportunity for an owner-operator or investor looking to acquire an established car wash operation in Fairfield County.
Rather than starting a car wash operation from the ground up, a buyer has the opportunity to acquire an existing business with an established customer base, operating infrastructure, upgraded equipment, and real estate already in place.
Asking Price: $1,999,000 | Business + Real Estate