4620 Post ST, El Dorado Hills, CA 95762

$8,500,000

Property Description

An opportunity to acquire Suds Car Wash & Detail, a Class-A full-service automobile cleaning and detailing facility located in the highly desirable community of El Dorado Hills, Ca., and nestled within the the upscale lifestyle center of El Dorado Hills Town Center. With high barriers to entry and the only provider of these services in this county, the nearest wash competitor is located +/-10 miles away in Cameron Park and +/-8 miles in Folsom. This location further benefits from being the most densely populated region of El Dorado County, with 44,000 residents who, on an average, possess higher educational qualifications and an average annual household income of $198,874. With a 2024 annualized acquisition Cap Rate of 8.7%, this purchase allows the investor/operator a fee simple, turn-key car wash & detail operation with long term employees on hand and existing income in place. Car washes with on-site detail like Suds are highly sought-after investment opportunities, particularly in California's climate, which is conducive to maintaining the ever increasing high-end vehicles on the road. Drive-by or customer wash tours only! Please do not discuss with employees.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Cornish & Carey Commercial, Kelly Rivett.

board logo

Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Copyright 2024 MLSListings. All rights reserved. This data is updated daily. Last updated