Courtesy of: Parenn Mulji, National Land Realty, Atlanta, GA, parenn.mulji@followupboss.me
Courtesy of: Parenn Mulji, National Land Realty, Atlanta, GA, parenn.mulji@followupboss.me
$980,823
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Lot: 0.63 Acres
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Other
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$980,823
690 W Spring Street Prime turn-key investment car wash opportunity in Monroe, Georgia. This car wash is comprised of 6 self-serve bays, 1 touch-free in-bay automatic, and 5 vacuums. Monroe itself has seen significant population growth (8%) since 2020 and continues to grow steadily. The car wash is centrally-located in Monroe in a highly visible and heavily traveled area. The business saw 20% revenue growth from 2022 to 2023, 4% revenue growth from 2023 to 2024, and will see an estimated 8% growth in 2025. Real estate appraised for $550, 000 in 2022 and has appreciated since as the market has grown. Built in 1991 and well maintained, this property saw renovations and user upgrades in 2022-2024.
Courtesy of: Parenn Mulji, National Land Realty, Atlanta, GA, parenn.mulji@followupboss.me
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