For Sale
$2,795,000

1901 BroadwaySanta Maria, CA 93454

Profitable Car Wash & Gas Station

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Santa Maria, CA, business opportunity presents a lucrative investment in a thriving car wash and gas station. Located at 1901 S Broadway, this single-story, 13,503 square foot building, built in 1971 and renovated in 2017, sits on a high-traffic commercial thoroughfare boasting over 35,000 cars daily. The property includes eight gas pumps (excluding diesel) with two tanks (12,000 gallons for regular and 6,000 gallons for super), both less than five years old. The 70-foot car wash tunnel and equipment are also approximately five years old, ensuring efficient and reliable service. The business boasts a three-year average yearly gross profit of $800,000 under absentee ownership, demonstrating strong financial performance and high historical spreads on gas sales. The property's Assessed Parcel Number (APN) is 117-500-009. This turnkey operation is situated in Santa Maria, the most populous city in Santa Barbara County, with a population exceeding 100,000 residents, guaranteeing a consistent customer base. The asking price is $2,795,000. This is a rare opportunity to acquire a well-established and profitable business with significant growth potential. The property is currently operating at 100% occupancy.

Highlights

  • Unique opportunity: Full-service gas station and express car wash business and real estate included.
  • Three-year average gross profit of $800,000 under absentee ownership.
  • Eight gas pumps (no diesel), two tanks (12,000 gallons regular, 6,000 gallons super), all less than five years old.
  • 70-foot car wash tunnel and equipment, approximately five years old.
  • High historical gas sales margins.

Property Details for 1901 Broadway

Property type
Specialty properties, Retail properties
Square Feet
13,503 SF
Year Built/Renovated
1971/2017
Stories
1

Location Insight

City
Santa Maria
County
Santa Barbara
State
California
Latitude
34.926507984677
Longitude
-120.43609049465
1901 Broadway, Santa Maria, California

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1901 Broadway
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