For Sale
$1,500,000

127 Main St Stafford, CT 06076

Profitable Car Wash; High Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a thriving, Class A car wash located at 127 W Main St, Stafford, CT 06076. The 3,600 square foot, single-story building sits on a 1.05-acre lot and boasts a brick exterior and paved parking area. Built in 1995 and extensively renovated in 2018, the property features modern, well-maintained equipment. Currently operating at 100% occupancy since July 6, 2020, this business offers near-passive income potential. The asking price of $1,500,000 reflects an industry-standard multiple of eight times EBITDA. Detailed financial information is available upon execution of a non-disclosure agreement (NDA). The property is zoned B-2 and benefits from a high traffic count in downtown Stafford Springs. This turnkey operation is ideal for investors seeking a lucrative, low-maintenance investment with significant return potential. The single unit is housed within a single building, offering streamlined management. All aspects of the business are in excellent condition.

Highlights

  • $1,500,000 asking price, reflecting 8x EBITDA.
  • Class A, 3,600 SF shopping center on a 1.05-acre lot in Stafford, CT. Brick building with paved lot and new, well-maintained equipment.
  • 100% occupancy since July 6, 2020.
  • Financial details available with signed NDA.
  • Excellent passive income potential.

Property Details for 127 Main St

Property type
Specialty properties, Lifestyle centers
Square Feet
3,600 SF
Class
A
Year Built/Renovated
1995/2018
Buildings
1
Stories
1
Lot Size (sq. ft)
45,738 SF
Units
1

Location Insight

City
Stafford
County
Tolland
State
Connecticut
Latitude
41.9612629
Longitude
-72.3144367

FAQs

What type of property is this?
Specialty property - Profitable Car Wash; High Traffic Location
Where is the specialty property located?
The property is located at 127 Main St Stafford, CT.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: $1,500,000 asking price, reflecting 8x EBITDA.; Class A, 3,600 SF shopping center on a 1.05-acre lot in Stafford, CT. Brick building with paved lot and new, well-maintained equipment.; 100% occupancy since July 6, 2020.
How can I contact the broker?
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127 Main St
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