For Sale
$990,000

300 Lake St Bristol, NH 03222

High-NOI, established car wash, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional car wash business and real estate in Bristol, New Hampshire, is offered at $990,000. The property boasts a strong net operating income (NOI) of $108,446, demonstrating its profitability and potential for growth. Built in 2005, the single-story, 1,066 square foot building sits on a 0.46-acre lot zoned for Village Commercial District use. The car wash features a six-year-old Mark VII in-bay automatic machine, four vacuum stations, a self-serve machine, and a vending station. The business operates 24/7 with minimal labor requirements, leveraging remote operation via video surveillance and remote sales data tracking. Opportunities for increased revenue include price adjustments, expanded services and vending options, a recurring revenue membership program, and enhanced online marketing through a website and social media presence. The business benefits from a favorable competitive landscape, with the nearest competitor located seven miles away on the opposite side of I-93. This turnkey operation presents a compelling investment opportunity for a savvy buyer seeking a profitable and easily managed business with significant upside potential.

Highlights

  • $990,000 asking price for a profitable car wash business and real estate.
  • $108,446 Net Operating Income (NOI).
  • 1,066 square foot building on a 0.46-acre lot in Bristol, NH.
  • Built in 2005, single-story building in the Village Commercial District.
  • Features a 6-year-old Mark VII in-bay automatic car wash, vending machines, vacuum stations, and a self-serve machine.

Property Details for 300 Lake St

Property type
Specialty properties, Retail properties
Square Feet
1,066 SF
Year Built
2005
Buildings
1
Stories
1
Lot Size (sq. ft)
20,038 SF

Location Insight

City
Bristol
County
Grafton
State
New Hampshire
Latitude
43.5970576
Longitude
-71.745822

FAQs

What type of property is this?
Specialty property - High-NOI, established car wash, excellent location.
Where is the specialty property located?
The property is located at 300 Lake St Bristol, NH.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: $990,000 asking price for a profitable car wash business and real estate.; $108,446 Net Operating Income (NOI).; 1,066 square foot building on a 0.46-acre lot in Bristol, NH.
How can I contact the broker?
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300 Lake St
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