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1125 Fountains Way
Cedar Falls, IA 50613
Asking Price
$4.50M
Asset Type
Car Wash Special-purpose
Class
Class B
What's Special
Active Membership Platform | Express, Detailing, Self Service Bays <ul><li>OWNER/USER OPPORTUNITY - Opportunity to acquire the business, building, and underlying real estate.</li><li>STRONG YOY GROWTH - Since opening, The Wash Bar has demonstrated consistent year-over-year growth in wash volume, supported by an expanding membership base and increasing customer retention.</li><li>STREAMLINED MAINTENANCE - Repairs and maintenance are managed through an active service contract with NCS, a nationally recognized equipment service provider.</li><li>RECURRING REVE
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NOI
$80,000
Cap Rate
1.78%
DSCR
0.30
Underwater
Cash-on-Cash
-13.86%
Monthly Payment
$22,263.545
Annual Cash Flow
$-187,162.537