4649 W Rosecrans Avenue

    Hawthorne, CA 90250
    • $4,800,000
    • STATUS: Active
    • ON SITE: 64 days
    • ID#: AR19220457
    $4,800,000
    • 0
      BEDS
    • 0.42
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,900
      SQFT
    • $1,655
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2009
    County:

    School Ratings & Info

    Description

    Green Forest Express Car Wash was first opened in 2009. The business and facility highlights include: Nine full years of operations, all of which have been profitable. Consistent annual gross sales of over $1,000,000 per year, every year since 2010. Averaging over 10,000 cars per month, every month since 2010. Highly profitable with 70% - 75% profit margins. 2018 was the strongest year since opening, continuing the trend of increasing revenue, cars washed, and profitability. Environmentally friendly state of the art water reclamation system that recycles 100% of the water used on-site. A 90-foot long NS Wash Systems tunnel capable of accommodating over 100 cars per hour. Recently installed new blowers. Newer constructions and high quality wash equipment. Internet resistant service business with repeat customers.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-19T00:27:25.833. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/98980233

    4649 W Rosecrans Avenue Hawthorne, CA 90250

    • Price: $4,800,000
    • Status: Active
    • ID#: AR19220457
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.42
    Acres
    2,900
    SQFT
    $1,655
    $/SQFT
    2009
    Built
    Neighborhood:
    110 - East Hawthorne
    County:
    Los Angeles
    Area:
    110 - East Hawthorne
    Property Description
    Green Forest Express Car Wash was first opened in 2009. The business and facility highlights include: Nine full years of operations, all of which have been profitable. Consistent annual gross sales of over $1,000,000 per year, every year since 2010. Averaging over 10,000 cars per month, every month since 2010. Highly profitable with 70% - 75% profit margins. 2018 was the strongest year since opening, continuing the trend of increasing revenue, cars washed, and profitability. Environmentally friendly state of the art water reclamation system that recycles 100% of the water used on-site. A 90-foot long NS Wash Systems tunnel capable of accommodating over 100 cars per hour. Recently installed new blowers. Newer constructions and high quality wash equipment. Internet resistant service business with repeat customers.
    Exterior Features

    Construction Materials ConcreteGlassSteelStucco Fence YN Yes Fencing Wrought Iron Lot Features Lot 10000-19999 Sqft Lot Size Dimensions 160 X 116 Lot Size Source Assessor Lot Size Units Square Feet Roof MetalMixed Topography Rolling/Hilly

    Interior Features

    Condo Area Units Square Feet Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Laundry Features None

    Property Features

    Accounting Type Actual Additional Parcels YN No Advertising Expense 0.00 Anchors Co Tenants Green Forest Express Car Wash Asset Class RetailSpecialty Building Area Units Square Feet Building Expenses 0.00 Building Status Existing Business Type Auto Service Cap Rate 5.00 Country Us Current Use Comments Express Car Wash Electric Electricity - Unknown Electric Expense 0.00 Gross Scheduled Income 240000.00 Investment Property YN Yes Land Lease YN No Land Use Retail Laundry Equipment Own Lease Own Laundry Income 0.00 Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Legal Accounting Expense 0.00 Lot Dimensions Source Estimated Maintenance Expense 0.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 240000.00 Number Of Units Leased 1 Occupancy Occupied Operating Expense 0.00 Other Expense 0.00 Other Income1 0.00 Personal Property Amount 0 Professional Management Expense 0.00 Property Sub Type Specialty Reserves Expense 0.00 Resident Manager Expense 0.00 Security Features Security SystemWired For Alarm System Special Listing Conditions Standard Supplies Expense 0.00 Tax Year 2020 Total Expenses 0.00 Total Monthly Rent 200000 Trash Expense 0.00 Utilities Electricity ConnectedPhone AvailableSewer Connected Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning M! Conforming Use

    Listing provided courtesy of Thomas Theung of New Century Commercial


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-19T00:27:25.833. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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