Car Wash & Lube Business with Real Estate – High-Traffic Corner Lot in Lakewood, CA This is a fully remodeled car wash and lube center located on a signalized corner lot in Lakewood, CA—offering a solid-performing business with strong fundamentals and room to grow. Key Details: 2024 Revenue: $980,000+ Net Income: Approx. $240,000 Asking Price: $3,700,000 Cap Rate: ~6.5 Real Estate: Included – appraised at $3.1M in 2022 Equipment: Brand-new Sonny’s systems and express lane setup Location: Dense residential and commercial corridor with 2.3M residents and 224,000 employees within 10 miles Growth Potential: The business is operational and profitable, but there’s clear upside for a buyer with hands-on experience or strong management. Current operations lack structure and oversight—leaving efficiency, labor, and marketing largely untapped. With a more strategic approach, there is immediate potential to scale service volume, implement memberships, or expand detailing services. Why This Deal Makes Sense: No major capital improvements needed Real estate value provides strong underlying security High-volume traffic corridor supports long-term growth Ideal for an owner-operator or investor looking for both income and property value Showings available by appointment. NDA required for full financials. Investment Highlights Turnkey Operation – Fully remodeled and operational car wash and lube center with modern express lane setup and brand-new Sonny’s equipment. Prime Real Estate – Fee simple ownership of a signalized corner lot in a dense Los Angeles County submarket. Appraised at $3.1M in 2022, with property values continuing to rise. Strong Financials – Over $980,000 in revenue and approximately $240,000 in net income for 2024. Solid cap rate at ~5.7% based on current asking price. High Traffic & Visibility – Located at a major intersection with strong daily vehicle counts and exceptional visibility. Easy access from multiple directions. Massive Local Market – Over 2.3 million residents and 224,000 employees within a 10-mile radius fuel a steady stream of customers. Scalable Opportunity – Business is under-managed and ripe for operational improvements. A more engaged owner or professional team can expand services, introduce membership models, and optimize labor for immediate upside. No Major CapEx Required – All major improvements have already been made. Buyer can focus on growth from day one.