BUSINESS + REAL ESTATE INVESTMENT OPPORTUNITY

Chesapeake Car Washes | Baltimore, MD MSA

6317 Kenwood Avenue, Rosedale, MD & 9603 Philadelphia Road, White Marsh, MD

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Stats

$5,000,000

Asking Price

18x

EBITDA Multiple

$277,000

EBITDA

Highlights

Upwards of $1 million in potential bonus depreciation available for 2024

Two turnkey self-serve car washes for sale - the business operations as well as the real estate.

Chesapeake Car Wash provides both automatic touch-free and self-service car wash options. Their services include high-pressure washes, rinses, waxing, tire brushing, and vacuuming.
Open 24 hours a day, they offer a monthly membership program for $25, which allows customers unlimited access to their automatic touch-free car wash services.

Sustainable car wash practices - Chesapeake Car Wash uses biodegradable cleaning products, positioning itself as a leader in environmental sustainability within the Baltimore car wash market which is crucial for modern operators.

Situated near major thoroughfares. Both locations are easily accessible from Interstates 95 and 695, Chesapeake Car Wash is easily accessible for both local residents and commuters in the suburban Rosedale area. With multiple points of access, this location welcomes 23,400 visitors annually.

Location Map

Team

Jonathan Hipp

Jonathan Hipp

Principal, Head of U.S. Net Lease
Avison Young
571 787 4725
Richard Murphy

Richard Murphy

Senior Vice President
Avison Young
571 449 8234
Tim Farrell

Tim Farrell

Senior Associate
Avison Young
571 723 2246