How to Acquire a New Car Wash in Fontana, California

If you are looking to open a new car wash in Fontana, California, you may be wondering how to go about acquiring a property. You may be interested in a newly-remodeled facility with brand-new equipment, a prime location on a busy street, or a long-term lease. In any case, you must be prepared to put down a substantial down payment in order to obtain a SBA loan.

newly remodeled with all new equipment

This four bay self serve car wash is fully equipped with brand new equipment, including a large truck bay. Its location off of Interstate 10 allows for easy access to major transportation and logistics hubs on the West Coast, including the Los Angeles International Airport and the Ports of Long Beach. The facility has security cameras monitoring the entire facility 24 hours a day. It is also situated on a large parcel of real estate, with ample parking for 116 cars and 150 truck trailers.

Located on busy street

Located just off Baseline Avenue in Fontana, California, the Comfort Inn features 80 small rooms and faces west, towards the interstate. The rooms have whirlpool baths and are divided into sleeping and living areas. Guests can take advantage of the indoor heated pool, hot tub, and view of the small garden.

Pedestrian-automobile collisions have become a major cause of traffic fatalities in California. Among Californians, pedestrians account for a higher percentage of traffic fatalities than thirty years ago. Last year, Fontana police investigated eight fatal pedestrian-versus-automobile collisions. Of those, six of the pedestrians were at fault for roadway violations. So far this year, Fontana has reported five fatal pedestrian-automobile collisions.

Has long term lease

Car washes have become a popular investment opportunity for private equity firms. They offer a high profit margin, the ability to offer consumer subscriptions, and sale leaseback opportunities. This combination has created a burgeoning market for net lease investors, and car washes are likely to continue to be a popular asset class for real estate investors. They have many similarities to other retail uses, such as convenience stores and dollar stores.

Hanley Investment Group is a private investment company that specializes in selling retail properties. The company has sold $30 million of retail property in Fontana. The buyer was a private 1031 exchange investor from the Inland Empire. The company is also working to develop a new car wash in Fontana.