3124 Collinsworth StFort Worth, TX 76107

For Sale
$9,495,000

Profitable Car Wash, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
91
Exceptional opportunity to acquire a highly profitable car wash business located at 3124 Collinsworth St, Fort Worth, TX 76107. This 8,509 square foot facility, built in 1989, boasts a prime location on University in Fort Worth, with no nearby competition. The property features a 140-foot long, 18-foot wide tunnel, updated equipment including a dual-sided machine (the only one in DFW), and a Mobil 1 lube shop – the only one in Fort Worth. The facility includes prefabricated concrete buildings with an iconic tower, a gift shop/lobby with high-end finishes, and four 24-foot curb cuts for efficient traffic flow. The business benefits from a strong online presence, including a high number of authentic local Facebook likes and top Google reviews in Fort Worth. The current operation is hands-off, focusing on reputation and revenue, with significant potential for increased profitability through improved cost management and operational strategies, such as implementing VIP membership plans or a flex-serve model. The property is zoned for a car wash, ensuring long-term viability. The asking price is $9,495,000, representing $1,115.88 per square foot and $4,747,500 per unit. This is a unique opportunity to acquire a well-established, high-performing car wash in a rapidly developing area. The sale includes all equipment except for a specified rectangular wood pedestal and display table.

Highlights

  • Highly profitable car wash business in prime Fort Worth location.
  • 8,509 SF facility with updated equipment, including a unique dual-sided car wash machine.
  • Mobil 1 lube shop (only one in Fort Worth).
  • Strong online presence and excellent local reputation.
  • $9,495,000 asking price; $1,115.88 PSF; $4,747,500 per unit.
  • Zoned for car wash use.

Property Details for 3124 Collinsworth St

Property type
Other specialty properties, Automotive properties
Square Feet
8,509 SF
Year Built
1989
Buildings
8509
Stories
1
Units
2

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.726646
Longitude
-97.362502
3124 Collinsworth St, Fort Worth, Texas

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3124 Collinsworth St
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