OFFERING MEMORANDUM Brighton Car Wash & Detail

KW COMMERCIAL

917 Auraria Pkwy

Denver, CO 80204

Brighton Car Wash & Detail

OFFERING MEMORANDUM

RACHEL COLOROSADirector0: 303.539.5700C: [email protected]

SHERI MERANDACommercial BrokerO: 303.539.5700C: [email protected]

PRESENTED BY:

720 PLATTE RIVER BLVD, BRIGHTON, CO 80601

OFFERING MEMORANDUM

Each Office Independently Owned and Operated kwcommercial.com 2

OFFERING MEMORANDUM

Confidentiality & Disclaimer720 PLATTE RIVER BLVD, BRIGHTON, CO 80601

All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness ,veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financialperformance of the property for any party’s intended use or any and all other matters.

Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived,or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and othermatters of significance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independentprofessionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KWCommercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercial does not serve as a financial advisor to any partyregarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that maybe provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with acertified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies withapplicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed byDenver Downtown in compliance with all applicable fair housing and equal opportunity laws.

KW COMMERCIAL

917 Auraria Pkwy

Denver, CO 80204

PRESENTED BY:



We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors shouldconduct your own investigation of the property and transaction.Each KW Commercial Brokerage Business is Independently Owned and Operated

http://www.kwcommercial.com


OFFERING SUMMARY

SALE PRICE: $3,200,000

LOT SIZE: 39,783 SF

BUILDING SIZE: 6,465 SF

YEAR BUILT: 2005

RENOVATED: 2019

PROPERTY OVERVIEWExpress Tunnel Car Wash featuring 100ft tunnel with an advanced water reclaim treatment system. Excellent visibility from PlatteRiver Boulevard in Brighton. 35,000 VPD on Hwy 85. Typical Annual Gross Sales of $800,000. $450,000 in capital improvementsin 2019.

Sale includes Real Estate, Business Property, Goodwill, Equipment, and POS System.

PROPERTY HIGHLIGHTS• Signage on Platte River Blvd and Strong Visibility from Hwy 85 (35,000 VPD)

• Direct access to retail shopping center featuring Planet Fitness, ARC Thrift Store, Harbor Freight, Dollar Tree, Big Lots, McDonald's, Panda Expressand more

• 100ft Wash Tunnel with Twelve Vacuum Bays

• 120 Unlimited-Wash Members

• Advanced Water Reclaim Treatment System

• Typical Annual Gross Sales of $800,000

• $450,000 in capital improvements in 2019

• 2005 Construction

• 2019 Renovation

Executive Summary

BRIGHTON CAR WASH & DETAIL |



*Upgraded Micrologic Operating System and Kiosk. System controls entry to control access,RFID tag reader to monitor customer usage, and new unlimited wash program software

*Installation of new visual queue. System used to ensure customer is matched to severalavailable wash programs. Photo of vehicle is taken and recorded. The photo is matched topurchase and shown to tunnel operator who simply touches the photo to send the car throughthe tunnel.

*Installation of eight new vacuums from IVS for customers to use. Vacuums are provided free ofcharge and available to all customers during normal business hours.

*Installation of new Anti- Collision system to safeguard against collisions inside tunnel. Thisallows 30% increased volume due to improved staking capabilities.

*Replacement of conveyor track and drive. Drive motor replaced along with take up gear. 90%of track rails have been replaced. Work is currently scheduled to complete the renewal processduring periods of weather closures.

*Installation of two new arches that allow improved finishing process by adding additional waxfinishes and improved rinsing.

*Upgraded Water Reclaim system to include new pumps and improved filtration.

*Improved water treatment of both soft water treatment and reverse osmosis in order to bettermanage grains in water stream.

*Upgraded chemical dispensing systems to improve dilution consistency.

2019 Renovation




Location Maps




Lobby And Dog Wash







Potential Income And Valuation




Demographics



KW COMMERCIAL

917 Auraria Pkwy

Denver, CO 80204

Brighton Car Wash & Detail

OFFERING MEMORANDUM



PRESENTED BY:

720 PLATTE RIVER BLVD, BRIGHTON, CO 80601

OFFERING MEMORANDUM

Documents

OFFERING MEMORANDUM Brighton Car Wash & Detail