Wash N Go Portfolio – Bedford, OH

Wash N Go Portfolio
5403 Northfield Road, Bedford Heights, OH, USA

Sands Investment Group is pleased to exclusively offer for sale the Wash N Go Portfolio Asset comprising two operational car wash facilities located on Northfield Road in Bedford Heights, OH. This offering presents the opportunity to acquire both the business and real estate (fee-simple) of two established car washes on a high-traffic suburban Cleveland corridor, priced at $3.5M, a compelling basis relative to replacement cost.

  • Priced Below Replacement Cost: At $3.5M for two operational facilities on a 20,000 VPD infill arterial, the ask represents a significant discount to what entitling, permitting, and constructing comparable sites would cost today, without the operating history, brand, or membership base that transfers at close.
  • Fee-Simple Real Estate on a Dominant Retail Corridor: Both parcels are offered fee-simple on Northfield Road, a primary retail arterial in the Cleveland SE suburban market. Infill locations of this caliber are not replicable at a reasonable cost, making the real estate a compelling long-term hold independent of business performance.
  • High-Traffic, Captive Customer Base: Northfield Road connects multiple southeast Cleveland suburbs, Bedford Heights, Warrensville Heights, North Randall, and Maple Heights, with approximately 20,000 VPD passing each site. This generates a large, captive local customer base with strong repeat membership potential.
  • Proximity to Major Regional Traffic Generators: Both sites benefit from nearby demand drivers, including MGM Northfield Park (one of the largest gaming and entertainment destinations in Northeast Ohio), Randall Park, and the broader retail corridor connecting I-480 and I-27, adding consistent non-local traffic beyond the immediate residential base.
  • Dense, Stable Suburban Trade Area: The sites are situated within a densely populated, established residential market in Cuyahoga County’s southeast suburban corridor. The surrounding trade area is supported by national QSRs, auto-oriented businesses, and daily-needs retail, all driving the repeat consumer traffic patterns that favor car wash and membership models.
  • Dense, Stable Suburban Trade Area: The sites are situated within a densely populated, established residential market in Cuyahoga County’s southeast suburban corridor. The surrounding trade area is supported by national QSRs, auto-oriented businesses, and daily-needs retail, all driving the repeat consumer traffic patterns that favor car wash and membership models.
  • Established Membership Base with Day-1 Recurring Revenue: Both sites carry an active membership base, providing immediate, stabilized recurring income from the first day of ownership.
  • New Equipment Across Both Sites: Site 1 features a brand-new dual-format conveyor tunnel with customer-selectable soft cloth or no-touch at the point of sale, a rare market offering. Site 2 features a 5-year-old McNeil/Sonny’s soft-touch conveyor with a 4-bay self-serve area. Sonny’s LPR systems were installed within the past year across both sites.

 

In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker – Lic. #REC.2020005946 BoR: Scott Reid – Lic. OH #BRKP.2020001224

Price

$3,500,000

PREMISES

8,692 SF

BROKERS

List with SIG

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