108 High Tide Dr, Beaufort, SC, 29906
Panache Car Wash
Key Information
Highlights
• Express Car Wash | Business and Real Estate – Opportunity to acquire the operating business, building, and underlying real estate associated with a newer construction express car wash.
• Strong Customer Reception | 4.8-Star Google Rating – The property benefits from a 4.8-star Google rating supported by 192+ customer reviews, indicating strong customer satisfaction and favorable market acceptance.
• Unlimited Wash Club | Recurring Revenue Stream – The business operates with an unlimited membership model, supporting a more consistent and predictable recurring revenue stream. Current membership pricing tiers are $19.95, $32, $39, and $45.
• Recent Construction | Econocraft and Istobal Equipment – Constructed in 2024, the Panache Express tunnel features a mix of Econocraft and Istobal equipment, reflecting a modern, high-quality buildout. The offering is presented below replacement cost, which may provide an attractive basis relative to new development.
• Potential Tax Advantages | Section 179 and Bonus Depreciation Considerations – Certain car wash assets may qualify for business expense deductions under IRS Code Section 179, including potential first-year deductions of up to 40 percent of cost, and in some cases may also qualify for bonus depreciation related to personal property acquisitions. Matthews™ does not provide tax, legal, or accounting advice, and purchasers should consult their own advisors regarding applicability and treatment.
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