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If you are not First you are Last!!!
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reVISION Masters is always looking at unique opportunities to diversify in real estate. Complimenting our multifamily acquisitions and new builds, we have joined forces with an incredible developer and operator of 120'+ tunnel car wash assets.
6 locations are under contract (3 in Texas and 3 in Georgia). Entitlements have been completed on 3 and we are getting ready to close on them in 45-50 days.
What do we like about these mid-tier car wash assets:
- Fragmented industry
- Scalability
- Low Labor Cost
- Affordability to customers
- Only a 5% decrease in revenue (nationally) during COVID lockdowns
- Location and demographic specific
- Short development/construction period (10-12 months)
- Cash flow POSITIVE (6-9 months after opening)
- Very high profit margins compared to other cash flowing real estate
We will be presenting these opportunities to our reVISION Masters database in the next 15-30 days.
NOTE:
- The amount of capital needed for each facility is relatively low, so this WILL be on a FIRST COME FIRST SERVE basis to "Accredited Investors" and "Qualified Purchasers" only via Reg D 506(c).
- Existing reVISION Masters investors and those in our database will have preference.
Check out the progress at the McKinney location (set to open the end of next month). Already getting membership signups from the Ricky Bobby banner. MORE TO COME........
Get on our VIP list at info@revisionmasters.us or click the link on our homepage.