An independent Express Car Wash Feasibility Study evaluating a ground-up express tunnel car wash on a primary arterial corridor in Alhambra, California.
ALHAMBRA, California — Wert-Berater, Inc., an independent feasibility study consulting firm serving lenders and government agencies since 1998, has completed a Express Car Wash Feasibility Study in Alhambra, Los Angeles County, California.
Wert-Berater served as independent feasibility consultant in connection with the project’s financing. Party names are withheld consistent with the confidential nature of underwriting and capital-advisory work; figures represent the project as evaluated at the study date.
Ground-up development of an express tunnel car wash at 2424 West Main Street in Alhambra, California, in the heart of a primary arterial retail corridor. The total development budget of approximately $7,480,000 is financed under the SBA 504 program through a $3,225,000 bank loan in first position, an SBA debenture, and a $1,289,000 borrower equity injection on fixed 25-year amortizations.
The site’s trade area presents favorable demographics within the primary ring and a favorable competitive position: the analysis examined corridor traffic, membership-model penetration achievable at the location, and alignment with the industry’s documented success factors for express-tunnel operations in dense Southern California submarkets.
Drawings and conditional use permit approvals formed part of the evaluated record, placing the project beyond the entitlement-risk stage that defeats many car wash developments in California jurisdictions and allowing the construction budget to be assessed against an approved scope.
Express car wash underwriting in Southern California turns on saturation: membership economics are strong until a competitor opens inside the drive-time ring. The competitive analysis therefore mapped existing and pipeline tunnels within the trade area, and the coverage analysis was tested against membership-penetration assumptions held below the levels achieved by mature comparable sites.
Wert-Berater, Inc. is an independent feasibility study consulting firm founded in 1998, providing lender- and agency-facing feasibility studies, highest-and-best-use analyses, and capital-advisory support. The firm has completed 4,000+ engagements across all 50 states and internationally, evaluating over $41.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. In every engagement, fiduciary duty runs to the lender and the applicable agency.
Media contact: Donald Safranek, MSc, President, Wert-Berater, Inc. — +1 310-857-2443 ext. 800. Press inquiries only; client, lender, and property identities remain confidential.
President, Wert-Berater, Inc. — independent feasibility study consultants since 1998. 4,000+ engagements completed across all 50 states and internationally, evaluating $41.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. Fiduciary duty runs to the lender and agency in every engagement.
+1 310-857-2443 ext. 800 · email · 1968 South Coast Hwy, Ste 2382, Laguna Beach, CA 92651 · 111 Town Square Pl Ste 1238 PMB 657834, Jersey City, NJ 07310 · 539 W. Commerce St #8486, Dallas, TX 75208 · 66 W Flagler Street, Suite 900, PMB 12704, Miami, FL 33130
Schedule a ConversationIndependent feasibility studies since 1998 — 4,000+ engagements, $41.2 billion in evaluated project value. Standard delivery in 10 to 15 business days. Fiduciary duty to the lender and agency.
Legal disclosure. Wert-Berater, Inc. offices are mailing addresses only. Following the COVID-19 pandemic the firm has elected to work remotely; its office locations receive mail and are not staffed for visitors or in-person meetings. Headquarters mailing address: 1968 South Coast Hwy, Ste 2382, Laguna Beach, CA 92651.
Wert-Berater, Inc. is an independent provider of feasibility studies and other related services. The firm does not provide financing or equity investment advice, and does not arrange, broker, or place debt or equity capital of any kind.
All appraisal assignments are performed by Bruce E. Jones, MAI, ASA-GC, BCA, CMEA, a member of the Appraisal Institute since 2006, a staff member of Wert-Berater, Inc. and owner of Special Purpose Realty Valuation.