Wert-Berater, Inc. — Independent Feasibility Study Consultants
Press Release · Car Wash · California · SBA 504

Wert-Berater, Inc. Completes Express Car Wash Feasibility Study in Alhambra, California

An independent Express Car Wash Feasibility Study evaluating a ground-up express tunnel car wash on a primary arterial corridor in Alhambra, California.

Express car wash
Wert-Berater, Inc. Completes Express Car Wash Feasibility Study in Alhambra, California

For Immediate Release · 2025-03-28

Asset class
Car Wash · California · SBA 504
Program
SBA 504 · SOP 50 10 8
Evaluated value
$7,480,000
Study conclusion
The express car wash development was evaluated for SBA 504 financing on a primary arterial corridor with favorable demographics and a favorable competitive position within its primary trade area
Location
Alhambra, California, Los Angeles County
Completed
2025

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.

Project Summary

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.

Market Position

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.

Entitlement Record

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.

Feasibility Study Challenges

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.

About Wert-Berater, Inc.

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 more than 4,000 engagements across all 50 states and internationally, evaluating over $40.2 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.

About this release. This announcement summarizes a completed, independent Wert-Berater engagement. Details have been anonymized to protect client and lender confidentiality; no borrower, lender, or property is identified. Figures reflect the project as evaluated at the study date.
Donald Safranek, MSc — President and feasibility study consultant, Wert-Berater, Inc.
Donald Safranek, MSc

President, Wert-Berater, Inc. — independent feasibility study consultants since 1998. More than 4,000 feasibility studies completed across all 50 states and internationally, evaluating $40.2 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

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