New Hampshire, 12/28/2020 – SVN | Masiello, one of the nation’s premier brokerage firms, has completed the sale of White Water Car Wash, a full service car wash facility on .29 acres of land at 525 Central Ave in Dover NH to Ryan, Michael, J. Douglas and Benjamin Madden for an undisclosed amount.
Matthew Bacon and Cassandra Farley of SVN Masiello represented the seller, White Water Car Wash and Detail Center, LLC, and assisted the buyer in the transaction. “Full service washes with proven track records continue to attract significant investor and operator interest. In many geographies, the car wash industry has not seen the same devastating impacts from COVID that other industries have had to face. Many successful washes like White Water have continued to see a rise in revenue” said Cassandra regarding the transaction. Matthew and Cassandra provide specialized services to the car wash industry, combining their real estate expertise with in-depth knowledge of this niche industry and its trends. Contact SVN Masiello Group and the team at North East Car Wash Advisors for more information.
“We’re excited to be running a family business together and Matt and Cassandra were a pleasure to work with”, commented new owner Ryan Madden.
SVN is the only major commercial real estate brand that proactively markets all of its qualified properties to the entire brokerage and investment community. Participating in approximately $12.1 billion in sales and leasing transactions in 2018, SVN Advisors shared commission fees with co-operating brokers in order to close more deals in less time and at the right value for clients. Advisors also reap the benefits of our SVN Live® Weekly Property Broadcast, cloud-based leading-edge technology, and national product councils. This open, transparent, and collaborative approach to real estate is the SVN Difference.
About SVN | Masiello
SVN | Masiello an independently owned and operated SVN® office located in Hudson, NH The SVN® brand is a globally recognized commercial real estate entity united by a shared vision of creating value for clients, colleagues, and communities. Currently, SVN comprises over 1,600 advisors and staff working in more than 200 offices across the globe. SVN’s brand pillars represent the transparency, innovation and inclusivity that enable all our advisors to collaborate effectively with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create outsize value for all stakeholders.