Profile: Hand Car Wash With Lube And Long Lease.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$1,200,000 |
| Down Payment: |
$500,000 |
| Annual Revenue: |
$600,000 |
| Annual Adjusted Net: |
$200,000 |
| Price Range: |
$1 Million to $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Two And One Half Year New Car Wash Grossing About 600,000 (Includes 1,500 SF C-Store Generating About 4-5,000/Mo) With Net About 200,000 On Large 31,000 SF Lot. 80 Ft Tunnel And New Equipment. Avg Tik: 17. Room To Add Smog, Brakes, Etc. The Oil Change (Avg. 29.99) Has A 'downstairs' Unit So Cars Are Not Hoisted. Large Car Related Business Next Door Adds More Business Potential. Lease Can Be Negotiated With Owner/Operator At 9,100/Mo For About 30 Years With First Right Of Refusal. P&l Available To Qualified Buyer. Note: With 500,000 Down, Owner Will Carry The Balance At 8% For Five Years Amortized Over 20 Years For Lower Payments (With A Balloon Payment At The End). For Instance, 700,000 At 8% For 20 Years Is A Payment Of 5,855.08/Mo Or 70,260.96/Yr For Cash On Cash Return Of 26% On Your Money. Call Now. (Real Estate Available At 3.2 Mil Firm)
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