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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$990,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
This established and profitable car wash consists of 4 separate washing bays. It is designed to cater to a high volume of vehicles and generate significant profits. The facility is equipped with modern and advanced car washing equipment including high pressure water guns, foaming brushes, vacuums and tap payment system for max efficiency. Bays are spacious to accommodate SUVs and small trucks ensuring a diverse clientele. Located on a major road, this profitable car wash business is highly efficient and a lucrative venture for an entrepreneur. One bay is leased to a detailing company for passive income. (id:39198)
Location
Province
Ontario
City
Windsor
Address
483 Tecumseh Road West
Postal Code
N8X1G8
Location Highlights
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Listed by
KEY SOLUTIONS REALTY LTD. - 390 Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$990,000
Asking Price
$990,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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