Message Number363936
Subject LineCar Wash $1.2M. Automatic Soft Cloth Full Service + Detailing. Great Curb Appeal.$125K Spent on Recent Upgrades. Nets $180K/Yr. 15% Return On Investment!Windsor
Business area
Southwestern Ontario
Windsor Essex
Location, CityWindsor
Business categoryShopping Centres/Strip Plazas/Retail
Commercial Buildings/Hotels/Motels
Business Opportunities
Sites Commercial and Industrial
Date of ListingApril 13 2018
Type DescriptionAutomatic Full Service Car Wash (Soft Cloth) + Detailing
Price CommentExcellent 15% Return on Investment!
Size52.5' X 208' + Adjacent Lot 60' X 83' = .40 Acre.
Building area5340
Building Area CommentGreat Curb Appeal. Many Recent Equipment Upgrades
Site area52.5' X 208' + Adjacent Lot 60' X 83' = .40 Acre.
ZoningRetail Commercial
Net Income$180,000
Cap Rate15% Return on Investment With Owner Operator!
LoansBroker May Arrange With $300K Down Payment
EquityNeed Minimum $300K Down Payment.
YieldExcellent 18% Return on Cash Down Payment of $500K
Comments105 Foot Tunnel with Separate Detailing Area. Very Profitable 15% Return! Close to 30,000 cars/ year.
One of Windsor's Busiest Automatic, Full Service Car Wash + Detailing Centres (2 Door Bay).
Nicely Designed Building With Great Curb Appeal.
Building Recently Painted.
$125,000 Recently Spent on Upgrades. New Conveyor Belt ($40,000). New Lighting Systems ($18,000). New Steam Cleaner ($6,000).With 8 Brushes (Includes 2 Tire Brushes) + 6 Air Dryer Blowers + 14 H.D.Cameras (Can Monitor Operation Remotely).State of the Art P.O.S.Computer System.
Adjacent Lot 60' X 83' Also Included For Upside Potential of Lube Shop/ Detailing Shop or Used Car Or Retail Sales.
Manager Would Like to Stay if looking for Hands-Off Investment!
Please note!
Detailing packages represent about 10% of Sales. Great Potential to Increase also.
Please Note: All Information Is Believed To Be Accurate,But Not Guaranteed and Should Be Independently Verified. No Warranties or Representations Are Made Of Any Kind by Real Estate Homeward Brokerage.
Internet Links

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Motivation RatingDesperate to Save Equity
Impending Event Coming
Part Paper/Cash
All Cash at Retail
Broker's Recommendation 15% Return on Very Profitable Car Wash Operation.
NameRoger Beech
TitleCommercial Real Estate Broker
Company NameReal Estate Homeward Brokerage
Address Line One1858 Queen St. E.
Zip/Postal CodeM4L 1H1
Business Phone Number(416)694-3336
Cell Number416-455-9767
Home Number416-455-9767
FAX Number(416) 463-2212
Email AddressSend Email
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