Car Wash/Soft Touch/Full Service/85'Tunnel/Niagara.Est.9 Yrs.40,000 Cars/Yr!+ Detailing.No Competition.Great Accounts.Asking $2.4M. Nets $320K/Yr. 14% Return!!

Message Number	215562
status	Active
Subject Line	Car Wash/Soft Touch/Full Service/85'Tunnel/Niagara.Est.9 Yrs.40,000 Cars/Yr!+ Detailing.No Competition.Great Accounts.Asking $2.4M. Nets $320K/Yr. 14% Return!!
Business area	Canada Ontario Niagara Region
Location, City	Niagara Falls
Have/Want	Have
Business category	Shopping Centres/Strip Plazas/Retail Commercial Buildings/Hotels/Motels Business Opportunities Sites Commercial and Industrial Net Leased Investment
Date of Listing	March 10 2010
Type Description	Car Wash/SoftTouch Automatic/85'Tunnel +Detailing
Location	Niagara Falls
Price	$2,400,000.00
Price Comment	14% Return!! Very Hard to beat!!
Size	200'X150'/ 33,000 Sq.Ft./ 3/4 Acre (To verify)
Building area	5200
Building Area Comment	State of the Art with Posh Waiting/ Retail Area
Site area	200'X150'/ 33,000 Sq.Ft./ 3/4 Acre (To verify)
Zoning	Automotive Commercial
Gross Income	$550,000
Expenses	$230,000
Net Income	$320,000
Cap Rate	14 %!! Return on Investment
Loans	Broker Can Assist with Miminum $500K Down Payment
Equity	Minimum $500K Doan Payment With Qualified Buyer
Yield	26% on Actual Cash Down Payment!!
Comments	Very Busy State Of The Art: Full Service,Soft Touch Car Wash.(85' Tunnel)+ Detailing. Belanger Wave System/Pro Class 80. Washes Approx.40,000 Cars/Yr. Established For 9 Years.'Only Game In Town', Of 100,000 People.Very little Competition! Excellent Accounts: Casino Niagara(4000 Employees Get Discounts.) Regional Police, OPP. 'Numerous' Limosine Companies, Car Dealerships Etc. Excellent Detailing Facilities. Extras: New Digital Electronic Street Sign($27K). New Teflon Guard Rail Protector System. New High End Rain Bar Dryer System. Excellent Return On Investment And Secure. No Competition!
Internet Links
Client Will	Move Loan(s) With Keep and Create Against Provide Financial Statement Take Back Mortgage
Explain Client's Motivation	Diversification
Broker's Recommendation	Very Hard to Beat Return 14%! Very Safe Investment
Control	MLS
Name	Roger Beech
Title	Commercial Real Estate Broker
Company Name	Royal LePage Homeward Brokerage
Address Line One	1858 Queen St. E.
City	Toronto
State/Province	Ontario
Zip/Postal Code	M4L 1H1
Country	Canada
Business Phone Number	(416)698-2090
Home Number	(416) 455-9767/416-719-3575
FAX Number	(416) 463-2212
Email Address	Send Email
Home Page	Home Page

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