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#Business ID: 20215

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Well Kept Commercial Building With Car Wash

Business Location: New Jersey, United States

Asking Price: $ 1,200,000 Revenue: not disclosed Cash Flow: $ 62,200

Business Summary

14,000 square feet building on ground floor, 2nd floor 1,200 square feet apartment/office; As of now only tenant is a track car wash who pays 66,000 rent annul rent plus taxes of 9600 annual, Other potential income rentals are from 2nd floor office/apartment 14,400 annual plus tint shop ground floor next to car wash 16,800 yearly rent. Total rental could be 97,000 triple net. Owner/landlord is working to regain control of car wash, which is semi absent and mismanage. This would be available to purchaser of a modern appearing building; Kept in excellent condition. Car wash lube/ repair building 4,000 square feet adjacent to car wash also available Combining both building will enhance the area of need of central facility.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

The property is owned.
This is not a home based business opportunity.
This is not a franchise resale opportunity.

Property Details

Years Established:

1950

Property Type:

Lease

FF&E:

$ 350,000

Other Business Details

Premise Details:

This specific spot is on the block is the only well kept building within this area, that is now turning upward.

Competition:

Buying car wash building and combining with lube/ repair adjacent building creating a major care destination place that this area really needs.

Business Operation Details

Support & Training:

The owner is not willing to train/ assist the new owner.

Miscellaneous Details

Financing Available:

Yes
Buyer would have to obtain mortgage.

Reason For Selling:

Owner divesting all his holdings retirement.

Contact this seller

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