Canada Commercial Realty

Others

WELL MAINTAINED AND GOOD CASH FLOW CAR WASH

Views: 1204

Listing Serial No.

FO1658366788

Price

$4,990,000

Description

INVESTMENT SUMMARY 

DESCRIPTION            –     10 Barn type bay, 2 Automatic bay

  • 2 Automatic with new payment system replaced in 2021
  • 10,000Sqft building
  • All of equipment have been well maintained like brand new car wash.
  • All the time 2 staffs stay except the owner.

SITE AREA:                                      1 Acre

ZONING:

AGE:                                                   2003

 

REVENUE (Year end July 31)  2023 :$892,021(Expectation revenue : $950,000)

2023 revenue is lower than expectation due to the  front road construction  started from May 16,2023

2022 : $858,461

2021 : $919,410(Including $44,146 Subsidy)

2020 : $892,489(Including $66,817 Subsidy)

2019 : $921,300. 2018: $937,000

 

NOI                                          2021 : $475,654, 2022: $430,017 ,2023 ,2023 :$475,000

Leased  fees in statement  internal transaction  for the Tax purpose.

LOCATION OVERVIEW

-Surrounding Western Park, Car dealer shop and business industry park.

-Can access from Hwy #2 and good visibility from Hwy #2.

 

CONFIDENTIALITY AGREEMENT

    RE :

    I hereby acknowledge that information regarding above business(es) and /or Seller(s) is being provided to me SECRECY and CONFIDENCE and is to be used solely for the purpose of assessing the prospective purchase of the business(es) or property through Maxwell Canyon Creek Realty Francis Lee.

    I agree that such information will be held in strict confidence, that all matters concerning the a aforementioned property will be handled through Maxwell Canyon Creek Realty Francis Lee, that I will not approach or attempt to deal with the owners or employees either directly or indirectly.

    I agree not to disclose any of the information given in connection herewith, either directly, or indirectly, to third parties, except direct support people; nor will I use, or assist others to use, any such information for competitive trade purpose or to circumvent Maxwell Canyon Creek Realty in any transaction or contact with the Seller(s). I agree not to make copies any of the material provided and to return all of it if I discontinue interest in the Business. The material and information furnished is believed to be reliable for the purpose of evaluating the business.
    Further, I agree that all inquires, investigations, negotiations, offers to purchase, and/or letters of intent must be made through Maxwell Canyon Creek Realty Francis Lee. I agree to protect and not disclose the confidentiality of the information I receive permanently, even if I choose not to purchase the said business or property.

    I agree that any breach of the Confidential Agreement (the “Agreement”), directly or indirectly, will be harmful to the Seller(s) and Maxwell Canyon Creek Realty . In consideration for the information given, I agree that the laws of Alberta will govern this Agreement and that all actions that may arise in law and or equity shall be brought in Alberta.

    Accepted and agreed this .