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.
– Leased with $3,000/ m and Seller is processing the purchase of the land as $2,050,000 so the Buyer has an option to buy this land or assign the lease of the land.
– The asking price is included the building, equipment and all leasehold improvements.
– All the time 2 staffs stay except the owner.
ZONING:
AGE: 2003
REVENUE (Year end July 31)
2023 ( 8 months) :Aug 1 ,2021 – July 31 2022 : $571,793, Aug 1, 2022 – July31, 2023 : $645,819 Increased $74,026
2022 : $858,461
2021 : $919,410(Including $44,146 Subsidy)
2020 : $892,489(Including $66,817 Subsidy)
2019 : $921,300. 2018: $937,000
– The revenue used be about $1,4000,000 when oil industry was busy
NOI 2022:$430,017, 2021 : $475,654
LOCATION OVERVIEW
– Surrounding Park, Car dealer shop and business industry park.
– High visiblity from Highway.