Great Price Carwash And C-Store - 25 Year Lease
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Description Carwash and C-Store for sale, located on a very busy road. located right next to a busy gas station that does over 400,000 gallons per month. The gas station does not have a store, and the gas customers go into this C-store. The new owner can realiza significant upside by operating this store for 24 hours. New ATM Machine is coming in, which will increase foot traffic. Carwash business is growing, with newly acquired NYPD, Fire Department and car service accounts. Carwash equipment in good condition. The owner has just made capital improvements to the store and canopies.
Rent for the carwash and c-store and small warehouse is $5,500 a month, The warehouse is being sublet for $1,200 a month, bringing the owner's net rent to $4,300. Lease is brand new 25 years. 3% increase per year. Landlord is responsible for real estate taxes, tenant will only pay for escalations. Carwash has been appraised for $550,000 conservatively. Full equipment list available. Email or call Christine (917) 673-1574 or Yeshua (646) 316-8858 asap. 99.9% of all calls answered immediately. Note: Principals only, thank you.
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