Offered Exclusively Through Keate Partners

 

ACQUISITION OPPORTUNITY S-1691

This full service car wash located in a northeastern suburb of Cincinnati, started business in 1991.  In addition to the full service wash and detail center, additional revenue is generated thru sales of telephone products as an authorized sales agent.

 INVESTMENT HIGHLIGHTS:

         Excellent Location

         Excellent Equipment/ recently updated

         Management Staff

         Absentee Ownership- Opportunity for Owner/Operator

 PURCHASE PRICE: 

The car wash is offered for sale as an asset purchase for $1,100,000.

 Included in the sale (appraised value):

            Land & Building                                                      $   783,000

            Fixtures, Equipment, Leasehold                             $   457,000

            TOTAL                                                                    $ 1,240,000                 

FINANCIAL SUMMARY:  

 

2001

2000  

1999  

1998  

Assets Included

Sales 538,543

$439,285

$525,089 $623,388

Real Estate & Fixed Assets

 

ACF 199,724 $100,210 175,821 161,927    

ACF (Adjusted Cash Flow) is the pretax cash flow of the company prior to expenses of seller’s salary, depreciation, and certain seller discretionary expenses that will be eliminated upon the sale of the business.

FOR FURTHER INFORMATION CONTACT KEATE PARTNERS (513) 241-3700