|
ACQUISITION OPPORTUNITY #S-2061
CAR WASH
FOR LEASE
PROFILE:
This
full-service car wash, located in a northeastern suburb of
Cincinnati, started business in 2003. In addition to the
full-service wash, a detail center generates additional revenue.
INVESTMENT
HIGHLIGHTS:
-
Excellent location and
demographics
-
Excellent equipment –
recently updated
-
Management staff in place
-
Absentee-ownership
currently operating at a loss – opportunity for a
hands-on operator
-
The business has not been
aggressively marketed
-
Average car count through
the wash: 2,000+/month
LEASE:
$100,000
non-refundable security deposit due at lease signing.
Terms:
Initial Term – five years
First 60 days – Rent abatement
Base Rent - $9,788/month
CAM Charges - $2,400/month
Includes maintenance, taxes, utilities,
insurance,
management fees.
Additional Terms – Two five year options
with CPI
increases.
FOR FURTHER INFORMATION CONTACT:
KEATE PARTNERS
7783A Five
Mile Road
Huntington
Bank Building
Cincinnati,
OH 45230
(513)
241-3700 Fax (513) 852-8325
www.keatepartners.com
|
