Profitable Car Wash Business in Big City, Alberta

Description

Excellent location with great visibility. Includes 4 leasable retail/office bays currently leased by reputable tenants. This site provides good access and good exposure. Located next to the former airport which consists of 536 acres set to be redeveloped as a mixed used area.
11 wand wash bays -2 Auto bays (Installed in January 2019) -1 Detail bay (currently operated by convenience store tenant with profit share of 50% or approx 1,500/m)

 

The sale is structured as a sale of 100% of the authorized and issued share capital of the company. Working Capital shall be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most all of your questions.

Financial Information

Revenue:
2019: $560,623
2020: $563,498
2021 Projection : $653,657
SDE:
2020 : $309,157
2021 Projection : $358,600

Real Estate

LEASE DETAIL
Convenience Store & U Haul Tenant ($2,300/m)
Used Car dealer shop ($1,200/m)
Hair salon start from October ( 5 year & 5 year option, 1st year : $1,400/m, 2nd : $1,500, 3rd : $1,600/m)
1 vacant place will be leased out from October 1st to music recording Company($800/m).