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Bradford Commercial/Residential, Completely Renovated From Top To Bottom, Total 4715 SqFt, Building With Business Asking $1,199,000.

Hamilton, Automatic Car Wash (Cloth). Full service 90" tunnel. 25,000 cars/year. Asking $1,350,000. Nets over $200,000 per year.

Message Number	261223
status	Active
Subject Line	Hamilton, Automatic Car Wash (Cloth). Full service 90" tunnel. 25,000 cars/year. Asking $1,350,000. Nets over $200,000 per year.
Business area	Canada Ontario Southwestern Ontario Greater Toronto area Niagara Region
Location, City	Hamilton,Ont.
Have/Want	Have
Business category	Shopping Centres/Strip Plazas/Retail Commercial Buildings/Hotels/Motels Business Opportunities Sites Commercial and Industrial
Date of Listing	May 16 2012
Type Description	Automatic car Wash- Full service (Cloth)
Location	Hamilton (Downtown)
Price	$1,350,000.00
Price Comment	Priced to sell with a 18% + Return on Investment
Size	56.50 ft. X 200 sq.ft.
Building area	3000
Building Area Comment	$100,000 Recently Spent on Improvements.
Site area	11300 sq.ft.
Zoning	Commercial
Gross Income	425,000
Expenses	224,000
Net Income	201,000
Cap Rate	17%+
Loans	Treat as Clear
Equity	Need minimum $450K down payment!
Yield	30% Return on actual cash invested!(downpayment)
Comments	Great starter opportunity to be in the car wash industry in busy downtown Hamilton location. Excellent "Cash Business" Be your own boss. Very profitable. Has been established over 45 years. Includes current local Metropolitan Police account which proves the successful reputation that this car wash has established. Recently upgraded $100K of New Equipment. Won't last! Busy summer season approaching. Asking $1,350,000. Net profit over $200,000. Listing Broker can assist with financing and with 25 years experience in the industry, can get the most competetive rates in Ontario. Buyer to verify all financials with Seller on accepted Offer during the due diligence period to be arranged. Won't last. Please make enquiries immediately. Thank you for your interest to this point
Internet Links
Client Details	User/Manager
Client Situation	New Opportunity No Real Problem
Clients Objective	Opportunity
Motivation Rating	Impending Event Coming
Client Will	Add Payments (or Paper) Provide Financial Statement Take Back Mortgage
Client Wants	Cash
Explain Client's Motivation	Wants to work less hours due to health.
Broker's Recommendation	Excellent profit.! Hard to beat!
Control	Exclusive
Name	Roger Beech
Title	Commercial Real Estate Broker
Company Name	Real Estate Homeward Brokerage
Address Line One	1858 Queen St. E.
City	Toronto
State/Province	Ontario
Zip/Postal Code	M4L 1H1
Country	Canada
Business Phone Number	(416)694-3336
Home Number	(416)-719-3575/416-455-9767
FAX Number	(416) 463-2212
Email Address	Send Email
Home Page	Home Page

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