SOLD

BUSINESS BREAK-DOWN
CAR WASH ID# 00010

LOCATION                       Brooklyn
LEASE TERM                    Sold with property
SIZE (SQUARE FT.)          10,000 sq ft
OPEN DAYS TIMES
WASH CARS PER YEAR     70,000/year @ $ 6.50 per car
ACCESSORIES STORE      $ 0.70 /car
OTHER INCOME          Gas station with c-store $ 3,850/m

            10  years lease. + 2000sq ft building potential rent
                                                                $ 2,000.00/M
NUMBERS OF EMPLS
ASKING PRICE CASH                                $ 1,750,000.00
DOWN PAYMENT                                      100%
EXPENSES MONTHLY:            GROSS INCOME:
RE Tax                 $ 500.00        
Total Payroll          $ 10,000.00
Insurance             $ 750.00        
Electric/gas           $ 1,850.00
RENT                    $ 46,200.00
Phone Bill              $ 150.00        
Supplies                $ 3,950.00
Water Bill              $ 800.00               CAR WASH            $455,000.00
Repairs                 $ 300.00               ACCESSORY         $49,000.00
Credit Card Service $ 500.00               POTENTIAL RENT  $24,000.00
Manager               $ 3,000.00 (manager position can be eliminated, additional income  $ 36,000.00/year)
M & S/ alarm/garbage  $ 330.00
Advertising                $ 300.00        
Pay Roll & Sale tax      $ 500.00        TOTAL GROSS:/Y$ 574,200.00
TOTAL EXPENSES:/M $ 22,930.00           EXPENSE:/Y $ 275,160.00

                                          NET INCOME: YEAR $ 299,040.00
Total property area 10,000 sq ft
4000sq ft
Rented to gas station $ 3,850.00/m
4000sq ft
Presently working car wash. (operated by the Seller)
2000sq ft
Will be rented or used as a detailing shop by the buyer.