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LOCATION ADDRESS
Brooklyn, NY
LEASE TERM
35 Years
SIZE (SQUARE FT.)
OPEN DAYS
7 TIMES 8a – 7p
WASH CARS PER YEAR 50,000 @ $ 9.50 per car
ACCESSORIES STORE INCOME $ included in average per car
DETAILING INCOME $ included in average per car
ASKING PRICE
$ 690,000.00
DOWN PAYMENT $ 350,000.00
FINANCING ( BY OWNER) $ 340,000.00 10years @7%
INVENTORY Included in the price
REMARKS
EXPENSES MONTHLY:
GROSS INCOME MONTHLY:
RE Tax/Rent
$ 4,560,00 CAR WASH $ 39,583.00
Total Payroll
$ 9,200.00
Insurance
$ 670.00
Electric
$ 1,100.00
Garbage/Alarm $ 60.00
Phone Bill
$ 100.00
Water Bill (well water) $ 50,00
Credit Card Service $ 300.00
Heat/gas Bill
$ 250.00
Payroll Tax
$ 700.00
Sales Tax
$ 500.00
TOTAL GROSS:/M
$ 39,583.00
TOTAL EXPENSES:/M $ 17,400.00
NET INCOME: MONT $ 22,183.00
NET INCOME: YEAR $ 266,196.00
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