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"JOBCO" JOSEPH BIELLO COMPANY LLC

REF# 202

                      $1,700,000.00   "Just Reduced "  $1,350,000.00
                                        Ground Floor Opportunity
                            (Newly Renovated Car Wash & Lube)
 
                                  
The Property alone was just appraised at $1.000,000.00
                                                  Without Car Wash or Oil change Equipment


This location opened October 2008, the developers used all the top equipment, and quality building and site development. To date the location is washing cars at a $14.00 average per car and is conservatively projected to wash 30,000 cars the first year, This will equal $420,000. The oil change is projected to do 10,800 cars the first year. This will equal $324,000 yearly sales at a $30.00 average per car.

Projected Yearly Expenses
Rent & Property Taxes: $38,400.00
Utilities: $18,000.00
Water & Sewer: $4,000.00
Telephone: $1,200.00
Soap-Wax & Detail Supplies: $15,000.00
Labor: 125,000.00 (Includes payroll Taxes)
Credit Card Fees: $6,500.00
Store Supplies: $ 6,000.00
Misc. Expenses: $ 8,000.00
Maintenance: $8,000.00
Insurance: $10,000.00
Advertisement: $6,800.00

Total Yearly Expenses: $ 246,900.00
Total Gross Sales: $ 744,000.00 
Cash Flow: $ 497,100.00

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