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Joseph Biello Company LLC

       JUST REDUCED                                   FOR SALE Car Wash @ 650,000.00
                                                Down Payment: $350,000.00
                                              (Discount for an All Cash Offer) 
                                      This full service car wash is a MUST SEE!
                                               Extremely low rent 17  Lease.

Washed over, 38,000 cars last year with a robust detail business as well. The owner last year invested over $100,000.00 last year implementing new modernized equipment, new state of the art computers and carwash Machinery, including controllers, soft cloth brushes, signage, paint, and conveyor chain. The brand new POS system keeps track of every vehicle washed including all retail sales and automatically reports all transactions. This wash has existed at this location for over 35 years and is well known in the surrounding community. Located at the intersection of two heavily roads, traveled by thousand of cars daily. The retail store has a well stocked inventory of mats, wheel covers, car accessories and car impulse items. Limited; room available to add one or two oil change bays. The seller is involved with local high schools to increase fundraising sales, excellent for customer relations and local exposure. MUST SEE!
 Lease Offered Years: (17 Years) Cars Washed Last Year 38,000, Average per Car = $16.00
Gross Income from All: $608,000.00
 
Yearly Expenses
Rent: $52,000.00
Property Taxes: $18,000.00
Electric / Gas: $19,950.00
Telephone: $1,200.00
Water & Sewer: $1,250.00
Soap-Wax- Detail Supplies: $24,000.00
Maintenance: $3,000.00
Labor: $ 170,000.00
Payroll Taxes: $15,000.00
Misc. $28,000.00
Refuse: $2,850.00

Insurance: $12,000.00
Accountant: $1,300.00

Yearly Expenses: $348,550.00
Cash Flow: $259,450.00

                 "For Address - Income & Expenses" Click Here For The "Required" Confidentiality Agreement 

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