Well established carwash located in center of city. Current owner bought for son to run--he is now moving out of area. Seller who is a contractor has approved plans with city for complete remodel and is willing turn over plans and do the construction for 80k if buyer wishes. You can have a brand new remodeled wash with steady established base and a great lease of only 5450 monthly with 28 years remaining. Sales normally steady around 50k monthly, 2009 due to recession sales ran 38k monthly with net of 17k monthly. Lot size is 18,616 Sq FT and building currently about 4950 Sq FT. Price reduction. Can purchase with 300k downa nd assume existing loan with 11% interest fixed or 400,000 down and get new loan.
