Business Summary:
SALE PRICE: $500,000 CASH AT CLOSING PLUS INVENTORY AND SUPPLIES AT COST
PROPERTY INFORMATION
Parcel Size: 1.02 Acres (Approximate)
Building Dimensions: 80' x 48' (Approximate)
Building Size: 3,460 ft^2 (Approximate)
Car Wash Size: 1,428 ft^2 (Approximate)
Dispensers: Five (5)
Fueling Positions: Ten (10)
Storage Tanks: 1 x 15,000 - Regular
1 x 12,000 - Premium
1 x 8,000 - Diesel
LEASE INFORMATION (Triple Net)
Base Rent: $147,683 Per Annum
Expiration of Current Term: December 28, 2022
Option Terms: Two x 5-Year
Base Rent Escalation: Yearly by CPI - 3% to 7%
FISCAL YEAR END/TO-DATE INFORMATION
April 2008 - December 2008
Gasoline Gallons: 1,449,667
Diesel Gallons: 84,527
Inside Sales: $701,528
Other Income: $15,439
Car Wash Sales: $18,603
Property Taxes: (12,133)
Utilities: (40,897)
NOTE: SALE PRICE DOES NOT INCLUDE LAND OR BUILDING
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