Description

The 10-acre businesses are operating and in mint condition. Buildings and Equipment is impressive. Operator is hands on 7 days a week and is very picky. Cameras are setup throughout the property.
Ice Cream/Food Parlor only operates 25 weeks. The food parlor can stay open all year but owner goes South. The diversity in these businesses creates a strong business model. The laundromat has remote open and close.
A national C-store with fuel offered to build facility on property, so there is more opportunity for new buyer. Owner does not have to sell and is attached to this business(s) (but thinking of retiring). The owner also offered to stay on to operate at a low fee if new owner is absentee. The area has Jewish retreats and is prime to build something to cater to them.
The Ice Cream/Food parlor only uses high grade meats and products; the food is made on premises.
The car Wash and Laundromat use well water with municipal water for backup only.
Uhaul is straight commission and paid weekly.
Drive thru food facility is rented for $1000 per month.

The Approximate fixed expenses are as follows:
School and Property taxes---$34,000 yr
Car wash Electric--$9500 yr
Sewer for facility--$25,000 yr
Misc---$15,000 for Car Wash.
Laundromat Electric--$8,000yr
Laundromat Gas---$13,500 yr
Ice Cream/Food Parlor---Net is approx $100k plus after expenses. Sales with this facility is 8k -12k week for 25 weeks.
Vacant land in back is another opportunity for someone.

The owner put lots of thought and expertise when he built these businesses and has operated it for a long time. The business is setup with few employees.

This property and its diversity of businesses make it a great investment. Each business listed are in separate buildings on the property.

Posted Aug 31, 2016

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