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Canberra Profile

Average age: 31 years
Houses: 0.0%
Townhouses: 0.0%
Flats & units: 89.4%
Other: 10.6%
Population: 722
     

Aquarius Carwash Mitchell, Canberra

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$430,000

Blue chip Business Investment.

Business investors please circle this one.

Perfectly positioned on the major entry point to Mitchell, this car wash has been in operation since 2003 and has developed a strong local following.

With major entry barriers to competition and opportunity to expand operations this is a blue chip business investment opportunity.

If you are looking for a stable and secure cash flow investment with great deprecation benefits that requires minimal human involvement then circle this profit producer.

• Investors' return on investment per financial statements $164,000: 5 hours per day owner/manager involvement.
• Long secure lease offered. 846sqm footprint.
• All improvements including self-serve wash bays, laser-wash, building, plant and equipment included (you lease the dirt).
• 1 fully automatic laser-wash blow-dry carwash and two self-serve wash bays.
• Fully systemized, minimal technical skills required and low maintenance.
• Great cash-flow producer.
• Ability to add additional bay and/or dog-wash.
• 94% gross profit.
• Located en route to one of Australia’s growth hot spots – Gunghalin.
• Expansion opportunity.

Asking $430,000 + SAV

Interested buyers are asked to complete a confidentiality agreement with Capital Commercial Business Sales. Complete business sales dossier available.

If you are interested in this business, please use the ‘enquire’ form on this webpage or alternatively register your interest via email to sales@capitalcommercial.com.au – our friendly sales team will be more than happy to provide a detailed business dossier containing financial and operational information for this business. Email is the best avenue to guarantee a timely response, however we are also contactable by telephone on 02 6253 4664.
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Agent Details

Capital Commercial Business Sales

P: 02 6253 4664
F: 02 6253 4665
E: sales@capitalcommercial.com.au

Suite E1, 1 Hall Street Lyneham ACT 2602
www.capitalcommercial.com.au

Capital Commercial Canberra Pty Ltd
Licensed Agent
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Ian Lampl

Ian Lampl View profile

0413 969 408 sales@capitalcommercial.com.au

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What do I need to purchase this property?

Initial Requirements (assuming sale price of $430,000)

Stamp duty $16,650
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $43,000
  Total initial payment:   $61,805

Monthly Repayments (assuming deposit of $43,000 and sale price of $430,000)2

Loan repayments on $387,000 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $2,562 per month

Notes

  1. 1Legal fees are estimated and will vary from firm to firm.
  2. 2Includes application fee, mortgage legals and valuation for standard residential ACT property. Additional Land Titles Office fees are applicable for the registration and transfer of mortgage. The calculation given above is an example estimate only and may not correspond with what is commercially available.

Listing Age and Views

This listing was first displayed on 24/8/10, last updated on 19/3/12, and has been viewed 4942 times. Please note the counter is not updated immediately.

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