Sale Of BusinessMLS® X12916086
5554 HIGHWAY 38 N/A
47 - Frontenac South, Frontenac, ON K0H 1V0
$1,649,900
About This Property
Amazing Investment Opportunity! 3 Income sources on one 2 acre property with room to expand (Car Wash/Vacuum, Storage Units, and Solar Panels). Excellent cash flow and strong profit margins with consistent year-over-year growth. 4 Self Service Bays with 2 being optional drive thru. One Bay is larger for RV's, buses, commercial vehicles. Low operating cost - no monthly water or sewer bill. Coin and debit operated, recession roof, pandemic proof cash business with a 20 year proven track record. Second source comes from 14 storage units (2 - 10' x 10' units), (12 - 10' x 20' units) always fully rented year after year with a waiting list. Plenty of room on the property to add additional units! Finally, the third source - 10 kilo watt roof top solar generating system. 4 years remaining on contract with Hydro One then generation from solar panels can be used to power car wash. Everything is remotely manageable with minimal upkeep, little to no staff, 24 hour service and access, no franchise fees. Contact the agent for more information.
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