BATAVIA CAR WASH & QUICK LUBE RELIANT REALTY...A 2017 Car Wash Revenue 2017 Revenue lower due to partial year "down time" for Car Wash re-build. B Base Rent - Quick Lube Current owner

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Coldwell Banker Commercial Reliant Realty

1125 W. 8th Street, Suite 200

Cincinnati, OH 45203

(513) 241-8725 MAIN

(513) 241-8746 FAX

FOR SALE BATAVIA CAR WASH & QUICK LUBE TU

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BROKER CONTACT: Mike Bastin | Senior Vice President

Direct: (513) 618-2823 | Cell: (513) 520-4525 | Email: [email protected]

1012 & 1020 HOSPITAL DRIVE, BATAVIA, OH 45103 | TURNKEY INVESTMENT SALE PROPERTY INFORMATION

Address 1012 Hospital Drive | Quick Lube

1020 Hospital Drive | Car Wash

Batavia, OH 45103

Total SF 4,300 SF | Total

1,500 SF | Quick Lube Building

2,800 SF | Car Wash Building

Acreage 0.9134 acres

County Clermont County

Municipality Batavia Township

Zoning B-2 General Business

Highway

Access Excellent visibility and access to SR

32 with 40,000+ VPD traffic count









(513) 241-8725 MAIN

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Batavia Car Wash

& Quick Lube

1012 HOSPITAL DRIVE, BATAVIA, OH 45103 | OFFICE-RETAIL-MEDICAL INVESTMENT DETAILS

Sale Price $1,200,000

Cap Rate 10.04%

Turnkey

Investment Owner will lease back the Quick Lube

building -and- offer on-site management of

the Car Wash. New owner may elect to self-

manage the Car Wash, at their option.

New

Construction Car Wash building and all associated

equipment & mechanical systems were

completely rebuilt in 2016.

Offering

Details See this Offering Memorandum for P&L history

along with terms and conditions related to

the Quick Lube lease back and Car Wash

operations.









(513) 241-8725 MAIN

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2017 2018 PRO FORMA

Car Wash Revenue

Cash Sales - Car Wash 49,702.45$ 84,117.87$ 85,000.00$

Credit Card Sales - Car Wash 64,883.49$ 62,042.00$ 65,000.00$

Total Car Wash Revenue 114,585.94$ A 146,159.87$ 150,000.00$

Quick Lube Revenue

Base Rent - Quick Lube -$ -$ 25,000.00$ B

Tenant Reimb - Property Taxes -$ -$ 3,195.89$ C

Total Quick Lube Revenue -$ -$ 28,195.89$

Net Revenue 114,585.94$ 146,159.87$ 178,195.89$

Operating Expenses

Office Supplies 109.94$ -$ 50.00$

Property Taxes - Car Wash 5,642.64$ 5,892.60$ 6,380.24$ D

Property Taxes - Quick Lube -$ -$ 3,195.89$ E

Maintenance Payroll -$ -$ 15,600.00$ F

Lawn Care 1,281.00$ -$ 750.00$

Credit Card Fees 3,832.37$ 3,994.87$ 4,000.00$

Licenses and Permits -$ 400.00$ 200.00$

Building Repairs 49.99$ 237.11$ 350.00$

Chemicals 5,700.00$ 1,225.00$ 3,500.00$

Telephone Expense 1,186.47$ 908.89$ 1,100.00$

Gas & Electric - Car Wash 10,243.09$ 11,614.65$ 11,750.00$

Utilities - Quick Lube -$ -$ -$ G

Waste Removal 1,511.97$ 1,682.85$ 1,700.00$

Water 8,520.92$ 9,090.96$ 9,150.00$

Total Operating Expenses 38,078.39$ 35,046.93$ 57,726.13$

Net Income 76,507.55$ 111,112.94$ 120,469.76$

1,200,000$

10.04%

FOOTNOTES & ASSUMPTIONS: Description

A 2017 Car Wash Revenue 2017 Revenue lower due to partial year "down time" for Car Wash re-build.

B Base Rent - Quick Lube Current owner will leaseback the Quick Lube -or- a new owner has the

option to take over Quick Lube operations.

C Tenant Reimb - Property Taxes Owner (as new Tenant) reimburses Landlord for Quick Lube Property Taxes.

D Property Taxes - Car Wash Based on actual 2018 (pay 2019) taxes per Clermont County Auditor.

E Property Taxes - Quick Lube Based on actual 2018 (pay 2019) taxes per Clermont County Auditor.

F Maintenance Payroll In 2017 and 2018 the Car Wash was self-managed (no salary). Owner

will offer to manage the Car Wash at $15/hour as an independent

contractor - salary amount above assumes 20 hours/week.

G Utilities - Quick Lube Owner (as new Tenant) will pay all Quick Lube utlities expenses.

BATAVIA CAR WASH & QUICK LUBE | 1012 & 1020 HOSPITAL DRIVE

Asking Price

Cap Rate

BATAVIA CAR WASH & QUICK LUBE RELIANT REALTY...A 2017 Car Wash Revenue 2017 Revenue lower due to partial year "down time" for Car Wash re-build. B Base Rent - Quick Lube Current owner

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