5554 Road 38 Frontenac, Ontario K0H 1W0

$1,699,900

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 proof, pandemic proof cash business with a 20 year proven track record. Second source of income 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! Plus an additional 23 acres lot adjacent the property could be purchased with this as a larger package. 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 the carwash. Everything is remotely manageable with minimal upkeep, little to no staff, 24 hour service and access, no franchise fees. Full details available. (id:28469)

Business

Property Details

Building

Land