Services - Auto Repair, Parts & Svcs | Retail - Gasoline Service Stations

Asking Price	$1,900,000	Inventory
Gross Income	$500,000 proj	Real Estate
Cash Flow	Not Disclosed	Year Established	2005
FF&E	$450,000-EconoCraft mostl*	Employees	8+-

* included in the asking price

** not included in the asking price

Express car wash facility in high growth corridor.

Express car wash facility that began operations in 4th qtr 05. FY08 projected volume is 50k cars at average $10.00 per car. 16% of events are detailing that accounts for 31.5% of gross revenues. Current traffic count - 19,070 that will rise dramatically as growth expands. Growth stage results from recent expansion of frontage road to 4-lanes. Montgomery, AL is home to new Hyundai plant. Economic base includes two major military bases, state, county and city government offices.

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Facilities: Express car wash-3,216 sf w/5,920 sf canopy space. 14 vacuum stations. Automated pay system. Quality EconoCraft equipment well maintained. On-site well system provides most water needs.

Competition: The property was basically early into the market but early entry has served to block competion in immediate area. Nearest competion is 5-6 miles away. Located in very high growth corridor. 868 new apts. Up to 500 traditional sf residences approved (150 in-place). Additional 1,200 to 1,700 mixed use units approved for new Hampstead Town Center. All these within 2 miles of site plus additional existing commercial and residential developments. Income above is far from stabilized levels.

Growth/Expansion: Adjoining land owned by same seller and additional land area could be negotiated into contract. Additional land might be a good investment as current land is only 0.87 acres.

Support/Training: On-site mgmt extremely competent and would be open to staying on, at least during transition.