4.7 PCSR 05-24-2016 - Laserfiche WebLink

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Used Car Sales Conditional Use Permit Incubator for small business We are interested in purchasing 580 Dodge Ave NW Building and lot to add to our already successful business plans implemented in Ramsey,Andover,Ham Lake, Forest Lake, Rockford and St Croix Beach,MN.We intend to provide small business Used Car Dealer Offices and one Shop to meet the current demand. At the current facilities in Ramsey we have 20 Dealers,in Forest Lake we have 14 Dealers,and in Andover we have 9 Dealers.We wish to locate in Elk River to provide a proximity to Dealers that live in the area.Basically we provide the office for storage of records and sales,up to 5 car stalls,and proper zoning.The dealers need to get the State required $50,000 bond and insurance.The Dealers are also required by State to have a minimum of one year lease. The Dealers we have use only minimal parking stalls.On average probably 2 or 3 per Dealer even though State requires 5.The Dealers are usually there one day a week for 4 hours.That is the minimum required by the State. We are proposing to provide 11-13 Dealer Offices and one repair shop and two regular offices. The current owner will be occupying 2700 sq ft and has signed on for two year lease.The other current tenant will also stay.if they should chose to leave later we would make other two offices for Dealers that's why 13 is referenced. Under the current configuration we have 69 parking stalls.The two office tenants need 8,the Dealers need 55 for a total of 63.We thus have a surplus for customer parking of 6. Keep in mind most of our Dealers only use 2 or 3 therefore we will probably actually have 20 extra vacant stalls.Also if we vacate south access we will have additional two stalls for total of 71.Not property is served by 3 access driveways and streets. Sincerely, Xcel Properties LLC John Buzick, Manager