Thinking about selling wash

[Touchless]

Hi all. We are in the beginning stages of selling our 3 ss bay plus 1 ss Large Truck bay and 1 touchless automatic located in Maine. Could I get some advice on how best to start. I don’t feel that a local RE broker would be a good option but wondering if there any commercial businesses that handle selling car washes?

 

[Randy]

Try word of mouth first. Put the word out on the street that you are selling to some of the local operators and you might be surprised.

 

[tdlconceptsllc]

I am learning commercial brokers want 10% or more as where local RE are at 4-6%.

 

[Touchless]

I am learning commercial brokers want 10% or more as where local RE are at 4-6%.

Good to know. I was wondering what their commission would be as opposed to a RE Agent. My other thought is how do you know your selecting a good broker?

 

[tdlconceptsllc]

Good to know. I was wondering what their commission would be as opposed to a RE Agent. My other thought is how do you know your selecting a good broker?

I absolutely have no Clue at all. I am thinking about going through this myself looking at different options. I just don't see how you hire a broker pay him, pay the goverment taxes and capital gains and repay depression it makes you rethink the whole idea of selling. However I am a Chump it may not apply to everyone