Selling one of my turnkey carwashes
- Thread starter Roz
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OurTown
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You might consider putting it here:
https://www.carwashforum.com/forums/for-sale-washes-equipment-supplies.45/
https://www.carwashforum.com/forums/for-sale-washes-equipment-supplies.45/
Car_Wash_Guy
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Nice wash! Good luck with the sale. I’m trying to sell mine to be closer to my dad .
What is your tax plan? 1031?
What is your tax plan? 1031?
Roz
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Ideally 1031. Trying to reduce the amount of driving I do between three locations. Probably keeping the closest location but who knows.
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slash007
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Roz
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CAP rate as that represents cash flow.
I have heard of and familiar with the multiple of gross revenue approach but it can yield unrealistic price depending on the revenue.
no approach is perfect as a carwash requires ALOT of assets to make the magic work.
I have heard of and familiar with the multiple of gross revenue approach but it can yield unrealistic price depending on the revenue.
no approach is perfect as a carwash requires ALOT of assets to make the magic work.