bigleo48
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Actually, they built after me, one a year after and the other just last year. When I finally decided to go for it, I had switched build location three times before finally buying the lot and building the wash. Had I built in either of the first 'good' locations, I would have lost my shirt when the other two new washes came online, splitting the 30,000 pop 3 ways with 20 SS bays & 5 IBAs. I waited and pursued the best lot available and finally purchased it from a reluctant seller. The reason my wash is doing so well is primarily location. Being next to a Wal-Mart, Home Depot, Best Buy, etc provide me with regional traffic my competitors don't see. So my wash is based on 60K regional pop. "Just saying" isn't the same as knowing. I had a friend in his mid 30s who opened another type of business with high upfront capital expense...he lost it mostly due to his lack of experience. He is looking at retiring when he's 80. "I'm just saying you need a little humility and fear to go with the greed and ambition".Two new washes plus yours went in and you are still making a profit? I have to respect your business skills for that. Just think, if you would have went into it recklessly two years earlier you would have probably kept the two new washes out and been making that mint. I'm not advocating going into things blindly, "I'm just sayin"
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