“….newer machines are just more proprietary, more expensive to repair, and have more parts bolted on to add pizzazz.”
More propriety exists because there are far fewer OEM’s today. More expensive to repair (and buy) because cost to manufacture is higher as is labor cost to wash car.
For example, labor can be substituted for in-bay (12 CPH) at cost of about $150,000 to $200,000. Is it coincidence price of in-bay has roughly same range?
More parts bolted on because, like exterior express, additional profit centers are needed to offset increasing cost to own and operate.
“wheres the ROI on a $120,000.00”
ROI comes from matching development cost with the market potential of the site location and generating sufficient sales.
For example, average cost of capital for wash at gas site is $72,000 (fixed cost). If average price is $8.00 and variable unit cost $2.40, break-even is 12,800 cars. At $10, its 9,500 and $12 is 7,500.
Also new provides depreciation tax shield. So, cycle is minor overhaul at 5-years and re-load bay and new skin package for building at between 8 and 10 years.
No magic here, just fundamentals.
“…..secondary market….is flooded with underused equipment due to the shoddy distributors and know-nothing land brokers overselling every corner out there as a good car wash site.”
Likewise, there was a gullible person(s) who bought into this distributor and/or broker’s opinion of good site.
Is used a good idea? Sure it is if the site location can’t generate sufficient gross sales (volume and price).
Ten years ago, 75,000 gallons of gas per month was enough to justify a wash. Today, many retailers will not develop a site for which it cannot project at least 175,000 gallons.
People eat sour grapes because they chose them.