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I'm looking at a closed car wash in the Southeast. No financial records available as the foreclosing bank also went under and assets were transferred to another bank. Using the freedom of information act, i was able to obtain the water bill and usage for approximately six years. The wash has six...

Xanax---I'm not going to dignify that with a response. As far as making a living washing horse trailers, motorcycles, or refrigerators, i'm highly doubtful. I've owned a number of washes over the course of twenty years and have never seen anything like were seeing now. Whats really perplexing is...

I guess i need to accept reality; self servs are like payphones.

Thanks for all the responses. There is no doubt that the express wash offers value, however, part of the attraction is trying something new and unique. As far as self serv washes are concerned, we need something as revolutionary as the introduction of the foam brush (approximately thirty years...

As a fellow operator in the Southeast, I have seen a dramatic decline in revenue. Obviously this was brought on by over saturation and the proliferation of the express model. In my opinion we need new products and services and an improvement in existing services to make self service fun again...

First off, the supply line feeding the pumps appears too small. Secondly, I had the exact same symptom develop at one of my washes. It eventually turned out to be a galvanized nipple corroded on the inside surface thereby reducing the flow of water. As it turns out we replaced our tanks about a...

What would be the best approach on purchasing a foreclosed car wash from the bank? Also, what would be the process if the car wash had an SBA loan. Is the selling price solely up to the bank or must the bank and SBA approve the sale of a foreclosure? There seem to be a number of choices popping...

Sorry to hear about that, hope everything turns out for the best. Lots of SS and autos going belly up in the Atlanta area. However, as a buyer who wants to buy an outdated business model. I'm sure others will disagree, but I don't think the SS or autos will ever come back.

Recently, there seem to be a number of foreclosed car washes coming onto the market. Most all are SS, SS/auto, or just stand alone automatics. The prices are/seem attractive too. Normally, i would not hesitate to acquire one of these assets, however, the market here ( Atlanta) is flooded with...