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Ok so we are in the same approach. Time does not include up to 40 seconds undercarriage at entrance and 70 seconds in dryer area outside the bay exit.

I do not see a two min dwell time on the video. What am I missing? I would probably get calls that the machine stopped working if we increased the stand still dwell time from 15 seconds. With the pass around the vehicle via a Razor Arch for two LP passes we are probably at two minutes for...

RIBAO BC-55 Premium Bank Grade Money Counter Machine Multi Currency Mixed Denomination Bill Cash Value Counter 2 CIS/UV/MG/MT/IR Serial Number Recording FCC Approved Recently purchased. Seems to work well.

Wow the SS manufacturer market continues to shrink. We have spoken with a few manufacturers for a 5 bay location we are renovating and was surprised how hard it is to find a good system at a fair cost. SS is not complicated but given that most equipment last forever if properly maintained...

Answer depends: On local competition on soundness of the building and electrical and pipes to&from building On the local demographics, and lastly on your ability to spend money necessary to bring place back to life. Say you buy the place for $300K, you can easily spend another $500K-$700k...

You are right in that the wash is probably worth $800K (or more) easily however banks do not look at the changes that way. Residual values for the equipment are a fraction of the new cost. Banks are straight by the numbers (cash flow) analysis. How easy will you be able to service the debt is...

Wow. CryptoPay was a breeze and quick. I had to call them after each swipe was setup by me so they could pair each with the corresponding tap unit. I waited maybe 15 minutes for the pairing to take effect.

If you have $200k gross documented then minimum value of the place if sold would be $600k (3x GR) if sold. Can argue about a higher multiple if thjngs are renovated but 3x is a good baseline. $450K is 75% of the value what is the issue? If they are offering $450K loan that sounds about...

care to share the secret?

When we had similar issue with some Slugbuster 3s the issue was traced to the clip that holds the chute closed. It has too much play and allowed customers to jam coins inside the chute. As a result we will have 5 (new) Slugbuster 3s available for sale after we get new meter boxes installed.

You want to add all the associated numbers to your monthly costs (you need to have a cellular monthly plan for I think $10 or $15 per month). At least it is just one plan per site and not per device like Nayax. Still you need to check your cell bars. When I ran the numbers I think it was...

So I had a long conversation with Monex before investing in CryptoPay Swipers and Tap for my bays a few months ago. We moved away from the DAN swipers in the bays. Asked all the above questions plus a few others. Based on the answers I concluded that they have a lot of potential in the future...

Totally different mentality and perspective. Wall Street people just look at numbers with very little hands on experience. They value leverage over anything else as that makes the return on the money leaving their bank account look very good. They can get a much higher CAP rate on the money...

True. But now seeing ALOT of carwash properties listed for sale as a real estate play. Offering a 5 or 6 CAP with current interest rates just does not make $en$e as an investor. When rates were near zero sure but how many of those loans are variable rate which will be reset soon? If a...

We take the same approach with the same ChemQuest chemicals. We always use a stronger ratio than what is on the label, even with our SS chemicals purchased from KR (often significantly stronger). I think manufacturers make the numbers up in part to say their chemical costs are lower than the...

Look in their manual. It tells you the gal used based on the pass details. If you have an pdf version of the manual you can do a quick search. Water Amounts vary depending on arch vs flex as well as speed. Not an exact science but a good estimate.

WW makes it easy to calculate water usage per wash package. Roughly speaking 70gals per package if undercarriage and wheel blasters are used.

You have different business interests at play here. The franchises and large chains just want to open more locations to say they are expanding even if it makes little to no business sense. Not looking at it the way an owner/operator would view the pie. Happening in many towns. May change as...

Anyone have experience with General Pumps? installing a new self service system that uses them (direct drive). Curious as to what I should expect.

Or find someone to remove the roof at the top of the bay walls and replace with a higher, basic roof. We did that in one of our bays to accommodate trucks up to 12’.