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The Mid-Atlantic Carwash Association visited them a few years ago just after they had opened their doors. It is an impressive building and they put a lot of thought into it. Hard to say if the ask is right or not, depends on their gross revenue. The listing is lite on meaningful details.

Actually two Autec mini tunnels side by side.

8% CAP is great but frankly a meaningless comp as the related numbers (asking price, gross sales) are necessary to make it a valid data point. If the gross revenue is low (say $100K) you can easily have a 8 CAP if the land & building is worth more than the carwash business. Maybe mindsets are...

With the help of CryptoPay tech support I think we have isolated the issue to the vac transformer. Appears that the voltage drops and interrupts the signal at the start. Will confirm when the new transformer is installed next week. UPDATE: New transformer resolved the issue. The voltage...

I power cycled the swiper and checked the status. All are showing connected. What’s odd is that the swiper returns to the rolling colored lights with a solid green button after about 30 seconds. I would never have guessed there was an issue other than the fact that I have nice customers who...

Anyone know what a flashing green button on a swiper means? Cannot find that meaning from their list. Swiper is not reading. https://www.getcryptopay.com/index.php?page=knowledge-base&article-id=1

Try their email as they usually get back to you the same day.

Wasp or bear spray. You can shoot at someone's face with good accuracy (tight long spray) and it will make their eyes their primary concern. When my kids left the house we gave them wasp spray to carry. The wasp spray was more effective and from a distance so that is what they keep in their...

We pay for water & sewer about 3 cents per gallon (probably about 2.65cents). At 4 GPM that 5 minutes could compute to 20 gallons or 60 cents for the 5 minutes. Then you have all the other operating expenses - before you know it you are paying people to wash their cars at your place. Even...

With things about life you are correct to not sweat the small stuff. I am an engineer so I pay attention to details....and I like to understand the numbers too. I am guessing that the Typhoon has a slightly higher ($1) variable cost per washed car for water/sewer and depreciated cost per car...

If you do not mind asking, roughly speaking what is the cost of the system and the install? Wondering how it compares to a Razor.

Maybe. Hard to say without the data from manufacturer. No two touch free machines are the same in terms of water usage. Need the water usage by pass as that is only way to know since you cannot make a general calculation. We add up the usage by pass for each package to get a reasonable...

Wow, good dialog on the topic. I have been tempted to try the move from IBA/SS model to a tunnel. However the premium cost above cash flow to purchase or even build a tunnel, the necessity for managing a fair number of employees, and the need to watch the weather on a daily basis got me...

Place looks nice from the pics but in need of new equipment. Also, worst case you remove the carwash equipment and convert the rest of the land to a storage business model. If the price is inline with the cash flow go for it. It will be work at first but eventually you can make it work for...

Has anyone converted their long IBA to a mini tunnel? Watched a Sonny's presentation about converting an IBA to a mini tunnel (anywhere from 43' to 65'). An interesting idea as they suggested that by using a belt system (instead of chain) you could run 24-7 unattended. Personally I think it...

And Ginsan (Dan K or parts dept) cannot help you? Curious, how long do they tend to last as we may upgrade our Ginsan boxes to that style box (from a rotary style today).

Does anyone use the Mosmatic Dual or Triple booms? They look clean and cool in the KR pics but I wonder if they just lead clueless customers to twist the hoses.

Land value is higher than business value, happens in some parts of the country but that should be changing as interest rates rise, and rise, and rise....it will return to a more rational level eventually

Two hours. Hard work but can work if you have some good local workers to help keep place clean and automate things.

People use the gross revenue as EBITDA can vary significant depending on the operator. Deals I have heard about or been part of have multipliers of GR in the 2-6 range. The number used will often depend on age of equipment (ie any repairs needed in the short term), location potential (any new...