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I would recommend starting with the lease agreement and make sure you review this document with a fine tooth comb because it is going to tell you what you can and can't do and who is responsible for what. I would start with a sublease issue/take over (however the lease calls it) which you will...

Hahaha I like the Chinese buffet example when I read it I thought I would feel the same way because that would drive me nuts! Nonetheless its an interesting business model. I wonder if anyone would be willing to at least share their expenses as a % of gross revenue? Historically, I believe...

Why not if he's getting the financial return or making the income he wants or desires??? At first sight it sounds crazy but he's happy with it so kuddos. Personally, I wondered how viable it is but based off of the info he shared it sounds doable. Would I do it....probably not but the idea is...

Interesting....but say you hit a "gold mine" location and think okay I can repeat this somewhere else....and miss on the second location. Wouldn't your "gold mine" basically be covering both locations??? Then if you tried a 3rd and missed then your really SOL....of course if you hit it's a...

Agree I saw something on KR site about this as well....every day I thank my stars I have their TX warehouse 20 mins from me.

WashnVac, how long have you done this for? I have seen something like this before and I always wondered if it was profitable??? I wouldn't ask you to post your profit by any means that's why I'm curious to see how long you have been at $6 for 30 mins....if it's been a while then I can imagine...

I personally don't use any at my wash but I know others that do. I have the metal trash cans and just empty them into a larger plastic one with a dolly on the bottom to wheel it over by the dumpster.

I have heard of such deals albeit maybe not 8x's but yes off of proforma numbers. I don't know the actual multiple they are using in their analysis but when the developer achieves the CO (certificate of occupancy) he's at the closing table that afternoon selling the property to his investor...

This is a deal that sounds too good to be true. Have you stalked this place to see how busy they are? Also do you know if they have some type of contractual agreement with 1 customer that is the majority of their business? If so does that contract continue with a new owner???? For example, a...

As owners or one day potential sellers yeah good will has value. As a buyer at the negotiating table good will has no value to me. In ss at least the land brings some tangible value...this deal would have to have a very high cap rate for me to consider it

Ive never looked at one but I would start by doing what most of us do on ss...stalk the place to see how busy it is first. Secondly, if the current owner tipped his hand that he needs the sell i would sit and wait...let the deal come to you. Keep in mine more employees more headaches

Another Coleman fan here. 2 locations 1 5 bay supersaver and another 7 bay super saver. I agree with Pgrzes, I wouldn't buy new bc everything can easily be replaced. Good luck on your remodel

In the pic you posted which pumps are rattling? 2 (top right) & 3 (bottom left)? I had a similar issue after I changed the regulator and it turned out to be bad regulator. Exchanged it and the pump has been working fine ever since.

Sent you a PM on this if you still need some parts or a newer machine

Dont know how handy you are but the best thing you can do is roll up your sleeves and grab some wrenches and start figuring out. A lot of issues are discussed here so you can always use this as your library or post your problems when you reach a dead end. In 2014 I was in your shoes with 5+1...

Coach, Looks good! Just FYI in your picture you have a white Jeep in there and I hope your machine works better than mine but I find that most of the time the rear brush hangs up on their spare tire if the tire doesn't have a cover on it. I have a sign that says no vehicles with uncovered...

Wash12 as Mep001 already referred to you can see the consumption/usage charts on that thread also if you have a kleen-rite catalog handy I remember they used to have on in there where the spray tips are located. Hope this helps...keep me posted as I mentioned on the earlier post my water bill...

Hamilton DRS for sure! Best decision I ever made on my first wash. I ordered another unit before I closed on my second wash. After signing at closing I had my guys install it same day. Its nice having 2 in one cabinet as insurance in case 1 goes down. I dispense quarters and dont think Ill change.

I didn't think so but thought I would ask everyone here, figured if it could be done this group would know based off of the years of experience.

Does anyone know if Coleman or some other manufacturer makes a fragrance/shampoo hose that swivels at the handle? Or has anyone installed a swivel on these? I just installed a fragrance combo and shampoo combo at the wash and I noticed right away the customers are "battling" with the hose...