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Do a count up versus a count down.

Thanks guys! Location is great and I believe it is pretty turnkey. I was already factoring in the price of the rate increase and have already discussed with him taking a modest portion of it as an installment sale at 0%. Saves him a couple bucks on taxes now and the interest reduction gets...

Located in Michigan. What is everyone seeing for valuations on new wash purchases? Looking in SE Michigan at a location: 250k Gross 125k Net Profit; Books are extremely clean 80/20 credit/cash RE Value is approximately $300,000 1 auto, 4 bays. Seller wants 4.5X Gross which seems high to me...

New to group! What's everyone's on these. Looking at a unit right now that was new in 2018 and is sitting on approximately 75,000 washes. Appears to be well maintained but was wondering what needs to be looked at, how many washes these are capable of long term? Thanks in advance for any help!