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Same thing happened to me.
When I reported the claim to the insurance co. they sent a check for half the cost of purchase and said they would pay the remaining deference with shipping and install cost after it was installed.
Kind of a pain but it all worked out fine.
I agree with Greg...BUT
With that volume there will most likely be another wash coming to your neighborhood.
If you put in an IBA you won’t lose all those customers, they’ll wait for another bay or become your IBA customer at a higher ticket average and still use your vacs.
Plus you’ll gain new...
Peco’s site says:
Fill the reservoir with 32 gallons of hydraulic oil prior to starting pump. Fill unit just to the point of satisfying the float switch. Never run unit without sufficient amount on hydraulic oil.
Tell him to bring his car to the wash because you want to wash his car yourself to see if it takes off paint.
Get your insurance agent to meet you at the wash. Talk to him before hand about the possibility of prorating the claim because of age of paint.
If some paint comes off I would bet your...
4 or 5 months ago we added Cryptopay to our vacs. We kept our price at $1 for 4 minutes.
Many charge people complained about about having to run the card thru twice to finish vacuuming.
That weekend I talked to many vac customers and ALL of them agreed with me to raise the startup time to $2...
I bolted on the right side of the floor in front of stopped car three hard rubber mats about 3 ft. Long, 1 inch thick and 4 inches wide 5’ apart in front of the car. This helped us with cars that rolled.
It sounds like it’s a good deal. But...
My concern is with 30-40% empty spaces. This does not help your business verses if it was full.
Is the property and driveway for the whole property in good shape? Will the driveway need to be redone later on?
Maybe you can negotiate little bit better deal...
Having 2 IBA’S and 2 bays sounds good.
How long is left on your lease?
I would think that even in a small town it would be very hard to get a commitment for a loan from your bank that quickly without lookin over your books.
Are you just self serv bays? If so can your location use an IBA?
I would tell them that your interested in buying it but your bank wants 3 yrs. P & L’S to see if it’s viable for that much money to purchase the property.
Along time ago I had a retired guy that took empty 5 gal. chemical buckets and drilled several hole in the bottom and sides of the buckets. He hooked a couple of ropes around the handle and connected them in one corner of the grates.
He would wash everything into the corner bucket. Every 2-3...