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I know every situation is unique, but brokers I speak to tell me that current EBITDA multiples of a value of business and real estate on an express model are not trading for higher than an 8x. They say this is in response to current interest rates and increased competition. However, other...
Hi Everyone,
First off just want to thank you all for being involved in the forum as I learned a good chunk just by the replies.
I saw an opportunity to buy a car wash business located at a strong, highly traffic area. Currently they have a team of employees for hand washing and one machine...
What questions would you ask to the seller of a standalone IBA-only carwash?
sales ($ and volume)
Marginal cost
Equipment age?
Equipment issues?
Environmental issues?
Hey everyone I'm new the the forum on mobile so sorry not sorry for formatting lol.
I'm not sure if the current owners are on here so I'll try to be a little vague. There is a car wash in Galion Ohio I'm looking at buying. It has 6 bays 1 is an automatic wash with a mark Vii that has been broken...