seattleguy
Member
Wouldn't the current owner see the pictures you just posted?
Car Wash Forum
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Advice
- Thread starter zepher
- Start date
Wouldn't the current owner see the pictures you just posted?
I.B. Washincars
Car Washer Emeritus
Check this out
http://www.billyfrankharned.com/?Auction=33
"Outstanding business opportunity" "Tremendous income potential" "Fantastic commercial property" oh, and "Bankruptcy".
http://www.billyfrankharned.com/?Auction=33
"Outstanding business opportunity" "Tremendous income potential" "Fantastic commercial property" oh, and "Bankruptcy".
Don't claim to be as well versed as a lot of the guys on here, but I've been looking for another wash and I've seen several for sale that I wouldn't take if they were free.
You say you'd be happy with $200 a month profit. No you wouldn't, they're too much work for that.
A wash isn't like rental propery or other real estate, they're only worth what they make. Can't just call them an equity builder. A lot with an underperforming wash on it is oftentimes worth less than if it were bare.
And, and, and, the biggest risk; If you can't easily fix a wash's competitive disadvantage, if there's a market, someone who's really in the business is going to come in, build one right, and make yours worth nothing.
Actually just from the pic the other one might be a better "starter" wash.
You say you'd be happy with $200 a month profit. No you wouldn't, they're too much work for that.
A wash isn't like rental propery or other real estate, they're only worth what they make. Can't just call them an equity builder. A lot with an underperforming wash on it is oftentimes worth less than if it were bare.
And, and, and, the biggest risk; If you can't easily fix a wash's competitive disadvantage, if there's a market, someone who's really in the business is going to come in, build one right, and make yours worth nothing.
Actually just from the pic the other one might be a better "starter" wash.
seattleguy
Member
Depends on the land. Land almost always has value.
You asked for advice, So, here is some. Run from this one. Or at least walk really fast. The automatic is an old MarkVII MR+, ancient machine. One this old will, no doubt be a maintenance nightmare! Unless you are looking for a tax write off and headache, avoid this one. If the self serve even gets used, it will work your butt off cleaning up after the MUD, FISH, LEAVES, DEER CARCASS', MULCH, OIL CHANGES, MOTOR REPAIRS, REFRIDGERATORS, SOFA'S, GRAFFITI, COW CRAP, NAILS, AND GEE WIZZ THIS LIST CAN GO ON AND ON AND ON........And if you don't clean it, the bay is shut down, because no one will use it if there's junk in the bay. Sounds like the competition has this town wrapped up.
tobaccofarmer
Member
Wash-it I cant stop laughing after reading your post! So true though its ridiculous.
