How old are they?
Road Closure
- Thread starter gshick
- Start date
New Washdog
Active member
Mid to late 70's.
traveler17
Well-known member
It’s not even a question to think about unless they cut the price in 1/2 because that’s how much revenue will be lost. Almost guaranteed owner(s) knew this was coming
Dan kamsickas
GinSan Technician
I get it that you've got 7+ years invested in this and you had a plan in place to take it over but like Mike Tyson said "Everyone's got a plan until they get punched in the face". The construction is your punch in the face. Reality is, if you don't get ownership at a steeply discounted price not based on current numbers, you're going to get knocked out. The construction is going to kill those numbers and the changes they are making to the road mean the odds of them coming back up to pre-construction levels are as close to zero as you can get.
New Washdog
Active member
Is t
Randy can you tell me about the long term impact that the road construction had to your wash?? Did it affect car count after the construction compared to pre-construction, and if so by how much and for how long?
It was a major highway project. Widened the road from 2 lanes to 3 lanes (center turn lane), new services, water and sewer, moved the power poles, installed curbs and sidewalks, storm drains. The project lasted about 6 months, at times my access to the car wash I think was limited. During construction business dropped off by about 60%, once the road work was completed business came back after a few months to about 10% more than it was before the road was rebuilt.
Greg Pack
Wash Weenie
New Washdog, The only possible way I'd consider this would be a lease purchase with no little to no money down. And it needs to be done soon enough that you get some good time under your belt before construction starts. It's not like you're some unknown investor that has no idea what he's getting into. At this point they should have confidence in your abilities to run a good wash. A LP would give them an income stream for 15 Years. They should be open to that idea. If not, I would bail. I'm 57 and If I had someone I had complete confidence in running a good wash I'd offer them a LP in a heartbeat.
Car_Wash_Guy
Well-known member
Speaking from my own personal experience, I guess it could depend? About 4 years ago I went through a road project that lasted over 12 months.
I'm on a hard corner and they city/county/state were redesigning the intersection to a roundabout to plan for future growth ( that's happening now with 1000+ houses getting built ). They planned the project in 4 phases and the intersection was a gravel / dirt mess for pretty much the whole time.
I thought a project like this would decimate my business. It did not. Customers kept coming and I even got a lot of customers from all the subcontractors working on the road project.
I think in the end this particular project helped my business. It installed a roundabout which slowed the traffic down going through the roundabout to about 15mph where before if the light was green they were seeing vehicles traveling 50+ mph
I'm on a hard corner and they city/county/state were redesigning the intersection to a roundabout to plan for future growth ( that's happening now with 1000+ houses getting built ). They planned the project in 4 phases and the intersection was a gravel / dirt mess for pretty much the whole time.
I thought a project like this would decimate my business. It did not. Customers kept coming and I even got a lot of customers from all the subcontractors working on the road project.
I think in the end this particular project helped my business. It installed a roundabout which slowed the traffic down going through the roundabout to about 15mph where before if the light was green they were seeing vehicles traveling 50+ mph
