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Updated almost 2 years ago on . Most recent reply

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75
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18
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John Arendsen
  • Real Estate Investor
  • Leucadia, CA
18
Votes |
75
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Car washes

John Arendsen
  • Real Estate Investor
  • Leucadia, CA
Posted

I'd like to get some advice and opinions on what to look for whence purchasing either existing car washes or suitable locations for new car washes.

Most Popular Reply

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1,578
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1,618
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Amit M.
  • Rental Property Investor
  • San Francisco, CA
1,618
Votes |
1,578
Posts
Amit M.
  • Rental Property Investor
  • San Francisco, CA
Replied

going off (but related, sorta) topic: what about laundromats?  Years ago I had the fantasy of buying a small mixed use bldg in the city with a laundromat. Pick up your quarters at the end of the day...plan to pay for as many bills as possible with cash...

But alas, that fantasy came to an end. High water bills scared me, constant maintenance, etc. I also thought they are a dying breed, as areas gentrify, in-unit washer and dryers are the norm.  These days I don't want to bother. But I still see plenty of laundromats still chugging away here...

So anyone here with laundromat experience they care to share?

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