Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

112
Posts
10
Votes
Kyle D.
  • Flipper/Rehabber
  • New Port Richey
10
Votes |
112
Posts

Developing a car wash

Kyle D.
  • Flipper/Rehabber
  • New Port Richey
Posted

Hi everyone i want to develop a car wash along a busy 6 lane state highway that is used by commuters to get to work daily. It would be a full service tunnel wash with vacume stations, vending, etc. We could get the land for around $400k for a acre but theres many other opurtunities to get a spot for cheaper because theres many shut down buildings that need to be demolished that we could purchsase off market. Now lets say we could build the car wash for 600k plus the land of lets say 200-400k. Where do i get financing for that? Would crowdfunding apply here? Also does anyone know of any car wash franchises? Are there any experienced car wash opertators that could provide some insight please?

Most Popular Reply

User Stats

166
Posts
90
Votes
Scott Carder
  • Investor
  • Owasso, OK
90
Votes |
166
Posts
Scott Carder
  • Investor
  • Owasso, OK
Replied
Originally posted by @Kyle D.:

Hi everyone i want to develop a car wash along a busy 6 lane state highway that is used by commuters to get to work daily. It would be a full service tunnel wash with vacume stations, vending, etc. We could get the land for around $400k for a acre but theres many other opurtunities to get a spot for cheaper because theres many shut down buildings that need to be demolished that we could purchsase off market. Now lets say we could build the car wash for 600k plus the land of lets say 200-400k. Where do i get financing for that? Would crowdfunding apply here? Also does anyone know of any car wash franchises? Are there any experienced car wash opertators that could provide some insight please?

A tunnel wash probably cost way more than 600k to build. I have plumbed 3 of them, and the plumbing alone is around 100 to 120k, and that's just piping, no equipment.

Loading replies...