Commercial Real Estate Investing
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
Developing a car wash
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

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.