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Updated about 5 years ago on . Most recent reply

James Bridgers's profile image
James Bridgers's profile image
James Bridgers
  • Wholesaler
  • from Dayton, OH
  • Member since Oct 7, 2016
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James Bridgers's profile image
James Bridgers's profile image
James Bridgers
  • Wholesaler
  • from Dayton, OH
  • Member since Oct 7, 2016
Connect
James Bridgers
  • Wholesaler
  • Dayton, OH
8
Votes |
27
Posts
Commercial Real Estate Investing

Self Serve Car Wash Evaluation with Financials

James Bridgers
  • Wholesaler
  • Dayton, OH
Posted

Hi,

I wanted to get some thoughts on a self serve car wash that I recently became aware of.  From my analysis of the numbers it appears to be a potential solid investment. Asking $250,000.  Any thoughts are appreciated.

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Joshua Fulenwider's profile image
Joshua Fulenwider's profile image
Joshua Fulenwider
  • Rental Property Investor
  • from Greeley, CO
  • Member since Feb 23, 2017
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Joshua Fulenwider's profile image
Joshua Fulenwider's profile image
Joshua Fulenwider
  • Rental Property Investor
  • from Greeley, CO
  • Member since Feb 23, 2017
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Joshua Fulenwider
  • Rental Property Investor
  • Greeley, CO
99
Votes |
226
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Joshua Fulenwider
  • Rental Property Investor
  • Greeley, CO
Replied

What is driving the negative trend in the numbers?  Looks like it started strong in 2012 and is now operating at a pretty sizable loss.  What is going to be done to reverse the trend and return this to profitability?

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