Anybody looked at these NNN deals? National credit tenant, 20 yr leases, 1.5% annual rent increases, 6 additional 5-yr extension options, blended cap rates over the 20 yrs in the 7.5 range. I understand that lenders...
Guys,Got a call from a banker. A set of several automated car washes is selling. If anyone owns some car washes, please chime in. Underwriting EBITDA and CF, and I'm starting to develop a basis for understanding, but ...
Curious.... local carwash for sale. Includes the lot. How would you value the lot? Separate from the business? Part of the business? It is an older style , where people drive up and wash their cars themselves. So,...
Has anybody invested in a car wash? What are the pros and cons
Hey BP members! I was toying with the idea (loosely) of investing in a car wash. There are two for sale in my vicinity. One has 5 bays, one of which is full service.Question: does anyone have experience with a ca...
There are 2 car washes for sale near me and I am meeting with the listing agent today to look at them. I requested copies of the income taxes for them both and it looks like this could be a pretty good deal but I'm no...
Does anyone operate a "car care" center or designated car wash off area at their multifamily community? Any success stories?
I had an interesting opportunity come across my desk. There’s a small commercial property located in the next town over, that houses a small laundromat, a single bay car wash, and has an apartment above that. I get th...
Thank you in advance for any and all advice. I googled "is a car wash a good investment" and found a whole bunch of threads from this site that provided a lot of good insight. None quite match up with my situation whi...