So im looking over the financials of a two for one commercial property purchase. One of the buildings is a small storage facility and the other is a self serve car wash. Both the storage facility and the car wash are ...
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...
Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...
Cost Segregation is a bit of a buzz word these days, but in case you aren’t familiar with what a cost segregation study is, let me explain. A cost segregation study is a strategic tax planning tool that separates the ...
Does anyone have experience in running a car wash? The deal was to good to pass up and though its invariably a real estate play, there is obviously a business aspect to it. There is competition within 3 miles of my lo...
Does anyone have any experience in owning a car wash? I am under contract on a car wash and wondering if there are any potential pitfalls we should be aware of?Any advice is much appreciated, blessings to everyone!
Hey all,
I have a chance to purchase a car wash for about $.30 on the dollar. It’s in a bad area. The McDonald’s next door has closed because it was robbed several times in the past year. Cash flow according to the p...
Three bay car wash in small rural town, pop. 2200, for sale. Land and car wash for $100,000. On the surface, does this sound of interest? I am considering purchase. What research I have done Gives me idea of-estimate...
Ordered my new laundry machines this week. Tenants are very excited. For the folks that have buildings on the Northside of Chicago with laundry facilities for tenants what do you charge for a wash and a dry ?I have no...