Recent content by Moose2424

  1. M

    Sales Expectations?

    The dirt itself is probably worth $70-100k. The neighborhood is not too rough it's a mix of residential (rentals and single family) and light commercial. The downtown district is about 1/2 mile away and we'd be the closest wash to that area. All in all it's really not looking to be a bad...
  2. M

    Sales Expectations?

    Thank you all for your wise words. I called an independant wash consultant (someone who knows what they're looking at) and we walked through the entire site. He said the RO, water softner, and a few other items need full replacement. The bill validators and locks have to changed out as...
  3. M

    Sales Expectations?

    The auto's are original...and yes that does make the deal even more riskier than it already is! I believe there was an appraisal done a few years ago (when the bank took over) and it came in at $500k-ish. It's the City Water department that won't turn the water on until the existing lien is...
  4. M

    Sales Expectations?

    The wash was built in 92. The lot is approx 11k sq ft. The price will be less than 200k. I budgeted about 50k to get things up and running. I was trying to project sales volume, but I'm finding that to be very difficlult. I read in several spots that the national monthly sales average for...
  5. M

    Sales Expectations?

    Thank you for the reply. You're right about other seasoned owners jumping all over this...and I've thought about that a lot. I spoke to one owner in town and his thoughts were that it is a good deal, but he's getting into retirement mode and doesn't want the hassel. Other wash owners are not...
  6. M

    Sales Expectations?

    I am interested in purchasing a bank owned car was in the Midwest. It has 2 IBA's installed with LaserWash 4000 and 3 SS. The traffic counts are roughly 11k on street and 12k on the other. It's situated on a fairly busy corner...it's not directly on the corner, but one lot off. The town has...
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