Recent content by Washwannabe

  1. W

    Valuing a nearly abandoned SS site

    Aware. Thanks!
  2. W

    Valuing a nearly abandoned SS site

    You must be doing a lot more than $1500 per bay in CA
  3. W

    Valuing a nearly abandoned SS site

    Again, I appreciate all the input. For those who are interested here is the link to the discussed property. The owner (of one year) will not accept anything less than 500K. (Out of his mind). My broker estimates the "dirt" to be worth no more than 100K. I will keep looking. Happy holiday...
  4. W

    Valuing a nearly abandoned SS site

    Again, thank you....hope to mirror your success.
  5. W

    Valuing a nearly abandoned SS site

    On a percentage basis how much more revenue compared to the self serve bays?
  6. W

    Valuing a nearly abandoned SS site

    Thank you. Very useful info. Will you share the cost to install the EDGE?
  7. W

    Valuing a nearly abandoned SS site

    Who did you use for the study?
  8. W

    Valuing a nearly abandoned SS site

    How have you increased your net by that much?
  9. W

    Valuing a nearly abandoned SS site

    Are you happy with the outcome? Would you do it again?
  10. W

    Valuing a nearly abandoned SS site

    Yes, that I do understand. But for me wanting to refresh the business, it is definitely worth more than the dirt. If I were to start from scratch the cost would approach or exceed 7 figures. Why haven’t you raised your prices 20%?
  11. W

    Valuing a nearly abandoned SS site

    I appreciate the input. Not sure I understand the position that it is only worth the value of the dirt. The building will definitely need a major facelift, but the cost will be significantly less than the cost to build a new structure. If I built new, I would still need to buy all the wash...
  12. W

    Valuing a nearly abandoned SS site

    So has inflation hit the SS industry yet? Are operators increasing prices? What is the average start price and time? Do these numbers reflect say a $3 start and a count up system? Probably not. What is the trend?
  13. W

    Valuing a nearly abandoned SS site

    Maybe my question should be more specific. How many washes do your bays average monthly? What is your traffic count?
  14. W

    Valuing a nearly abandoned SS site

    Hello to those in the know. Looking at my first venture into the SS Wash world. Trying to put a value on a 7 bay wash that has fallen into disrepair. The pump room looks like a WWII submarine, half the bays don’t operate, etc. A complete redo with no history of past business. I plan to get a...
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