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I would base it off the $1,000 - $1,500 per bay as referenced above. If your seriously interested in this location I would ask the neighboring businesses to see what they can tell you about business in general and activity at the wash. In your situation I would say you are just valuing the...

Coach personally I think the issue here is since it is a business only loan what collateral do they have.....used laundromat equipment....what is that worth.....$0.10 on the dollar. Given there is no real asset i.e. real estate to which the bank can hedge their loan against, it is considered...

From reading I know most everyone uses the LED 6 or LED 7 for CryptoPay but can the LED 5 work as well? I already have them from a wash I sold that was closed down so hoping to save buying new timers.

I would see if you can get the city out to do an inspection prior to closing. Here in DFW I needed inspections on the 3 washes before getting my C.O. and putting the water in my name. At one site in particular there were electrical issue out of code that came to the surface after we closed. I...

Cash is always king to jump on any opportunity that might arise when it arises in any economy under any conditions....just my 10 cents. Are you asking because you are considering using cash to buy the wash or seeking a loan?

What market are you in? Pricing is all about the market and competition. My washes are right in the price point you mentioned but their not going any where any time soon....its paid off so I have no note against it and I maintain it well.

Resources such as what specifically? This forum is great for pretty much everything car wash, mainly self serve side of the industry although we do have some express guys here as well. Aside from this forum, I would say car wash conventions and networking that should pretty much have you...

Makes sense thanks. When I purchased my locations I first clean them with pure muriatic acid and a hp washer. After, I tell the guys to cut it with water but I don't think they have always been doing so because I noticed the mortar between the brick or tile is starting to deteriorate, Im...

What would you recommend to neutralize it with?

This is just private equity money and deep pocket investors doing these massive expansions. That's what happens when the govt prints money and makes it so cheap, people go bananas and start throwing money around at everything. Since the FED rate hikes this massive building spree should subside...

His population at that location is approx 5400...there is a Walmart there but it's still a very small town in east Tx

Have a picture you can post? I have an idea what this would look like but a pic would be great.

Are you running without one?

Clamp on procon pump. I had flojets at one wash and had bad experiences with them so I decided to stick with electric motor and clamp on pumps

Nope I installed it correctly I've installed these before at my other 2 washes so double checked that. It was leaking and would allow product through. I turned it to adjust reinstalled nothing...so just went straight into the manifold. On the proton pump I believe it's a relief valve port but...

I have a coleman super saver and removed the regulator on the foam brush product side. You more experienced guys what are the pros and cons of this? I adjust the pressure at the pump. Reason I did this I changed the regulator 3 weeks ago and it failed within a week. Of course it happened on a...

If your only hang up is the domain name what about Luckyduckcw.com

26% expense ratio is very sketchy....I've never seen one that low at the washes I've seen in the DFW area. Norm around here is 35 to 45% expenses

Yes I was referring to gross income on that 5 multiple. If your sons are there in San Antonio I would recommend have them sit out front of whichever wash you might be looking at, consider this the first test. By sit I don't mean 15 mins and leave. If your going to take that approach then I...

Is someone moving to Oklahoma or your sons going to college there? Who would run it? Thats great you want to buy them a business but like Roz said definitely make sure their committed to taking out trash and cleaning up other people's messes otherwise the "honeymoon" will be over real quick...