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    Building/Buying Formulas

    @jrauth Also curious 40% margin for debt service for what type of car wash? I ask because I'm interested in self serve with possible in-bay automatics. Thank you.
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    Seeking car wash consultant

    Thank you @Randy!
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    Seeking car wash consultant

    Oh! I should clarify, I'm looking for someone to advise on the purchase a pre-existing business.
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    Seeking car wash consultant

    Thank you for the recommendation @Rfreeman I'm seeking guidance on a wash comprised of self service bays and an automatic soft touch bay.
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    Seeking car wash consultant

    Hey gang! I'm seeking a consultant in the NJ/PA area. As someone who is new to the car wash business I need someone to assess the business; location, traffic count, equipment, business operations and the reported revenue and expenses. Appreciate any recommendations.
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    Buying car wash - need advice on confirmatory diligence

    @Joswhaha Thank you. Is there a rule of thumb for only the business?
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    Buying car wash - need advice on confirmatory diligence

    @Joswhaha Hello. Is that 3 - 5x of gross for the business alone or for the real estate as well? I assume it's just for the business? Thanks in advance.
  8. C

    Seeking a consultant

    Hey gang! I'm seeking a consultant in the NJ/PA area. As someone who is new to the car wash business I need someone to assess the business; location, traffic count, equipment, business operations and the reported revenue and expenses. Appreciate any recommendations.
  9. C

    Building/Buying Formulas

    @jrauth Thank you for sharing the formula for the annual annual numbers of cars one can expect to wash was; daily traffic count times a capture rate of 1% times 300 days a year. Question: Is that 1% of traffic flowing in both directions of the road or 1% of traffic flowing directly past the wash?
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    Repair services / companies

    Yup, @OurTown. The owner currently does everything himself. I agree, having even a basic understanding would help eliminate some degree of stress. I've asked the owner for the finanicals. I just have to figure out what the cost of hiring would be so I can deduct that as an expense and...
  11. C

    Repair services / companies

    Thanks buddy! That's nice of you to offer. Right now I'm just in conversation to buy a place (don't own it at the moment). I'm trying to estimate how much it's going to cost to actually hire people to run the wash on a day to day basis.
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    Repair services / companies

    lol. That's a whole lot more than what I know.
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    Repair services / companies

    @Burky How did you find an electrician familiar with a car wash?
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    Repair services / companies

    I appreciate the candor and feedback. It makes a lot of sense. Especially replacing items as they break not patching and paying fair and competitive hourly rates. The business in mind has 4 self serves and 2 automatics.
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    Repair services / companies

    Hey team! I'm considering the purchase of a self service wash in the NJ/PA area. I have a corporate gig, so the car wash would serve as an investment. I'll clearly need a team to run the business for me on a day to day basis. Finding someone to clean up should be easy, but I suspect finding...
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