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I've had the same thought about converting bays to laundry. I imagine this could work but is very location dependent. Needs to be in more residential area with lower / lower middle income demographics? I know some commercial businesses use laundromats as well but I have to figure the vast...

Very helpful thank you. I feel the push for all these EE tunnels is the real estate investor demand and that is gonna go away soon with high interest rates and as these 1031 buyers figure out that some of these PE wash companies aren't going to make it and the ones that do are gonna not renew...

Thanks for all the helpful and informative feedback. I guess if I move forward with any purchase of a self serve I am just going to have to do it on the assumption that at some point I am going to be competing against a tunnel.

These washes usually have 2 IBA and 3 ss washes. The IBA units though are extremely old and also the bay for them are so small they can't be retrofit with a unit that could wash large SUVs. They are limited to cars and smaller SUVs.

I feel like they are gonna stop this crazy building spree now that interest rates are high and real estate investors would have more difficulty affording to buy the developed real estate but perhaps I am wrong. I see so many real estate listings to buy EE washes with a long term lease from the...

Can those cities possibly support justifying developing an EE wash? It seems like you wouldn't generate enough volume, particularly if the demographics are mostly middle income or lower middle income.

Hi Kimberly, I have seen and appreciated several of your posts on the forums. I am particularly interested in your posts about Coinless. I am doing some due diligence on acquiring some self service washes with some in bay autos. I was curious if you had any estimate to the amount your sales...

Hi, I am a real estate investor looking to possibly enter the car wash business. Based in the rural midwest. My idea is to acquire old, pretty run down self-serve car washes in markets that are big enough for a 4+ bay wash but too small for a tunnel (so between 5,000 and 15,000 people?)...