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I am new to the business. I've been looking into commercial real estate for a while. I've been avoiding anything in the food industry. I got the last 3 years of tax returns yesterday and it wasn't pretty. Gross profits were only approx. 470k for the last 3 years on the returns for the wash...

Hi, Looking for some advice and analysis of a potential opportunity to buy an existing wash and land. It's a one tunnel full service wash. It definitely needs some TLC. Most likely needs to be completely renovated. The location is very good and busy and a new housing development almost done...