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  1. K

    Advise needed, first time potential buyer

    correct.... but this is not worth the invest at all with this new big competitor that has must more cash on hand
  2. K

    Advise needed, first time potential buyer

    Hello everyone I owe you all an update.... so I have been digging in land sales with the county, and low and behold what I found..... land 1 mile from where the car wash I was interested in has been sold... AND permits has been issues... AND today I saw the first bulldozer.... YEP a rather...
  3. K

    Day to day operation, time consumption, task list

    Thank you for all the info. I already checked the bays and the automatic. It all runs and runs good. Only thing I found was stickers on vacuums are scraped and one brush that needs to be changed. I think you are right in that I could get in trouble with others trying to snag it. At least this...
  4. K

    Day to day operation, time consumption, task list

    I live 4 min away from the was, so that is def. great. Form what you are describing I have more than enough time to invest in this business. All my rental properties are fully renovated, and require very little no time from me anymore. I am not getting more rentals at this point, as I am seeing...
  5. K

    Advise needed, first time potential buyer

    I can turn a wrench... I renovate all my rentals myself. Sure a wash will be a learning curve for sure. Seller has expressed a desire to ensure that I would get a good business and would stay on as help for 3-4 weeks to teach me the ropes. I think I can learn the basic and most repairs that way...
  6. K

    Day to day operation, time consumption, task list

    Valid points for sure. I will not be slave anymore to my job. That's why I quit the corporate world... I had some very bad years of a high level boss squeezing the life out of me. I am usually the middle of the road and will for sure keep things working and clean, but I will not have pristine...
  7. K

    Day to day operation, time consumption, task list

    Yes I would do it all myself. All my rentals I have I have renovated myself. I started out small doing my first semi renovation with my dad and from there it got bigger and bigger. Yes I am handy, though of course this is going to be new for me, working on car wash equipment. But I do know how...
  8. K

    Day to day operation, time consumption, task list

    Hello everyone This might have been asked before but did not know what to search for. In a 6 bay SS with 1 automatic or something close to it... how much time do you spend every day/week on tasks to keep the place clean and running. I am aware that you might have companies do grass cutting and...
  9. K

    Woo Hoo My First Car Wash!!!

    First of.. congratulations.... that is really great for you man. So what have you learned till date..... what has surprised you.. and how much time do you spend on day to day operation?
  10. K

    Advise needed, first time potential buyer

    Repairs are hovers from 4-6k a year.
  11. K

    Advise needed, first time potential buyer

    Sorry for the late reply... Been really busy with my rentals, but finally got some info for you... The Autowash is from Washworld and Model is Razor. The SS machines has 11 options. It takes coins and credit card. Options are below: Engine Cleaner Tire Cleaner Bug Spray Pre Soak High Pressure...
  12. K

    Advise needed, first time potential buyer

    Very good point and I already been looking at this. 3.8 miles away there is a tunnel, with free vac, towels and sprays for interior/exterior. This has not impacted the business, and it does surprise me a good bit why that is. The other location is very nice, but cheapest option is 16$ for wash...
  13. K

    Advise needed, first time potential buyer

    First thank you for responding with great input.... Here is some clarification, that I clearly is missing to communicate. First: Another user Kleanride had a good questions, and here is the answer: Yes 75k is take home after all operating expenses, debt and taxes has been paid. Second: I...
  14. K

    Advise needed, first time potential buyer

    Hello everyone I am hoping you could give me some advise. I have been offered to buy SS car wash in Philly, it is not even listed yet The offer comes from another investor, that I have done many deals with in real estate. I do need help in understanding if the below numbers are what to expect...
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