- Aug 30, 2007
- Reaction score
I would agree, except this wash could have a huge potential for increased revenue. Without knowing the area I have no opinion on whether this is a good deal or not.Came to right place for opinions on the subejct....In the interest of time.....$8000 Income/$90,000 purchase price is 8% return on investment.....I'd walk right there. Not worth my time the stock market has proved to return almost that (7%) since its inception. Unless you know something that land location etc is about to blow up or you can get the place for $50K (and you might since he wants out) I would keep looking for a better return on your investment of capital and TIME bc car wash do take the latter.