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Buying existing car wash questions

Rodj13

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I'm still stuck on the fact that it's a 3 bay self-serve and he wants $600k? I get that the dirt might be worth more than I am accustomed to, but the dirt the dirt doesn't generate any monthly income. This would need to be one of the busiest 3 bay self serves I've ever seen.


It gets pretty busy but nothing crazy or out of the ordinary. It’s off the corner of a real busy street/highway but that’s about it. How would I even go about seeing what its actually worth without dropping money on an appraisal? I have p/l statements but that doesn’t do much help.
 
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