Car wash industry

by an investor from Concordia University - John Molson School of Business

3 years ago

Does anyone have experience looking at deals in this space? Would love to get your views on the industry as a potential search fund acquisition target.

1 like
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21 comments

searcher

I looked into this industry at one point. My biggest advice would be to zero in on the labor requirements and capital expenditure needs. These businesses tend to have stable revenue but it can often be difficult to tell how much fixups and equipment replacements will be needed in the next few years. Often times, capex can also be lumpy. The seller can say they haven't had a need to replace anything for a few years but if you look 7 years back you'll see a huge $20k payment.

3 years ago | like reply | 0 likes

investor from Georgetown University - The McDonough School of Business

Feel free to email me, Aaron. I do a lot in that space and have good pulse on the market. Happy to share my thoughts and intel. --@----.com

3 years ago | like reply | 0 likes

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