Does anyone have carwash experience?

searcher profile

July 09, 2023

by a searcher in San Diego, CA, USA

Hi everyone!

Next week, I'll be drafting an LOI for a carwash. The seller and I have a verbal agreement on a seller-financed arrangement. Are there any carwash/detailing industry experts available? I'd love to chat about business insights and financials. I'm happy to compensate you for your time!

0
2
66
Replies
2
commentor profile
Reply by a searcher
in Las Vegas, NV, USA
One thing with car washes is understanding it is almost always a real estate play and that unless the car wash is brand new, they are maintenance monsters.

Also, to check their numbers find out exactly how much water each cycle uses and then check their water meter and/or water bill.

They can fiddle the books but not their water usage.
commentor profile
Reply by a searcher
from Vanderbilt University in Denver, CO, USA
Kriss Berg (@KrissBergTweets) has a ~$300 course on car washes (including handling depreciation). He also books hour-long consultation calls for $300/hr. You could likely book one with him by reaching out to redacted
Join the discussion