Carwashes seem like a horrible investment

Carwashes seem like a horrible investment : r/Entrepreneur - Reddit

I had a buddy of mine invest into a tunnel carwash and cost him 5 million dollars. He always has to deal with employee turnover, equipment always breaking, ...

Top 6 Reasons to NOT Buy a Car Wash - Franchise City

Opening a new self service car wash not including the land, which can be a huge investment itself, you are looking at around $40k per bay. Mobile car washing ...

What are your thoughts on buying a car wash? Good investment or ...

Consider, some businesses are more sensitive to economic downturn (local and regional). Folks can always wash the car themselves or leave it ...

How lucrative is owning a car wash as an investment? - Quora

Car washes are a long-term investment. If you have money to invest upfront, they can provide you with a decent living. But the real trick is to ...

10 Reasons Why Car Washes Fail and How to Avoid Them in 2021

1. Bad Location. We've all heard the cliché “location, location, location,” and there's a reason for that. · 2. Poor Design · 3. Misunderstanding ...

Investing in a Car Wash: Pros, Cons and Advice | DRB®

f you're looking for a business you can easily sell for a profit or as a retirement strategy, a car wash is a good option. Investors love the predictable, ...

Why do some investors say that car washes are a good investment?

You have investment money. Money to invest that you don't need. Pay cash for the car wash. It's a gravy train from the word go. · When you're ...

Should You Invest in Car Washes?

We had a 55% cash on cash on our entire first year, our first full 12 months. Amazing, right? Well, after that, I decided I do not want to do car washes anymore ...

6 reasons to NOT Buy a Car Wash - YouTube

Are car Washes a good or bad business to own? How much do they cost and make? We explore critical data most sellers wont tell you! 1.

Investing in a car wash

With a background in water treatment, you may want to consider leveraging your experience with one of the equipment manufacturers that make ...

Is a car wash or laundromat a good or bad investment?

water freezes when it gets cold (no duh!) which creates other issues. Not trying to talk you out of a car wash, they can be profitable, but ...

Passive Investing in Car Wash Real Estate

Regardless of economic timing relativity, car washes as a whole experience far more muted impacts and changes in relation to the overall ...

Looking to Move/Invest in a Business | Car Wash Forum

Car washes up here are expensive (mostly due to real estate prices skyrocketing) and profitable (due to the fact that we have snow/salt in the ...

Car Wash a good investment? - BiggerPockets

I found that the cap rate was better for the car washes that it was for the apartments I was looking at here in WI. I'm guessing that's common, ...

Investing in Car Washes | Turtle Wax® Pro

A car wash can be a great investment opportunity as it presents a lot of unique benefits such as a constant stream of revenue, flexibility, ...

Investing in Self-Service Car Washes for Cash Flow - YouTube

is it everything it's made out to be? Today, we're diving into self-serve car washes as an investment with Dan Schiermeyer. // Get Dan's e ...

Investing in a Car Wash Business: Expenses and Profit Analysis

Carwashes are a popular choice for people thinking about investing. I didn't look at automatic car washes so I'm not sure what the expenses ...

Car Wash - does anyone own? - BiggerPockets

Not as great of a business as you would think. The repairs can cost an arm and a leg. If the repairs are large, the car wash will be down for ...

Why We Love Investing in Car Washes - The Real Asset Investor

The car wash industry, often perceived as a mundane sector, with the notable exception of a car wash playing a major role in the hit AMC drama “Breaking Bad,” ...

3 Reasons Self Serve Car Washes are a Dying Business - YouTube

100% of the reason is that self serve car washes fail is because most people treat it as passive income and neglect their business.