This a great opportunity for someone new to the wash business wanting to learn the intricacies in car wash operations, or an investor looking for a short term investment
I have a car wash completely renovated with an appraised value ''AS IS'' of over $1M needs minor esthetic improvements, to the exterior then have a grand opening. I have 25 years in the industry and have been involved in numerous renovations, from demolitions, building and installations. I am also proficient at site analysis and pro-formas. This site projects to easily reaching $700,000 in first year annual sales (not including Lube Center) I have $1.15M into project, with over $400,000 included in improvements. I am looking for financing to get wash moving in the right direction, and willing to work site for minimal salary, as to market and sell facility. Once we reach 50% of projections, value would easily exceed $1.5M. a full appraisal would currently come in at.
As an investor an initial investment of $500,000 up to $1.15M will earn a tremendous return. As a new operator an initial investment as little as $100,000 would get you immediately involved in the car wash industry, $500,000 you could own the wash business (assume existing lease with option to buy). Learn the different ways a car wash operates, from a simple Exterior Express, add a Flex Serve, or a more conventional Full Service. Also learn from an experienced operator the principals of detailing, express detailing, manage labor, best ways to promote, advertise, customer relations, understanding chemicals, equipment room, reclaim systems, maintenance & repair and more. I am also an expert with the ICS wash controller, control costs, understanding percentages of costs how it relates to costs per car to maximize profits.
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