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Thread: Operating a Car Wash Business

  1. #41
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    Quote Originally Posted by tonytiger55 View Post
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    Holy shit. That's crazy. RIP.
    Dear Sriracha Sauce, you're the only thing with a cock on it that I want in my mouth.

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    I'm going to have to give that carwash a try. i didn't know there was one in cedarbrae
    Quote Originally Posted by Gestalt View Post
    Im the one with a learning disability....

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    Quote Originally Posted by tonytiger55 View Post
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    I forgot to add. You can also sign up companies with fleet vehicles and give them a flat rate. Its not necessarily dealerships that may use it. I remember that we had a few companies sign up.
    My friend worked for a company with a fleet account at the big bucket and he gave me the code once and man i never knew life could be so good using the air dryer lol
    Quote Originally Posted by Mitsu3000gt View Post
    and I did not have the only say in the matter (most people just want it done ASAP and don't care about quality).
    Quote Originally Posted by Mitsu3000gt View Post
    If anything we made a better decision because we had a consensus and were all on the same page.

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    Quote Originally Posted by ercchry View Post
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    Ah, I thought we were building one from scratch?
    We're building a car wash? Count me in.

  5. #45
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    "10 bays, $1/min... busy 8/24hrs 365 days a yr....

    Average of 12% on borrowed funds, about $500k interest payments annually... leaving you about $1.2m in revenue... even a couple min wage staff on site and you’re returning 80-90% on your capital, plus own appreciating land"



    Chemical + equipment maintenance + utilities + insurance + dirt cleanup fee/disposal + property tax and list goes on
    Last edited by muse017; 07-04-2019 at 08:16 PM.

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    Quote Originally Posted by killramos View Post
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    I mean. If you spend all your time working ( most CEO’s etc., should probably put my flame suit on for that one) then you are less likely to have a substantial hobby interest in cars.

    Cars likely just don’t interest them nearly as much as using that capital for work.

    At least that’s my theory?

    As for running a car wash. I’m sure there are worse jobs.
    I don't think that's how it works, instead it's personal preference. I've driven shitty cars, and I've driven nice cars, I'd pick a nice car to drive every time. The whole concept of "Warren Buffet lives in his childhood home" is bullshit. Sure, I know a couple billionaires who couldn't give a shit about owning/driving a sports car, but you can bet your ass they're transported to their jet/jet-share and flown to their mansion on a peninsula located on a warm coast. Others enjoy the rush of taking the Ferrari to their hanger, or showing up to New York fashion week in RR.

    Life is to short to drive a boring car or only vacation in Mexican all inclusives.

    Edit:

    A family member opened a couple "high end" car washes in Colorado and said it was a waste of capital. Maintenance, theft, unreliable swings due to weather, inability to brand/expand and no exit strategy. Its meant for owner operators.
    Last edited by DustanS; 07-04-2019 at 11:31 PM.

  7. #47
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    Quote Originally Posted by speedog View Post
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    My Dad just retired from being a commercial realtor and always said that the three best small business money makers were car washes, liquor stores and gas stations with an attached convenience store. 30 years as a commercial realtor and the contacts he had wouldn't lead me to doubt what he says and yes, there's always more to those businesses than 'their' books.
    I have friends that own each of those business'. The car wash and convenience store seem to make big bank. Liquor store seems like small potatoes. It's pretty hard to paint everything with a broad brush in these niches, as the revenue from each of these will vary wildly based on location and other competing business' in the area.

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    I think for liquor stores it really only works if you have a few and are large enough to distribute to other business. (Restaurants, other stores etc)

    I'll dig for more info on the carwash costs...

  9. #49
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    There's probably a Car Wash REIT out there for you to buy.
    National Retail Properties NNN

    "Its top five tenants are Susser Holdings (owner of Stripe's convenience stores; 5% of annualized base rate), Mister Car Wash (4.9%), Pantry (Kangaroo Express convenience stores; 4.4%), 7-Eleven (4.2%) and L.A. Fitness (4.2%)."

  10. #50
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    OK, so here we go with some numbers: (Keep in mind, these are rough ballpark numbers)

    -Land in Calgary (approx, will change per location) $750k-$1.25M per acre
    -General building Cost $225 per square foot
    -Self wash wand bays cost ~$30k per bay for the equipment

    Top Gear wash was around $7.5M for everything, Wash King was around $11M!

    One large car wash in AB (Wont location or name given for Obv. reasons) averages 240,000 washes a year at an average of $12 per wash. Cost on consumables is $2 per wash. Also to keep in mind, all new washes are credit card based, so that cash incentive doesnt happen as much!
    Last edited by R-Audi; 07-08-2019 at 09:55 AM.

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    Quote Originally Posted by ercchry View Post
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    my ex's father... for every 0 added to his net worth, his vehicles dropped a bracket... 7 figures, SLS AMG, then older E63, now at high 8 figures... mazda 3, then he bought a mini RV and sold his mansion outside of london and was going to live in the RV cause Anthony Hopkins does that 6 months out of the year or some nonsense

    he gave up on the RV, bought another house and just rents villas in the Mediterranean like a sane rich person now... very questionable for a while though... thats true "fuck you" money though... zero fucks given, and random ass impulse decisions
    from what i gathered from this post is that you have an ex that has a rich father................. any red flags i need to know about before i jump on that lol.

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    Quote Originally Posted by R-Audi View Post
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    OK, so here we go with some numbers: (Keep in mind, these are rough ballpark numbers)

    -Land in Calgary (approx, will change per location) $750k-$1.25M per acre
    -General building Cost $225 per square foot
    -Self wash wand bays cost ~$30k per bay for the equipment

    Top Gear wash was around $7.5M for everything, Wash King was around $11M!

    One large car wash in AB (Wont location or name given for Obv. reasons) averages 240,000 washes a year at an average of $12 per wash. Cost on consumables is $2 per wash. Also to keep in mind, all new washes are credit card based, so that cash incentive doesnt happen as much!
    $12 per wash?? That seems so high.

  13. #53
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    Quote Originally Posted by ercchry View Post
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    my ex's father... for every 0 added to his net worth, his vehicles dropped a bracket... 7 figures, SLS AMG, then older E63, now at high 8 figures... mazda 3, then he bought a mini RV and sold his mansion outside of london and was going to live in the RV cause Anthony Hopkins does that 6 months out of the year or some nonsense

    he gave up on the RV, bought another house and just rents villas in the Mediterranean like a sane rich person now... very questionable for a while though... thats true "fuck you" money though... zero fucks given, and random ass impulse decisions
    You need to get back in there. Then throw a huge ass Beyond yacht party.


    Quote Originally Posted by P_D View Post
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    from what i gathered from this post is that you have an ex that has a rich father................. any red flags i need to know about before i jump on that lol.

  14. #54
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    Quote Originally Posted by dirtsniffer View Post
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    I'm going to have to give that carwash a try. i didn't know there was one in cedarbrae
    It wasn't great. Last 2 times I went they had no soap, and the cashier said it wasn't their problem.

  15. #55
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    Quote Originally Posted by RX_EVOLV View Post
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    $12 per wash?? That seems so high.
    I have never washed for less than $10, ever. Most are $12-$15. My truck when muddy is sometimes over $16.

  16. #56
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    Quote Originally Posted by RX_EVOLV View Post
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    $12 per wash?? That seems so high.
    Its a rough average.. Im usually ~$10 with an SUV that isnt super dirty on a coin wash, but always higher on the credit card washes. That also includes the automatic washes, as I think they start around $10 or 12 per.

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    Quote Originally Posted by spike98 View Post
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    I have never washed for less than $10, ever. Most are $12-$15. My truck when muddy is sometimes over $16.
    I average $4-5 per wash.. $2 on soap and $2 on rinse for the 335.. and $3/$2 on the X5.. dry by hand. Do you guys actually do the pre-soak and the spotless rinse??

  18. #58
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    was just crunching numbers for curiosity

    240,000 washes a year for a 12 bay location is about 385 car washes/bay/week

    55 car washes/bay/day

    assuming 12 hour a day operation this is 4.6 car washes per hour/bay.

    those seem like very high numbers, essentially this car wash is running flat out year round. Maybe my marth is way off, but was surprised.

    Quote Originally Posted by R-Audi View Post
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    OK, so here we go with some numbers: (Keep in mind, these are rough ballpark numbers)

    -Land in Calgary (approx, will change per location) $750k-$1.25M per acre
    -General building Cost $225 per square foot
    -Self wash wand bays cost ~$30k per bay for the equipment

    Top Gear wash was around $7.5M for everything, Wash King was around $11M!

    One large car wash in AB (Wont location or name given for Obv. reasons) averages 240,000 washes a year at an average of $12 per wash. Cost on consumables is $2 per wash. Also to keep in mind, all new washes are credit card based, so that cash incentive doesnt happen as much!

  19. #59
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    Quote Originally Posted by civicHB View Post
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    was just crunching numbers for curiosity

    240,000 washes a year for a 12 bay location is about 385 car washes/bay/week

    55 car washes/bay/day

    assuming 12 hour a day operation this is 4.6 car washes per hour/bay.

    those seem like very high numbers, essentially this car wash is running flat out year round. Maybe my marth is way off, but was surprised.

    I am not aware what setup this wash had, but I am assuming its on of the large types (similar to Top Gear/Wash King) For obvious reasons they werent able to hand out more information. For comparison sake, they also said a typical single bay automatic gas station car wash gets around 60,000 washes per year.

  20. #60
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    Quote Originally Posted by spike98 View Post
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    I have never washed for less than $10, ever. Most are $12-$15. My truck when muddy is sometimes over $16.
    I have never washed for more than $7.
    So maybe $12 is the avg. But it does seem high.

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