Holy shit. That's crazy. RIP.This quote is hidden because you are ignoring this member. Show Quote
Holy shit. That's crazy. RIP.This quote is hidden because you are ignoring this member. Show Quote
I'm going to have to give that carwash a try. i didn't know there was one in cedarbrae
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 lolThis quote is hidden because you are ignoring this member. Show Quote
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We're building a car wash? Count me in.This quote is hidden because you are ignoring this member. Show Quote
"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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Last edited by DustanS; 09-22-2022 at 11:14 AM.
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.This quote is hidden because you are ignoring this member. Show Quote
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...
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%)."
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.
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.This quote is hidden because you are ignoring this member. Show Quote
$12 per wash?? That seems so high.This quote is hidden because you are ignoring this member. Show Quote
You need to get back in there. Then throw a huge ass Beyond yacht party.This quote is hidden because you are ignoring this member. Show Quote
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Updated: March 10, 2022
My list of random For Sale (some free) stuff
It wasn't great. Last 2 times I went they had no soap, and the cashier said it wasn't their problem.This quote is hidden because you are ignoring this member. Show Quote
I have never washed for less than $10, ever. Most are $12-$15. My truck when muddy is sometimes over $16.This quote is hidden because you are ignoring this member. Show Quote
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.This quote is hidden because you are ignoring this member. Show Quote
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??This quote is hidden because you are ignoring this member. Show Quote
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.
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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.
I have never washed for more than $7.This quote is hidden because you are ignoring this member. Show Quote
So maybe $12 is the avg. But it does seem high.