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Old 15 February 2018, 12:00 AM   #20
rmlovett1
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Real Name: Richard
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Quote:
Originally Posted by car_wash_guy View Post
The right car wash could be a great investment. I bought my first with $200K down and netted a solid 35% COC. I still own it and spend about 3 hours a week there.
Quote:
Originally Posted by MonBK View Post
I've had one for many, many years.

Only problem is when it's too cold outside she (wifey) complains.
Thanks guys...Car wash was top of my list when I started looking. I haven’t found any existing for sale in my area, and it’s fairly saturated for any new growth. This is always a viable option, just always questioned the ROI. In theory though, I’m only looking for 60K or anything above as a yearly net return.
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