Thread: Car Business
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Old 1 December 2022, 03:53 AM   #2
HAPConst
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Join Date: Nov 2022
Location: United States
Posts: 153
I am a former owner. I originally bought a building with a laundromat. There was a huge parking lot so I started with used cars. I did this for 7yrs before I got burnt out. My main occupation is custom home builder/remodeler. I wanted the laundromat as an absentee side hustle. The car business morphed from a hobby to a business. Having the space and zoning already in place made it easy. Towards the end I was doing 12-15 cars per month. Eventually I got burnt out chasing employees. I didn’t trust anyone enough to send to the auctions so I had to do that twice per week. It got to the point I was working more at the side hustle than I was at my construction company. I eventually sold everything to a younger husband and wife team. The car lot has since closed, but they expanded the laundromat and it seems to be doing well.
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