Hey, has anyone here ever started or run a car wash? I’m really intrigued by the idea seems like it could generate passive income with just initial setup costs plus ongoing expenses like water, soap, and maintenance.
I’ve been doing some research, but I feel like I’m not getting a clear picture. If you’ve got any experience with starting or managing a car wash, I’d love to hear your insights on this.
Business brokers sometimes have car washes listed for sale. You’ll need to sign a non-disclosure agreement to access their financial information like EBIDTA (earnings before interest, depreciation, taxes, and amortization). Buying an established location might prove more profitable in the long run.
Hello, Dolph Gabbana. My brother had a couple, as well as a laundrette. If you can do the repairs, you’re in good shape. If you have to hire someone to fix things, you’re going to have a difficult time.