The True Cost Of Restoring An Abandoned Car Wash
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- เผยแพร่เมื่อ 26 ก.ค. 2024
- Are you thinking of starting a car wash? Restoring an abandoned car wash can be a great way to start your own business. This video will show you the true cost of restoring an abandoned car wash and explain why it's such a good investment.
In this video, we'll show you how to restore an abandoned car wash and make a passive income from the process. We'll also show you how to buy self serve car wash equipment and start your own car wash! This is a great way to start your own business and start making money.
Last year I took on this project of getting a old abandoned car wash back in business again. One of the biggest questions was how much money do I need to be back in operation again and have a well functioning car wash. Here is a complete breakdown of what I spent on the different items I needed and the full grand total of what it took. Keep in mind that there are lots of different car wash equipment and your going to have to decide between buying brand new vs used. In the end your biggest hurdle will be finding someone that will install and set it up for you if you cant figure it out yourselves.
At 10,000 subscribers I am going to start revealing the revenue that this car wash has and will be generating and what the profit and loss reports look like. Consider subscribing to The Revestor channel and following along.
linktr.ee/therevestor
If your opening a car wash buy these car wash flags
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Thank you for the update video. I'm up in Eastern WA State and I'm looking at an abandoned 4 bay on a busy corner lot. I've Been watching your videos since you started posting on this project. I would also be interested in learning more about your cold weather setup and operations. Good luck in 2023 and please keep the videos coming.
Yeah thats a good idea. Theres a lot of unique things for washes in freezing temperatures.
Been following you since you first bought the place. Crazy how far its come!
me too, good job,
Thanks to both of you for sticking around to se how its come.
I’m UC on a wash and this channel has been unreal. I appreciate you man
Thats great glad you have some info that I didnt when I got mine
So awesome to see this completed I remember your first video and wow this place has come a long way!
Thanks you have been following along for a minute.
Pretty cool thank you for the info
Great inside.. thank you
That idea of the warm presoak going to the trough is a great idea you seem to have a great sense for the wash business.You will make lots of money 🎉
I'm looking into an abandoned carwash myself. I like your video. You have a lot of good information
Glad it was helpful!
Great video! I'm in underwriting/contract for my first wash and I love the content!
Cool. Have fun you will learn quick
Homerun on the CP Performa super nice and reliable equipment!
I just found the channel, a lot of great content.
Thank you sir! Glad you like it
Already subscribed and hitted the bell ;-) I´am curious. Greets from Germany
Thanks I am glad you keep coming back for more.
You did great with your used purchases that Carolina skid is 40000 alone. Thanks for the update
Thats what I have been told which is awesome.
Great info. I feel like I have heard the same quote you use at the end on a recent podcast…maybe Choose FI
I'll check it out!
Love the video. I’m looking at a 4 bay self serve wash that has been damaged from a fire. I would need to repair asphalt and get all new equipment. Right on a busy road with 10,000 cars a day going by. It would be the only car wash in town. Just don’t know how to underwrite the deal to know how much to spend.
Good day .. I just found your video on car wash and will be subscribing to all of your content. It’s been a few months now that I finally thought about doing the same as you did.. which is open a car wash. I enjoy your videos and I have so much questions about the process. I will somehow like to IM or email you. I’m in San Diego and is a Vet. I’m proud of what you’re doing.. keep up the content. My name is JD
Cool to your success in the industry!
How did you get your funding for the carwash
Great Video! I'm looking into renovating a car wash as well. Where did you get the funding in order to start?
Hey I’m looking at buying my first wash soon. But I’m lost when it comes to the business side of things (licensing, finding out why it closed, mortgage, what questions to ask well buying). If you could just give an insight on the process you went through, that would be helpful.
Wondering what processing system you used for cards as well as what company provided you the bay boxes? Looking into upgrading ours soon and love your layout
The card reader is a brand called Nayax. Its probably the most modern credit card reader available chip, swipe, apple pay the whole 9 yards. Gary and his team at CustomKraft built the boxes did the layout and designed the decal.
Hi bro great video very informative ty
Wanted to know where can I find car washes for sale?
I know a guy in a town close to me he has a 6 bay car wash and he was doing a complete overhaul new everything and converting one bay into an automatic and his total was $100,000.00+. Now I inherited a four bay ss carwash but it has no equipment or anything and another 2 bay ss carwash with 2 vacuums. I have done my best to keep it going. I mean it was 50 cents for three min up until about two months ago when I figured out how to change the timer. My husband built them himself but he passed two years ago. The two bay is right on the highway across from the liquor store (last one before entering dry counties). And I am the only one in town so the business is there with great potential for making money. I just don't know what I am doing.
Great work on at least getting your prices adjusted! Just take on one project at a time. Feel free to email me its on my About tab
Hey man, thanks for the video!
I’ve got a commercial lot with 3 bays with electricity and water but no equipment. What do you recommend we will need to get started? Thanks!
Cool sounds like you have a project. Check out carwashconsignment.com and see if there is any equipment for sale close to you. Sometimes people are selling entire packages.
I'm looking at buying and running a quarter car wash id really like to learn about the chemical side of this how you setup and calibrate how much soap you use etc... I know if its not set up correctly you could go threw a lot of soap and loose a lot of money and product. can you go over that. id also like to see a video of fixing a older 7 selection box mine has those and I will be fixing them replacing the rotary switch etc,,,
How much did you put down to get the car wash and do you own or lease?
Do you have a ring o matic for cleaning your pits? I found post hole digger works great for it too if doing it by hand. Ours has a side pit with a plate over it that the ring o matic can't get into so I just move the mud to the pit that it can get into.
I dont have one but I have looked at them online.
I bought an old carwash that I think is NOT in the perfect location. It’s a 4bay with only 10ft ceiling. I have a quote of $110k to get it equipped. Did I make a mistake?
What kind of paint did you use? I'm looking at a 4-bay red brick site that needs painting, but I want to use the right kind of paint that will be easy to keep clean. Tnx!
I used a commercial grade epoxy paint. A Sherwinn Williams store can get you a good product.
I wish my local car wash would cater to higher end customers. I’d pay double to be able to connect my own spray gun and be able to fill up a 5 G. bucket
I have a higher start price and ultimately that does drive away low end customers that cause the most problems at my wash
6:10 some RGB led stripes along there would be sick
For sure. Something like that would be awesome
Are there self bay car wash machines which can be on 240V.....thinking of starting one back to Africa
I am sure they are out there somewhere.
You really should have replaced the entire asphalt. The break even payoff would have been 5, maybe 10 years.
Are you familiar with any Gin San setups? From pump stands to meter boxes.
I have seen them around yes
@@therevestor were shutting down next week having meter bay boxes and all the self serve pumps and motors replaced. Lol I loose sleep thinking about it.
@@matthewroberts7255 wow! Hope its a quick swap for you.
Six figures plus 😮
Right on
How does the winter months affect your business? What state are you in?
It causes really slow days and really busy days unlike the summer thats more consistent
Can't wait for you to get a new car wash to fix up or even a laundromat.
Yeah I would be open to another project too.
was that $11,000 per meter box?
It was actually $11,000 for all 4 of my Meter Boxes. It was a great deal!
Under 100k
Under 100k for sure
There were just a few misc. items that pushed me over that 100K mark.
$150000
I already subscribed i cant subscribe anymore
But you can share this channel ;-)
Thanks for being there.
You make a good point
nice video :) couldn't find you on fb, could you share your contact please
Click view email on the About section of the channel