MY FIRST CAR WASH DEAL AND HOW MUCH IT COST ME!
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- Опубліковано 27 вер 2021
- Want to own your own Self-Serve Car Wash?
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www.thecarwashchronicles.com/
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In this video I explain how I came across my first car wash deal and the in depth details on what my first self serve car wash deal was like. Also I give a little bit about my background from my last few jobs, moving from Australia to Florida then from Florida to Los Angles and my previous jobs before I got into the car wash business.
Then after all that I explain what it took to get my first closed down car wash open and the steps I had to take in order to get the car wash open. I explain what equipement I needed to buy and give some estimates of how much they cost me and my total amount of capital invested in the business.
Im sure you have plenty of questions so please leave all the questions in the comments section and I am more than happy answer all of them.
After working for my Uncle for 2 years at he's car washes I really wanted my own and I came across this car wash. It was completely shutdown for many years so I approached the owner of the land and made a deal with him.
It took me 6 weeks to bring it back to life and open it and now the customers are starting to pour in. Not to mention I opened it during winter so I am yet. to see its full potential but here's a small taste of how its going so far!
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Dude first at all great content! Second of all I think it’d be great if you make a guide with everything is essential for a car wash to succeed (even though you already gave most of the crucial info through your videos already).
Keep it up man! You’ll see that soon your channel will explode with views
Thanks so much man! And yes I am working on a guide in the coming future of more thorough step by step guide. Appreciate the kind words!
I recently starting thinking about opening a car wash and found your videos. Thanks for all the info!
You’re welcome. Hope they help
Super interesting facts about your self and good content, keep it going. We all are waiting for your channel to blow up! :)
Greetings from Lithuania, Europe.
Such kind words. Thank you so much! 🙏
When there is an idea in my mind for this business I was watching your videos.. great information.. thanks a lot for keeping up my passion
Great man. You’re welcome. 👍🏻
@@CarWashChronicles I wanted to start in India, so i should research that automation technology providers here..
Great channel. Binged your videos for the last few days.
Thanks so much. Glad you enjoy. 😁
I've been running into more self serves being leased as used car dealerships. I'm working on a couple to lease now. One is an automatic attached to a gas station. This video is awesome man!!
im just trying to figure out where to start to find these companies and how to get them to part ways. i have several in my area.
@@EddieWrightBBQ find a friend that is an agent. I'm a realtor so it's east for me to pull title and find the llc that owns it. Then you can use your states secretary office to look up the owners and either find their attorney or the actual owners address
Thanks steven! Oh wow. That’s interesting. What state are you in as I don’t recall that happening in Cali. Once a car wash here always a car wash until a big apartment building knocks it down. Lol
@@CarWashChronicles I am in north Georgia. Ive had it happen twice now in smaller towns
@@lotbshow nice im in Alabama and found a gas station that had a run down car wash
As always amazing video!! Thank you so much!!
Thanks for the kind words 🙏
Good video, love the cost breakdown
Well done, love the success. Great career story. Seriously thought I picked up a South African accent but from Aus👍
Haha. Appreciate the kind words. Thank you
Really appreciate, thank you for the details .
You’re welcome. Thanks 🙏🙌🏻
Hey Chris, I been in this business for over 40 years and I love your energy and personally as how you operate is what I do everyday and that's why I am very successful. I just bought a car wash in my town that has been closed for 15 plus years as I own a large facility on the north end of town and a few outside of my town. This wash I just bought I am just going to do self-service with a truck bay in which will be a total of 5 bays. Had to completely gut it as It was bad. When this wash was in operational nothing ever work unless you just like high pressure, LOL "I use to send the muddy s down there" LOL. This wash I am going to a 12 position meter box switch with 11 amenities and doing 4 ceiling booms. I love your uncle ways and how you followed, you see around here they call me the car wash king, HA!. You both have very good car wash ethics and that's why your very good at what you do. Great job and I love to follow your stories. Dave
Wow. That’s amazing! Great work and your knowledge for this business must be endless with 40 years. That’s inspiring. All the best for the new wash! Thanks Dave.
Hi Dave I'm looking to buy a self service car wash. and since you have 40 years of experience. What is your recommendation on which brand of equipment. And where do you go to buy/order parts from. Any info would be greatly appreciated.
@@LinkcardEBTCash Hello Sorry I didn't get back to you sooner as I was away for a few days. I started out in the late 70's with a full tunnel and in 1984 on that property we built a 3 bay car wash. My dad built the tunnel in 71 and when we built the self serve car wash I was going to order all the equipment and as I was talking to a dealer for a 3 pumping station, coin boxes, booms and misc accessories it was about $11,00.00 so at that price my dad said no and told me to build my own. When I say building my own that would consist of designing my own pump stands, installing motors and cat pumps as we were using the cat pump# 430 back then. My trade has always been a electrician and also I did welding out of high school in which made that easy, and a lot cheaper, but today time is money. Now lets speed up to 2004 as I sold the tunnel and 3 bays in the 90's, "but service other washes in the mean time" I build a brand new wash, 3 bays and one automatic in-which I still have today. In 2007 I bought our two local car washes 5 miles away from the one I built, as one I owned and other was a lease wash. I had 7 years left when a major gas station (my lessor) wanted the property my wash was on for parking as I sold them my remaining 7 years left as they torn in down Aug of this year. Between my two local washes was a closed down wash for 10 plus years and I told my wife what a piece of s#@h as I would never buy that wash as it was so run down in which I didn't like the the mechanical room because it was only 8 ft wide. Well a few months went buy and contacted the owner and guess what I bought a 4 SS bay and one auto piece of crap, HA! HA! I needed a challenge and I have a few good employees that love the car wash business and this would be a great opportunity for them to see it from the ground up. I just completely gutting the entire wash including the 500 plus pigeons and the 2" of pigeon poop in every bay and that is no lie, HA!. So now equipment question!! I am actually going to also build my own pump stand here also as being the equipment room only being 8 ft wide by 26 ft long my room is very limited. Today car wash manufactures always seem to build there pump stands 30" out from the wall. This will be the second one I have build and it will be 16" by 26" and 80" tall and will consist of 5 pumps, ea having there own soap and wax solenoids attach, its a very nice rack of pumps with a small foot print. As everything I do in this business I always think 5 steps ahead for easy maintenance and replacement of pumps, motors, and misc have to be all consider. At this wash I will be using Cat pumps# 310 with 5 hp motors, Dosatrons for all my low pressure applications (No more tanks, hydro-minders, and flow jet pumps. I am installing 12 position switch meter boxes with coin, bill, credit card with quick tap pay devises and will have 11 amenity in each bay. Ea bay will have 4 mosmatic Z booms one being a airboom. Lighting is very very important to me as I will have multiply LED fixtures with photo eyes so when a car comes in it will fully lighten up the bay as I have done that to other washes with great success with saving money in the long run. I use Kleen rite for all my misc parts, vending supplies, hoses as I make my own, and pumps. I am a dealer for Arcadian chemical so that is where all my chemical from. As far as your plug and play pump stands there are a ton of company's that do that, Kleen rite, dultmier, carwash superstore, D&S carwash and so on. I have always used Cat pumps and they just run run and run. I know I drag your question out a bit, HA! but wanted to give you a run down on my side. This is why I like watching Chris and his uncle because they are go getters and love to take a old run down wash and bring it back to life in-which I am so much of a believer of that. Where you location at? I can show you pictures and the process. Any other questions just ask. Dave
@davehoffman9767 hey! I've been digging around trying to find someone to talk to about this business. I was wondering if I can ask you some questions- zack.
Love your videos! I want to get a car wash ASAP!
Thanks josh! Keep searching man! They’re out there
I've been looking at an old carwash in my childhood neighborhood. It's kind of attached to a gas station and the carwash lot is directly behind the gas station with two vacuums in the front. The carwash lot also extends around the right side of the store with two extra vacuums on that side. I remember talking with the owner several years ago while I was getting some change and he just happened to be there that day. He told me that he had the carwash built from the ground up but the carwash is in pretty poor condition. Even back then when I talked to him the automatic side was out of order. After stumbling across your video a few days ago I drove by there and it's in even worst condition. All the equipment is in desperate need of replacement and the automatic side has been completely gutted out and is just an empty bay. The neighborhood is currently going through a transition where they are trying to refurbish the area to how it was back in the 90's so it's alot of housing development going on directly across from where the carwash is located. With all the repairs needed to bring this carwash back to it's glory days I was just wondering in your opinion would it be worth it as someone who trying to get in the business? Thanks for your detailed videos I am a new subscriber.
Taking Bond to the latest Bond movie, awesome! How do you know George Lazenby anyway?! Very cool Chris! And thanks for continuing to push out these videos, very inspirational Sir.
Haha. Cheers Brian! George is a family friend we’ve known for many years now. Us aussies gotta stick together haha.
I know his story..could have had a great run but got terrible management personal advise.
Brand new to the business and I am excited!! What would a 4 bay self serve lease look like monthly? in your experience will landlords sign 5 years? This wash just needs some TLC and maybe a new coin/cc system. Im super psyched.
That was super helpful! I dont think I can start one now. I
Thank you for the content. I'm looking into buying a car wash too. Once you have stabilized the property how much would you estimate that you spend a month on repairs and replacing items that break/ wear out? It seems like this is fairly labor intensive. I'm guessing someone needs to go by daily to check on things and empty trash etc. The ones I'm looking at are in smaller towns and we get cold weather here Ohio, thanks
Hey brother love your videos iam new to your content but I love it . Very informative and love how you get to the point t and don't over explain pointless unnecessary information like many others do .. just wanted to mention we got the same name except mine is Chris adkins not Atkins but they literally are almost pronounced the same I could use your blueprint fobaddem ha ha lol jk well just wanted to give you a shout out and keep doing you brother and keep make these awsome very informative information for any new car wash business owner they can really use the info to be successful..
Well done Chris .
Thank you Peter!
That’s cool, had no idea you were in WWE what an experience that was huh
Definitely an awesome experience I’ll never forget.
@@CarWashChronicles how do you go about finding a car wash??
@@CarWashChronicles how much do you make monthly any roughly some people say it’s not worth investing in it can you please guide me through. I am 20 have always been interested in this business
That’s crazy. That’s my fav. Car wash here in Hesperia 🔥🤟🏼 I go there all the time ✅
Hell yeah! Much appreciated!
Great content! Just subbed
Thanks so much!
Great info brother
Thank you. Much appreciated
Great video 👍🏻 my goal is to own a few car washes one day very soon! 🙏🏻
Thank you! For sure. Go get em man
Thanks for the great video mate! Quick question, did you finance any of the 50k through something like equipment loans or was it all cash?
Cash
That is the car wash I go to! You are doing a great job with it man! I wouldn’t say they were closed for four years but let’s just say it wasn’t nearly as good as how you have it now days… I know I would use it once in a while but I stopped because whoever had it last wasn’t taking care of it you know the typical problems a car wash as whenever it sits for a while but I think they were still collecting money because it would work… but maybe they were closed for that long and I just didn’t notice but you are doing a great job!!! If I ever see any problems or anything that could be fixed I will let you know
Thanks so much!! Glad you like it and I plan on keeping it all working great and even upgrades when I can. Much appreciated if you’re there and somethings broken I would love to know so I can fix it straight away. And that’s just what I heard from jiffy lube next door and few other customers saying I heard anywhere from 3-5 years. Doesn’t really matter how long anyway. Lol
Love the content! Is there a specific question you ask them to see if they want to rent out the car wash to you?
If I’m understanding it correctly you essentially pay them a royalty for a few years after you acquire the car wash as opposed to getting a loan and buying the whole thing outright?
Thank you!
I usually ask if they’d be willing to lease it as long as they own the land and no longer want to run the business. Usually a 20 year lease is good
Chris-do you recall the type of paint your contractor used to paint the self service bays? I am planning to paint the bays at my car wash next weekend. I was planning to use Lowes Valspar Duromax 365 flat paint. Thoughts?
Hey Erik. That sounds great. I can’t remember exactly what I used but I got it from Home Depot. I think I just asked for the best durable one and trusted the experts.
Hey Chris, I just wanted to know if I were to lease a car wash that still could function if it would be practical to upgrade and fix stuff along the way? Also, how did you get the 50,000 did you save or do a loan?
Yes absolutely. Any money coming in put back in the business and upgrade over time. Profits should increase over time as you upgrade and customers seeing the improvements
Another good video. Love learning about the business. How should I figure out if the monthly lease price offered by the owner is right and worth it? We’re you able to negotiate the monthly lease price? thank you in advance.
Thank you!! It’s definitely negotiable as everything is. Can look at comparables in the area, the size of the land, if it’s on a main road or back street. These can all come into play. Main st you’d pay more. Back street would be cheaper.
@@CarWashChronicles of course it’s better to pay alittle more and be on main, busy street since you’re more likely to bring in more revenue. Were you able to negotiate and get a more “reasonable” monthly rent price?
Awesome 👌
Thanks James! 👍🏻
That $10,000 a bay
5 bays
$50,000
That sound very fair
I’m was thinking about a car wash business.
Thanks
But I’m thinking we will have a shorter time frame for the business because of winter in NE
You should do a video about your career on being a celeb bodyguard and your time in the WWE. That would be a great video 🤣🤣🤣
Would definitely be something different. Lol
Hi Chris I am in Australia and there appear to be very few if any closed car washes, do you think leasing one that is new for $100k per year is wise, guess I need to do my numbers but hard to know how busy a new site not yet built would be. Thanks Cam
Hey Cam. I noticed the same thing when I was in australia last. Very few closed or even run down ones. Seems to be different mindset there. The amount you pay for leasing is all relevant to how much it could make. If rents 100k buy it’s making 400-500k than it’s not bad. If it’s only making 200k than that’s half the income simply in rent not including other expenses.
Thanks Chris for your reply and feedback. What do you think the best way to know what a site could make me or is that the million dollar question.
How you got the money for buying your first car wash?
A “lease” is not ownership…….. but, good luck with your future projects all the same. Stay safe and well.
New subscriber here, really love your videos, motivates me a lot, thank you.
Cool life story bro, your arms look huge.
Whats your height?
Thanks man and welcome! Much appreciated. Haha. 6’6. Pretty tall I guess
Thoughts about regular car washes that's requires a few employees? Appreciate all the videos and knowledge 🙏.
Thanks so much. I’m guessing you’re talking about full service/ tunnel/hand wash. Im sure they’re all great and I know those tunnel washes make a shitload. Obviously different business model which I may explore into one day
@@CarWashChronicles
Thanks
@@CarWashChronicles
I'm in Orlando and I believe a full service car wash have alot of potential.
Did you finance the 50k or did you have it saved up?
Hey im new here i have a question how much you make it in the first week and first month
How do you know what is a fair price for at least?
I am looking in to the car wash business, but I will have to use the equity on my house. I have never done this before so I am a little scared. How would you go about if you have to use your equity? And how long it takes before a profit can be made? Great video, thank you:
Thank you for your content sir.
Who maintenance your car wash and how often do you maintenance your equipment..
A worker I know does all the maintenance. I put new equipment in a year ago so nothing major has gone down yet. Should be good for a few years.
So after all that how much did you make? How long did it take to get your investment recouped? Also awesome on WwE experience!
About 7 months to get back. Thanks. What an experience it was 👍🏻
What was your profit from that wash in your first year?
How much was the downpayment or security deposit?
Where did you get the initial startup money? Bank loan? Family? Savings?
Savings
i have a question im 22 yrs old and i have 25 k in the bank account saved what do i do with it ? can i start a car wash w/ that amount or i need to save more .... The real question is if you was in my shoes what will you do with 25k ?
First of all congratulations! You’re way ahead of the game already. You can definitely get started with that in the car wash business. I would find one closed down and just straight leasing it. Hopefully it still has working motors and other working equipment so minimal spending is required. Then any profits you make in the first 6 months reinvest back into the business. Just need to get out there and find them closed down car wash deals
Thank you for the info, great video! Also, stay away from my wife and any future partners I may have . That accent taking all the ladies lol
How many car wash customers do you get per day per bay?
How much money does that first car wash make a month?
Love the videos. How did you acquire the $50,000 to get it up and running? Was it saved cash, credit card, or a loan?
Pleased get back to us… thanks
Hey buddy just curious what does it bring in yearly because me and my wife are looking to get into the business and I’m not sure if it’s worth it
It’s only worth but if you’re going to run it at the best it can be to get the most revenue out of it as possible. If someone thinks they can buy one and forget about it then probably not worth it
So did you purchase the car wash from the owner and leased the property? Or are you just running the car wash as a manger of sort? Thank you for your response in advance.
I own the car wash business. Lease the property
Love the video, however what if you don't have 30-50k just laying around is this still possible?
You’ll have to get creative for financing. Find where you can come up with enough to get started
Thanks for the video. So the question I have is how did you acquire the car wash for free?
Through a lease. $0 purchase price. Just start paying rent every month.
After you sign for a 20 year lease are you able to purchase the whole property early? Or just renew the lease after the 20 years?
You can purchase the property anytime if the landlord is willing to sell. If you have options like 4x5 year options then if they decide to sell the land you have the first right of refusal which means you have first dips to buy it
@@CarWashChronicles thank you!
So what website did you say u get your equipments? I found one attached to a gas station and was completely emptied only the building was there 😄. So i plan on talking to the manager of the gas station
Kleen rite is the company. That’s awesome. Closed down. The way I like it
@@CarWashChronicles thank you ill let you know how it goes
@@bdrronaldo8512 how’d it go?
And just out of curiosity what's a good range for the rental amount? ?
Varies from location. State, busy main road or quiet back street, how many bays. $1k per month up to 10k plus.
How much time it took you from signing the contract with the owner to first client?)
About 6 weeks. But that was only working on the weekends. So about 12 days working in total.
A car wash station in America make nearly $5000 a day plus collect all kind of car electronic signal and weak strong point
When you say they wanted Top Dollar, what are we talking? 400k, 750k, more?
At what pointing this video do we get the answer to the title?
do you buy any of the buildings or just lease?
Lease
Hey brother! Would you think leasing or buying the car wash is easier? And which is better?
You mean purchasing the land? That’s always the ultimate goal to acquire the land with the car wash. But if you’re buying a car wash and not the land you still have a landlord to pay rent to so it’s the same thing as leasing. Leasing without the purchase price is what I do.
@@CarWashChronicles oh I see! Thank you for the quick reply! Super inspired by your videos!
Sounds like more than 50k to start and all that work on something you are renting ? Then you make it sound so easy but at the same time list over 100 steps to get it up and running. Have you turned a profit yet ?
🤣🤣 No. it’s a failing business. I wouldn’t recommend it. 👍🏻
Very very inspiring and motivating video. I would love to start car wash business in US but currently i am in Norway on study permit. I dont know how to enter US with business idea like this. Any help in this regard would be highly appreciated.
Thank you for the kind words. Sorry but I don’t have any expertise in that area. But happy to answer any car wash related questions
How much was that security deposit or does it every 🤔?
10k one time payment to get in.
Did you have to get a loan to purchase all the equipment?
No
How much was the rent?
Hey I really wanna own a car wash as well and I know it’s good in my area , but I don’t have have the funds to start it , so how can I start
Partner with someone, look at loans, seller financing.
Don’t you think you should do this as a loan instead so you can make equity?
How?
Where did you get your air dryers?
Kleen rite
@@CarWashChronicles Thanks, that’s probably Air Logic IBB-220 Autodry ? Does it blow strong enough? Any thoughts on Mosmatic Dry ?
So about $50k to remodel the car wash and what about everything the city required how much was all that?
Business license was about $200
What i got from this video is that have an uncle who already owes a car wash, and have a tone of cash to spend renovating.
Others without the guidance find a way to make it happen. Beats making excuses right because we can’t do both 👍🏻
i have a question... 1: how much money do you make a month of off this car wash and my second question is can you send someone to collect the money from the carwash or do you have to do it yourself, i wonder because if you have a lot of car washes you cant tend to all of them and that's why i ask
I did a video on how much it makes so worth checking that out. If you trust that person with your cash then you can. No trust then no.
@@CarWashChronicles thnks man just subbed
What is the average ration of gross revenue to net profit after debt service on an average??
Don’t have debt service. Bought the new equipment outright
Am not bored i Want more information lol
Haha. Good.
You lived in L.A. and your carwash was in Hesperia? That's a long ways off. Windy all the time. Maybe that helps cars get dirty.
How do you get a 50k loan?
I had no idea how tall you are (nor how short Wahlberg is) until I saw that photo of you two. LOL I’m guessing you’re around 6’4”?
I must be crouching down to his height lol. 6’6
Did you self fund the rehab or ask for a loan?
Self fund
Did you pay cash for everything or loans?
No loans
I’m going to use my flex here saying I personally know Shane haste. Now that I dropped the dime, i really want to buy a car wash. I need help
Would 500,000 be a good purchase price on a car wash that can bring in revenue of $100,000 and up fully functional but may need 15,000 in updates?
Does that include the land. If it’s just for the car wash I would consider that pretty high.
Aaand when we start having Draughts...?
Like we have been for the last 50 years
How much would it cost to build a car wash
A lot lol. City plans and permits are expensive. Also construction of the Clarifiers and underground work would be expensive. Hard to say because I’ve never done it but from what I’ve researched would be a rough guess off 500k just for the car wash business.
Do you need an LLC?
How much rent abatement did you get?
Just the first month to give me time to build it up.
@@CarWashChronicles I think you should have gotten more if it took you longer to fix it up.
was the 50k personal savings or was that a loan? idk anyone to have a saving of 50k to use like that
Savings. Good to surround yourself with people who are in positions you one day desire to be in. I still to this day get to know people with a lot more than I have.
@@CarWashChronicles guess i have about 5 years to go before i have the captiol to do something like this
Did you get a loan for it ? Or used your own money ?
Had some savings so used that. No loan
Did you just have 50k layin around or did you get a loan for it.
No loan. Just savings
Jeez thats badass!
Wait.. lol this guy was a bodyguard for Dwayne Johnson and Jason Statham??! Lol what a brute!
I did my fair share of bodyguarding.
So basically go broke before you start seeing some money and hope everything work's out! Nice 🤙
Cities love when good and honest people start businesses and are successful at them. It can create jobs, and helps produce taxes for the city.
That’s right 😃🙌🏻
So how much you earn in first month from car wash ??
First month open only brought in about $2800. Didn’t take long for the word to spread it was the best in the area
I'm 4 minutes in, and he hasn't actually talked about car washes yet.
Doesn’t it make more sense to buy the car wash and not pay rent?
Even if I pay a “purchase price” for the car wash and I’m not buying the land I still need to pay rent to the owner of the land regardless.
not a question but i just want to say you are a handsome man.
Thank you
so how u got your green card