ilmscore | Car Wash Investment Return Predictions
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A car wash purchased for $1 million, with an estimated annual profit of $67,000 (a 6.72% return), would be cash flow negative if financed at a 7% interest rate, making it an unprofitable business acquisition under these conditions.
"if we take a look at that we divide it by a one million dollar purchase price it's a 6.72 return whi..."
Nov 13, 2022
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