ilmscore | Who Tried To Destroy My Carwash AGAIN?

Who Tried To Destroy My Carwash AGAIN?

Published: 2021-10-05
Status: Available | Analyzed

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
The car wash has been operating without breakdowns for approximately a week, having serviced around 100 cars trouble-free.
"we have not had a breakdown in the past week or so and we've watched maybe a hundred cars that are relatively trouble free"
Car Wash Operations
Pending
The business aims to reduce costs and boost cash flow by manufacturing their own car wash soap.
"it's our hope by implementing a great manufacturing our own soap program that will be able to decrease our cost and ultimately boost our cash flow at the end of the month"
Car Wash Chemical Costs
Pending
A successful 'soap hack' (making their own soap) could lead to a $73,000 increase in business value due to an estimated $20 daily increase in cash flow, compounded by a 10x cap rate.
"if the soap hack pans out we could see a 20 a day difference which would be 7 300 a year in cash flow multiply that by a 10 times cap rate and it's really a 73 000 tweak we're making to our system"
Business Value Appreciation
Pending
Car washes and laundromats have the potential to outperform the stock market by approximately three times due to the implementation of systems, processes, and continuous improvement, with compounding effects.
"it's also why these kinds of businesses can greatly exceed the stock market because you have to implement systems and processes and find ways to improve your business and the effects compound by an insane amount and with proper plans procedures this is why car washes and laundromats can exceed the stock market by about three times"
Business Performance Comparison
Pending
Water usage in car washes has been reduced by 50%, shifting the primary cost from water to soap for washing cars.
"we've decreased our water usage here in this car wash bay and the other car wash base by about 50 since we took over ownership of the two car washes though we've traded water being our primary cost now to soap being our primary cost to wash a car"
Car Wash Operations
Pending
A $1 per day increase in cash flow in a car wash business can add $3,650 in business value at a 10 cap rate.
"if we can produce one dollar a day in extra cash flow our bottom line multiply that number by 365 days a year we'll make an extra 365 dollars if the business sells in the future or we cash out refi it at a 10 cap rate that means that our one dollar a day tweak is going to produce 3 650 in value towards our business"
Car Wash Business Value
Pending
Implementing a successful 'soap hack' that generates an extra $20 per day could add $73,000 in business value at a 10 cap rate.
"if the soap hack pans out we could see a 20 a day difference which would be 7 300 a year in cash flow multiply that by a 10 times cap rate and it's really a 73 000 tweak we're making to our system"
Car Wash Business Value
Pending
Car washes and laundromats have the potential to outperform the stock market by approximately three times due to system implementation, process improvement, and compounding effects.
"it's also why these kinds of businesses can greatly exceed the stock market because you have to implement systems and processes and find ways to improve your business and the effects compound by an insane amount and with proper plans procedures this is why car washes and laundromats can exceed the stock market by about three times"
Business Performance Comparison
Pending