Buying a 3rd Carwash For $5,000 : Should I?
Published: 2021-11-09
Status:
Available
|
Analyzed
Published: 2021-11-09
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Equipment for a new car wash could have been acquired for $3,000-$5,000 with salvage rights.
"we could have got for between three and five thousand dollars and essentially salvage rights for our car wash"
Pending
Used car wash equipment, acquired for a low price, was estimated to be worth $50,000-$75,000 to a potential buyer.
"even in the used state of all this equipment it's still worth probably 50 000 maybe 75 000 to somebody that currently operates a car wash or desires to start one in the near future"
Pending
Expanding the car wash business with new equipment is projected to cost $250,000, involving increased debt, risk, and potential reward.
"it's going to be another quarter of a million dollar investment which represents potentially more debt and more risk but also more reward"
Pending
Sales are increasing at the car wash location with new equipment, leading to confidence in the investment.
"as time goes on our sales are going up at the location with the new equipment and we're feeling pretty comfortable about the fact that we spent so much money on the machine"
Pending
The speaker estimates that the salvaged car wash equipment could be used to build a new car wash for $25,000-$35,000, or to upgrade existing locations.
"the equipment here could have represented a huge value for us to either rebuild our current locations or just get a cheap 25 000 maybe 35 000 car wash somewhere that we currently don't have a location"
Pending
The speaker estimates the used car wash equipment from the abandoned location to be worth $50,000-$75,000 for someone looking to start or expand a car wash business.
"even in the used state of all this equipment it's still worth probably 50 000 maybe 75 000 to somebody that currently operates a car wash or desires to start one in the near future"
Pending
Investing in new car wash equipment for another location is projected to generate significant profit but will require a $250,000 investment.
"if we get new equipment like we do at the other location we'll make a ton of money but it's going to be another quarter of a million dollar investment"
Pending
The speaker believes the salvaged equipment from the $3-5k car wash deal could have been used to build a new car wash for $25k-$35k.
"the equipment here could have represented a huge value for us to either rebuild our current locations or just get a cheap 25 000 maybe 35 000 car wash somewhere that we currently don't have a location"
Pending
The speaker has reached one million YouTube subscribers and has plans for upcoming content.
"i hit a million subscribers and because of that i've got some really cool stuff planned in the near future"
Pending
The speaker estimates the used equipment from the abandoned car wash deal is worth $50,000-$75,000 to a potential buyer.
"even in the used state of all this equipment it's still worth probably 50 000 maybe 75 000 to somebody that currently operates a car wash or desires to start one in the near future"
Pending
Investing in new car wash equipment is estimated to cost $250,000, with increased debt, risk, and reward.
"it's going to be another quarter of a million dollar investment which represents potentially more debt and more risk but also more reward"
Pending
The speaker plans to release new content due to reaching one million YouTube subscribers.
"i hit a million subscribers and because of that i've got some really cool stuff planned in the near future"
Pending