ilmscore | How Much $$ Does it Cost to Buy a Carwash?

How Much $$ Does it Cost to Buy a Carwash?

Published: 2024-04-03
Status: Available | Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Topic
Status
A top-tier car wash business can generate $10 million in annual profit.
"the best one I've ever run into was making $10 million every year actual profit"
Car Wash Business Profitability
Pending
It is possible to acquire a car wash business for $250,000 - $350,000 by utilizing SBA 504 or 7A loans, with veterans potentially receiving better terms on the 7A loan.
"you can buy is a cheaper car wash for about $250,000 to $350,000 and borrow the money from the federal government by the way of an SBA 504 loan or the 7A if you're a veteran"
Car Wash Business Acquisition
Pending
Cheaper car washes can be purchased for $250,000 to $350,000.
"you can buy is a cheaper car wash for about $250 to $350,000"
Car Wash Purchase Price
Pending
A 10% down payment is required for a car wash acquisition, equating to $25,000 - $35,000.
"you only need to put 10% down which is pretty nice so now you only need $25 to $35,000 down for a car wash"
Car Wash Business Down Payment
Pending
A 10% down payment is required for purchasing a car wash.
"you only need to put 10% down"
Car Wash Down Payment
Pending
The down payment for a car wash is between $25,000 and $35,000.
"so now you only need $25 to $35,000 down for a car wash"
Car Wash Down Payment Amount
Pending