ilmscore | I BOUGHT A CAR WASH: Will It Make Me Rich?

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Prediction
Topic
Status
Subscription-based car wash models are predicted to be highly successful, generating consistent revenue regardless of usage or weather.
"subscriptionbased models are wonderful. It's like owning your own private version of Netflix where you're getting 20 30 bucks a month from everybody whether it rains or shines, whether they show up or not."
Subscription car wash models
Pending
A new car wash being built nearby is expected to cause a 20-30% loss in business, similar to a previous experience with a large private equity car wash.
"They're building a car wash 2 mi up the road from our other one. Now, when they built the gigantic private equity tunnel here in Circleville, this car wash lost about 20 to 30% of its business."
New car wash competition
Pending