ilmscore | Passive Income NIGHTMARE - My Carwash Is RUNNING OUT OF $$$

Predictions from this Video

Total: 10
Correct: 0
Incorrect: 0
Pending: 10
Unrated: 0
Prediction
Topic
Status
Express car washes with subscription models will go bankrupt if employees do not actively charge for subscriptions.
"if those employees are not actively charging for subscriptions they will go bankrupt"
Car Wash Subscriptions
Pending
Car washes selling car detailing products in their vending machines can increase sales by $500 to $1,000 per month.
"they're selling extra $500 to ,000 worth of vending products because they start selling car detailing products"
Car Wash Vending
Pending
Customers are more likely to be deterred from using a car wash due to a lack of free vacuums than due to potholes in the parking lot.
"Very few people come to the car wash and say I'm never using it again because there's a pothole there but there's a lot of people that would say to themselves I'll come to the car wash and use it because I know that I can get a free vacuum"
Car Wash Parking Lot Maintenance
Pending
A $5,000 booster pump is being considered to increase spot-free water production at the car wash.
"$5,000 booster pump that Aaron wants to get so that we can make more spotfree water"
Car Wash Equipment Investment
Pending
Building a church parking lot in dry weather resulted in a $70,000 saving on the project.
"they did it in such dry weather that uh they were able to save 70 grand on the parking lot"
Car Wash Parking Lot Repair
Pending
Each positive Google review for the car wash is projected to generate approximately $100 in additional income over the following three months.
"each positive review will generate about $100 an extra income for us over the next three months"
Car Wash Google Reviews
Pending
Adding credit card readers to 30 machines at $500 each, totaling $15,000, can generate two months' worth of revenue at a laundromat, implying a significant return on investment.
"Adding credit cards to our car wash was absolutely wonderful they $3 to $500 a piece so if I have 30 machines at $500 a piece is $115,000 two months worth worth of Revenue at my laund m"
Credit Card Reader ROI
Pending
Investing $6,200 in credit card readers for two car wash locations recouped the cost within six months.
"we spent $6,200 between two locations which is half of the the laundermat and we made that money back within 6 months"
Car Wash Equipment Investment
Pending
New coin acceptors that hold four times more coins than previous ones were implemented due to efficiency gains.
"we go to these they hold four times more so that's why we made that decision"
Car Wash Coin Acceptors
Pending
The car wash switched from quarters to new coin acceptors that hold significantly more due to the frequency of needing to replenish quarters.
"we switched to these cuz on a day like today I have to switch the quarters out two or three times like I have to go and recycle quarters cuz our machines only hold a very limited amount of quarters"
Car Wash Coin Acceptors
Pending