Automated Car Wash
Currently our company is purchasing a distressed car wash in our local market. This is a swing for us as its a turn on the investment real estate game as the business is being purchased with the real estate. Subject to the environmental on the property coming in clean the deal appears to be more than likely to happen.
I am looking for any advice and recommendations from anyone whom has purchased, operated worked on etc. an automated car wash.
A little about the property, currently there are 4 self serve bays and a Automated Laser Wash. The traffic count on the road is more than adequate as its a 4 lane thorough fair into the City. It currently doesn't have a sign that is visible to the majority of traffic (Application in process), Lighting is inadequate (Need to add and have it be as energy efficient as possible), Also the majority of the bays could use a fresh coat of paint and scrubbing.
Thanks