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Car wash investing: 10 most tragic misconceptions

from Auto Laundry News

Each year, Anthony Analetto approached by hundreds of potential new investors looking to start a career in car washing. He understands their attraction to a real-estate business with no inventory. He understands their excitement about an industry not dominated by large chains or franchises. What confuses him, however, is how many of them insist on underestimating the complexity of actually building and running a car wash business. For whatever reason, otherwise savvy business people with no car washing experience suddenly envision themselves installing their own equipment with an enthusiastic attitude of "how hard can it be?" Any industry veteran can tell you that succeeding in this industry requires a level of effort, persistence, and passion few are prepared for. more

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