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Makeover: Budgeting for car wash rehab

from Auto Laundry

It was December 2013. A perfect storm was brewing. I had built my first wash in 2004; it was now nearly 10 years old. An old abandoned wash that I thought no one would ever even consider rehabbing had a new owner and, even though the location was challenging, he was near completion on a rehab that would certainly have an effect on my annual sales volume, though I still had some distinct advantages. This was all happening simultaneous to me being approached by a regional car wash chain that was interested in purchasing my wash. I needed to make some decisions to ensure that I continued to keep my competitive advantage. I started budgeting for upgrades for my nearly 10-year-old three-and-two (three self-serve wand bays and two in-bay-automatic bays) car wash. What happened in the end will surprise most of you. more

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7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063