Get Rich Education

415: Car Wash Cashflow with Dave Zook

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Synopsis

Car washes can be remarkably lucrative. This is enhanced with a franchise model and selling subscriptions to car wash customers. “There is no other operation on a 1-acre site that can do 1 million to 2.5 million in sales and pocket half of that.” -WSJ story Like other real estate, a car wash location is vital. Much like apartment buildings, car washes are valued based on their income stream amount. You can participate yourself. Start here: https://gremarketplace.com/carwash. Must be accredited, minimum $100K investment. Tommy’s Car Wash is an innovative franchise. Customers use a mobile app. Only Panera Bread and Chick-fil-A have higher sales revenue per location. (Wow!) Car washes have high cash flow and tax efficiency. Pro forma returns for individual investors like you have a 1.75x return on investment in five years or less. There is 100% bonus depreciation in year one.  Learn more and get started at: https://gremarketplace.com/carwash Resources mentioned: Show Notes: www.GetRichEducation.com/415 Get start