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Anyone know anything about investing in a Car Wash ?
My son-in-law lives in a rapidly growing area near DC.
Building homes so fast as to make your head spin, but in the area, there are no car washes.
He thinks this may be a good investment; only problem is the high cost of real estate. * Anyone have any ideas or thoughts ?
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I don't know what the numbers are on expected return from Car Washes, but I do like the idea of them.
He will have the important security of owning the real estate (land). It is an appealing idea, depending on the location and price of the land.
One of the biggest mistakes one can make in a retail type business is not to own the real estate.
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