🔥 Express car wash in Anchorage reporting $2.6–$3.0M/year in revenue and operating year‑round.
– Land cost reported: ~$1M+; total build cost later referenced as ~$12M (figures vary).
🏎️ Throughput and speed: tunnel capacity up to 2,000 cars/day, typical 500–600/day, with 2–3 minute wash cycles.
– Wash quality cited as superior to competitors’ tunnels.
💳 Pricing and membership: membership tiers reported ~$39–$70/month, with a $32 one‑time wash option and a top tier at $69.99.
– Average visit frequency ~once per week, with some daily users.
🤖 Automation and access: license‑plate recognition and app integration enable two contactless lanes for automatic entry.
– Onsite staffing is reduced but the location reports ~12 full‑time employees with 2–3 per shift; open 365 days but not 24/7.
📈 Financials and margins: reported operating margins ~50–55%, implying ~$100–$110k/month net at the stated revenue before debt service.
– Specific debt service and net owner distributions were not disclosed.
🤝 Deal structure and capital: owner (Max) entered via a partnership and raised capital from a community/mastermind, exchanging equity for investor capital.
– Reported equity split: project investors + Max received 30% total; Max’s estimated share ~10%, translating to ~$10k/month per location for Max without personal capital.
🧩 Market and scale: model presented as scalable and recurring‑revenue driven, with a claimed market need of ~30,000 additional US car washes on top of ~60,000 existing locations.
– Express/luxury automated formats positioned as growth segment.
⚠️ Operational risk: primary challenge identified is hiring and retaining reliable employees for staffed locations.
– Fully automated/zero‑employee models presented as a lower‑labor alternative with different cost profiles.
🧾 Tax and exit considerations: owners cite bonus depreciation and tax benefits as additional financial advantages.
– No detailed exit strategy, valuation metrics, or audited financials provided.
If you have a potential car wash opportunity send us the details to pchomeexp@gmail.com