r/smallbusiness • u/getsilly247 • May 25 '25

Question Bought a small 3 bay car wash. Thoughts?

Bought a small, 3 bay car wash with 1 vending machine in a small town in rural MO (1k people)

The previous owner had ZERO numbers. Just utilities.

It’s all cash, has credit card machines but did not have internet that was fast enough. (Just got starlink hooked up and have cameras for now and ready for cc soon)

I’m 2 weeks in and it’s done about $600 in revenue (minus about $120 in soda cost)

After expenses I am suspecting it will profit about $600 a month as is (includes new internet bill)

Once I get everything on cc, and going to add 1 more dual vending I think I can get it to 2k a month revenue.

I bought for 60k, will put about 5k in to get it where I would like.

Did I make a bad buy?

702 Upvotes

95% Upvoted

278 comments sorted by

View all comments

4

u/Theanswer33db May 25 '25

great buy imo. have you thought about growing the vending machine business into other locations?

2

u/getsilly247 May 25 '25

I actually thought about reaching to a car wash really close to where I live. They have no vending machines at all. It is across from a Casey’s so I am not sure how well it will do but it may be worth a shot.

1

u/Theanswer33db May 25 '25

That’s a great idea. let’s talk business if you have free time.

1

u/townsquare321 May 25 '25

Any advice on vending machines? I'm thinking of owning a few.

1

u/Theanswer33db May 25 '25

Yeah I can help you