ABSOLUTE BEST Way to Get a Carwash in 2024

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Here's how to find, finance, and run your very first carwash.

0:00 - Intro
0:48 - How To Find A Location
2:45 - How To Find A Bank
3:42 - How to get a government Loan (7a & 504)
5:28 - How Seller Financing Works
7:38 - How Master Leasing & Options Work
9:19 - How to find an investor
10:28 - Financing Comparison Rundown
12:53 - You've got a carwash, now what?

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I'm in the process of launching my own vending route, and I've used Brandon's advice more times than I can count already. I'm probably around a month from getting my machines placed, but I'm sure I'll continue to come back here for more advice, and eventually, I'd love to bring on more entrepreneurs as contractors, but in the process of them working for me in that capacity, I'm also coaching and mentoring them to be able to either lease-to-own their own machines, or walk away and pursue another industry. Either way, they are working for themselves, which is the goal of entrepreneurship

Ackatizzle
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I worked out a deal for a vending route with 30 accounts and 75 machines with only $500 a month, nothing down and zero interest.

Not bad, 🤔 huh?

geminivending
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I have a disabled daughter and disabled my self i wish i could do this and own a car wash

Theslotplayer
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Brandon, I've clicked on both the links to your boot camps, but they take you to your Laundromat boot camps and not the car wash boot camps.

Great video and keep up the spot on content.

UKGoldPanningAdventures
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Any advice on investing in small businesses. Like I want to invest in a couple of bakeries in my home town.

Beymaster
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The newer big automated car washes are taking over in my area.. the old school ones get very little traffic.

wackerman
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Very good advice. However, the down payment for SBA loan will vary. Really depends on how comfortable the lender is. Most are going to want 20-25% down.

Just closed on a self serve with the property. We ended up at 22% down on the SBA backed loan with a 25 year term.

liquiddawn
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So all you need is a big Allen key to open those???

nopenope
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You should do a collab video with Ben Mallah some time

patrickr
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I just wish i was not on the verge of being evicted from my house so i could buy a car wash

Theslotplayer
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Also keep in mind that the investor club is also good for networking :P

dennisoestermann
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How do you make contact with an owner? All I know is the owners name and home address.

MJBclassics
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If you want another car wash I have a friend who is selling one. Are you interested?

michelerok
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Don't know why my comment keeps getting deleted

Theslotplayer