Have an interest in a side hustle and some capital to play with? Have you considered the Car Washing business?
If so, Kriss Berg, The Car Wash Guy, has got some tips for you.
After many failed attempts in the storage business, Kriss decided to buy a car wash business that was underperforming due to lack of attention and upgrades from the previous owners.
Small but significant tweaks ranging from adding it to Google Maps to changing the attitude of attendants to focus more on customer experience was all it took to grow revenue and profits by 70% in 6 months, providing a very high return on investment.
Join Mark, Bobby, and Kriss on this episode of The Good Endeavor Show to learn more about car washes, their tax benefits, how to recoup your investment quickly, and more.
Topics Covered:
03:23 The Car Wash Guy Intro
05:20 Are car washes being overbuilt?
08:06 Is a Car Washing business really passive?
13:01 Car Wash software options
15:49 IRS Tax benefits for a Car Wash business
18:06 Why Car Washes are such a great investment
23:07 Tips for your business
And more!
Connect with the Car Wash Guy
- Twitter/ X : https://twitter.com/KrissBergTweets
- Email: [email protected]
- Online Course: www.TaxFreeCashCow.com
Connect with Bobby Herrington:
- Instagram: @bherringtonruns
- Website: www.205endurance.com
- Facebook: https://www.facebook.com/bobby.herrington.792
Connect with Mark McDaniel:
- Website - https://staysimpli.com/
- Instagram - https://www.instagram.com/staysimpli/
- Facebook - https://www.facebook.com/people/Staysimpli/100088214988017/
- Twitter - https://twitter.com/staysimpli
- TikTok - https://www.tiktok.com/@staysimpli