I bought SECOND carwash, here's the $$ IT MAKES

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  • Опубликовано: 21 ноя 2024

Комментарии • 1,4 тыс.

  • @InvestmentJoy
    @InvestmentJoy  3 года назад +192

    TWO CARWASHES, and the 3rd business to be revealed Saturday, Reminder we bought these all with low money down, no credit through a purchase money mortgage. If you'd like to learn how those work and how to finance a deal similar to this yourself, take a look at InvestmentJoy.com/course

    • @The2008ktm450
      @The2008ktm450 3 года назад +5

      This was exactly the question I was going to ask. I’ve been looking for years and can never find any local to me. Except the one on south court street which sold to a pizza place.

    • @InvestmentJoy
      @InvestmentJoy  3 года назад +4

      How many owners did you talk to?

    • @imcarlosjr4898
      @imcarlosjr4898 3 года назад

      Where do you start?

    • @InvestmentJoy
      @InvestmentJoy  3 года назад +3

      Start a small business like Flipping yards ale stuff

    • @The2008ktm450
      @The2008ktm450 3 года назад

      @@InvestmentJoy I’ve never done that. I’ve always just tried to find listings.

  • @ravenlorans
    @ravenlorans 3 года назад +788

    Put in a Vending Machine that Sells Air Fresheners and Other Useless Knickknacks for the car.

    • @InvestmentJoy
      @InvestmentJoy  3 года назад +224

      We do, just havent shown em yet

    • @Mike-bo1oj
      @Mike-bo1oj 3 года назад +51

      @@InvestmentJoy i would offer a handwash mitt and dry towels if you can put it in a vending machine.

    • @iDayVids
      @iDayVids 3 года назад +14

      @@Mike-bo1oj thatd be great. In like little 3 packs of micro fibers and like a small coke can size container that can fit a wash mit

    • @livingwithliz4
      @livingwithliz4 3 года назад +11

      pattern. Fill it with car cleaning products that are cheaper then dollar general.. like that guy who sold the cheapest pop did.

    • @JstAnotherUTuber
      @JstAnotherUTuber 3 года назад

      “Useless”
      Lol!!!

  • @AtHomeWithCJ
    @AtHomeWithCJ 3 года назад +605

    NEVER NEVER NEVER COLLECT AT NIGHT. Day time only and make sure you have cams pointing in all directions just in case CONGRATS

    • @el_covfefe
      @el_covfefe 3 года назад +19

      Or hire security

    • @yayger825
      @yayger825 3 года назад +32

      The freaks come out at night. I use to drive during the night time, some weird people at that time of day

    • @Jairmyster
      @Jairmyster 3 года назад +6

      @@yayger825 how is it day if it’s night?

    • @LiLBitsDK
      @LiLBitsDK 3 года назад +16

      ^^ THIS and never go at the same time every time... vary it quite a bit

    • @zchats
      @zchats 3 года назад +10

      You really don’t want that much money sitting in the machines overnight though. I suppose it’s better to have your machine robbed than be shot or stabbed for it though.

  • @FARecordsJF
    @FARecordsJF 3 года назад +495

    Be careful brother. The way the internet works, people find out everything and you could be an easy target. You're too nice a guy to be taken advantage of; I saw a couple comments recommending firearm protection and having another person with ya.

    • @joelbruck66
      @joelbruck66 3 года назад +43

      If you’ve seen his trailer park videos you know he probably carries when he goes.

    • @TheKetchupPacket
      @TheKetchupPacket 3 года назад +5

      Dud I was thinking the same thing.

    • @PrecisionCSGO
      @PrecisionCSGO 3 года назад +10

      He does carry one

    • @FARecordsJF
      @FARecordsJF 3 года назад +5

      @@joelbruck66 I haven't, I watch him sporadically. But that's good.

    • @underachieveruno
      @underachieveruno 3 года назад +4

      For sure he needs to carry if he isn’t and he should leave the kids at home

  • @steveninman2706
    @steveninman2706 3 года назад +99

    i would personally have two adults go with when collecting. both packing some heat just in case.

    • @Aspen910
      @Aspen910 3 года назад +9

      That costs money. If he has cameras, and his own gun, he’s good. I’m sure he has some insurance

    • @baejunsik4305
      @baejunsik4305 3 года назад +6

      The most american comment here

    • @steveninman2706
      @steveninman2706 3 года назад +4

      I mean, if you have ever been jumped and beat over a 20 note you might think twice. I'd at least have someone else with that can help or at least get help.

    • @789syrus789
      @789syrus789 3 года назад

      I got my cousin

  • @joelorr1736
    @joelorr1736 3 года назад +123

    Rule #1, don't go to your locations for pick ups at the same time, same days....either bring someone with you or get a carry permit. Or both....either way, be safe

    • @mariayelruh
      @mariayelruh 3 года назад +2

      I agree about different times and different routes leaving.

    • @PedroBorgesNH
      @PedroBorgesNH 3 года назад +14

      If i'm not mistaken, he already carries a piece with him, specially after the trailerpark

    • @notsure9079
      @notsure9079 3 года назад +5

      he is packing heat, see other videos of mobile home park

    • @rollover36
      @rollover36 3 года назад +2

      He carries a gun

  • @ingridsitems
    @ingridsitems 3 года назад +181

    My husband is built like a wrestler, and he would be carrying when we did a cash collection.

    • @jaybella4793
      @jaybella4793 3 года назад

      Mhmmmmmmmmmmmmm.

    • @Mattys556
      @Mattys556 3 года назад +2

      100%. Smart man

    • @akui88
      @akui88 3 года назад +31

      i do collections for my parents, i dress like a bum, drive a beater honda and i vary the times i collected.
      if i see something off, i just move on and come back later or the next day.
      always be vigilant...

    • @thatsilverxj7874
      @thatsilverxj7874 3 года назад +16

      @@akui88 in order to think like the bum, one must become the bum

    • @iMadrid11
      @iMadrid11 3 года назад +16

      @@thatsilverxj7874 My retired mother used to work in bank. She had a client who dresses like an old lady armed with a shopping bag. That rode the bus on the way to the bank. To deposit bundles of cash tucked inside her shopping bag. Her disguise is smart since the bank is located right next to a public market.

  • @danielmarino1829
    @danielmarino1829 3 года назад +32

    I think it would be really interesting if one time you did a monthly round up explaining the income versus expenses of either one business or a group like the laundromats. Since while it is interesting getting to see them in bits in pieces as we do now. I would love to see how those pieces come together over a set period of time.

  • @EvolGamor
    @EvolGamor 3 года назад +57

    I freaking knew it. Car washes can gross a lot of money. The location I manage does like 130k/ GP a month. Express wash, free self serve vacs.

    • @Chicagoguy
      @Chicagoguy 3 года назад +7

      Surprisingly high gross yes especially after thaws or bad weather. But the net profit overtime is the tricky part. The equipment costs can be extremely high so you have to budget for long term replacement costs and insurance. Add in taxes salaries for a good maintenance guy. The margin shrinks fast. Bottom line car washes rarely bring in huge bottom line profit figures but if maintained well and if in a good location they are likely to stay at a safe positive cash flow. Most go under because of bad management or major damage with inadequate capital or insurance to get back up.

    • @Rolexenforcer
      @Rolexenforcer 3 года назад +2

      @@Chicagoguy you forgot one important thing, the cost of water. I own a laundromat and I pay between $7- $8,000 every 3 months in water alone. If he's running well water, he'll save a ton of money but I doubt it's well water because of the sheer volume the car wash would need.

    • @daved8551
      @daved8551 3 года назад

      @@Rolexenforcer there's no cost of water where I live... its municipal water. No water tax, no water bill. Theres lots of car washes in my town - like 8 of them, which is an obscene number because its a very small town lol.

    • @MycolMushington
      @MycolMushington 3 года назад +1

      @@Chicagoguy This is mostly true. I've managed multiple gas stations within a large chain in the upper mid west. Car washes break down constantly. We had dedicated maintenance guy who bounced around between the stores in our city just fixing our washes. Each store's wash was rebuilt every 5-10 years. The company I worked for LOVES the profit from the car washes. While I was there it became a huge focus of theirs. Car wash sales also provided me some super fat bonuses. (24K one year!) Our wash cost averaged $0.63/wash and at $10+/wash, that's insane profit. Keeping them well maintained definitely saves money! Also, an unlimited subscription that bills monthly to the customer's credit card helps a lot too!

    • @OB1SON6493
      @OB1SON6493 3 года назад

      I bet the fan blowers and vacuum hit the electrical bill pretty hard

  • @armchairwarrior963
    @armchairwarrior963 3 года назад +40

    I thought he started to be more like Walter White, but I'm mistaken now he looks like Kingpin!

  • @Chicagoguy
    @Chicagoguy 3 года назад +156

    With the kind of cash flow your having at those locations. It may actually be a situation where you want to have the money picked up more often at least on the weekends and where there is higher volume. I would look into security camera software that can count cars in and outs possibly with license plate scanners. Not only would it give you more data and security but you could just periodically look at it and go oh we had 500 cars pass threw the property it might be time to do a pickup. Also on night cash pickups solo is just a bad idea. Better to shell out 20 or 30 bucks an hour an have someone watch your back. Credit cards really will help though. Its amazing how many people just don't carry cash at all.

    • @carsonmiller9658
      @carsonmiller9658 3 года назад +11

      Or just have a concealed weapon on your person at all times when collecting money

    • @DxBlack
      @DxBlack 3 года назад +2

      @@carsonmiller9658 Just assume that it's legal in OHIO, right? Right?
      And it IS: but why go through all of that for quarters and a good amount of paper when you can have someone else do it for you...
      Less stupid route is not do these things alone; not do them at night; hire professionals.

    • @Shawn-sc5uk
      @Shawn-sc5uk 3 года назад

      Well said, I like your ideas..

    • @Shawn-sc5uk
      @Shawn-sc5uk 3 года назад

      @@carsonmiller9658 and don’t bring the kids but yes I’m all for the weapon. These small towns are the ones that criminals know that people are lazy because they aren’t hip to the big city lifestyle and hoodlums go to small towns to rob people. I’m not a hoodlum or I never have been I just Can Think like other people and I can put myself in other people shoes very easily

    • @techguy3424
      @techguy3424 3 года назад +26

      Could offer free washes to the local PD on a given night of the week and collect your money at that time.

  • @seanguy9720
    @seanguy9720 3 года назад +63

    Be sure to put a big ol "Now Accepting Credit Cards!" sign up so those who drove off are tempted to try again.

    • @bethlola467
      @bethlola467 3 года назад

      Thanks to everyone who posted @bethlola46 on telegram, just received my credit card from him thanks man

  • @doggowpv7825
    @doggowpv7825 3 года назад +25

    Hey. I'm 13 and not sure the direction I want to go in life. Your channel is inspiring me to open stuff like you. Your channel will keep me motivated for the future. Keep going!

    • @Scotty_in_Ohio
      @Scotty_in_Ohio 3 года назад +7

      Heck, I'm almost 52 and don't know what I wanna do in life ;-)

    • @doggowpv7825
      @doggowpv7825 3 года назад +1

      @Openlightstudio Production yes I am

    • @bethlola467
      @bethlola467 3 года назад

      Thanks to everyone who posted @bethlola46 on telegram, just received my credit card from him thanks man

    • @KiNG-tx9je
      @KiNG-tx9je 3 года назад +1

      Invest my son. Rule number one. Save at least 25$ a week more if u can invest in etfs now. Learn at least SOME about the stock market and how to use it. Then look into owning property. Homes parking lots car washes storage space whatever. Rich people work for their money wealthy people let other people pay them. Also wealthy people OWN things. Things that increase in value over time. Oh and KEEP UR CREDIT GOOD

    • @doggowpv7825
      @doggowpv7825 3 года назад

      @@KiNG-tx9je thanks for the advice

  • @dannywilliams7917
    @dannywilliams7917 3 года назад +64

    Concealed carry license my guy. Get one

    • @crazyrobots6565
      @crazyrobots6565 3 года назад +13

      He probably already has one.
      Even if not, Ohio is an open carry state.
      He has mentioned in a previous video that he carries a firearm at least in some circumstances.

    • @Scotty_in_Ohio
      @Scotty_in_Ohio 3 года назад +4

      @@crazyrobots6565 although we're an open carry state it's not a huge deal to get your license - that way you're "legal" when you get in and out of your vehicle. Since he's located down near "Roundtown" (Circleville) owning at least one pistol probably goes without saying...

    • @matthewbradshaw1810
      @matthewbradshaw1810 3 года назад +3

      He has mentioned before another video is that he does have one

    • @KayFabe87
      @KayFabe87 3 года назад

      He already has one and does carry.

    • @bethlola467
      @bethlola467 3 года назад

      Thanks to everyone who posted @bethlola46 on telegram, just received my credit card from him thanks man

  • @Robert-vs4uz
    @Robert-vs4uz 3 года назад +38

    Spend some money and spruce the car washes up. People love to see a business that cares about their property. Simple things like paint and stickers should be pretty cheap to do

  • @smallsbeef
    @smallsbeef 3 года назад +4

    I want to thank you. I have been talking to my dad about buying a car wash every since he started renting a few homes out in a mobile home park. Now I can show him this video

  • @lesliecas2695
    @lesliecas2695 3 года назад +56

    If there are lots of people coming through, it's safer because those people are witnesses. He needs to be wary of showing up to collect when he thinks he's all alone.

    • @seannewton1798
      @seannewton1798 3 года назад

      But they could just be a lot of gang members as well...

    • @lesliecas2695
      @lesliecas2695 3 года назад +1

      @@seannewton1798 True. Brandon needs to get the credit card machine.

    • @jackamelar1455
      @jackamelar1455 3 года назад +1

      Collect the cash between 10AM and Noon when the trouble makers are sleeping.

    • @bethlola467
      @bethlola467 3 года назад

      Thanks to everyone who posted @bethlola46 on telegram, just received my credit card from him thanks man

  • @Mattys556
    @Mattys556 3 года назад +7

    Carry, practice, stay alive. There is no question that being on RUclips and showing the amount of cash could make you a target.
    Love the channel, very rarely to i click the 🔔 for alerts. Stay safe my friend.

  • @WilliamWaiteProductions
    @WilliamWaiteProductions 3 года назад +14

    I would really like to see some info about revenue vs costs and what your actual gross profit is at the end of the day. You should do a video about that if you haven't already planned to.

    • @bethlola467
      @bethlola467 3 года назад

      Thanks to everyone who posted @bethlola46 on telegram, just received my credit card from him thanks man

  • @rollo7710
    @rollo7710 3 года назад +28

    Ive had a retail artisan ice cream shop for almost 5 years and 90% of our transactions are CC, we have got 1 check from a customer this whole time.

    • @jbdragon3295
      @jbdragon3295 3 года назад +3

      Ya, get working CC machines. I don't even carry cash on me. If most of your customers are paying by CC, you'll make more money and have to deal with less cash.

    • @bethlola467
      @bethlola467 3 года назад

      Thanks to everyone who posted @bethlola46 on telegram, just received my credit card from him thanks man

  • @evankolar8957
    @evankolar8957 3 года назад +24

    Out of all that money, how much did you put back into the business? Like water, taxes, etc?

  • @GrittyC13
    @GrittyC13 3 года назад +35

    *wears slayer shirt*
    “We are absolutely slaying at the car wash” 😂🤘

    • @unlink1649
      @unlink1649 3 года назад

      *wears slayer shirt*

  • @andrewblumer7819
    @andrewblumer7819 3 года назад +1

    I love watching these side hustle videos!! It’s great to see another content creator further along in the RUclips journey! Thanks for making this video!

  • @lesliecas2695
    @lesliecas2695 3 года назад +12

    The worse the weather, especially snow and ice, the more people want to wash their vehicles.

    • @drew6094
      @drew6094 3 года назад +1

      I'd imagine the carwash business would slow down during warmer months when there is no snow salt and people can wash their cars at home.

  • @dreadteir
    @dreadteir 3 года назад +1

    Depending on how the credit card thing works out, I'd get a quote from a couple armoured transport services (If they are affordable in your area). Let their employees take the risk, and their insurance cover it if something happens.
    Aside from that, its best to be 'predictably unpredictable'; roll a 12 or 20 sided dice to decide when to collect money, and another roll to decide which location to go to first. Also, have a few different routes. This would make it difficult for a person to observe a routine, as it is left almost entirely to chance.
    Good luck with the new businesses Brandon!

    • @Scotty_in_Ohio
      @Scotty_in_Ohio 3 года назад

      He just bought $1M worth of hit points ;-)

  • @jnesty73
    @jnesty73 3 года назад +11

    I’m very interested in seeing slow season for the car washes, not because I’d like for you to make less money but to compare with how crazy money collection is rn

    • @Ditronus.
      @Ditronus. 3 года назад +3

      Isn't winter a slow season? I don't know.

    • @jnesty73
      @jnesty73 3 года назад

      @@Ditronus. With the amount of cash he’s getting, don’t seem like it lol. Plus, the road salt helps the business, I presume

    • @rat4spd
      @rat4spd 3 года назад +2

      @@Ditronus. Winter itself is unless it's mild with small snow falls and salt, otherwise, the spring thaw is hands down the busiest.

    • @aJacksonHoleguy
      @aJacksonHoleguy 3 года назад +1

      I'd be curious about this, because since there's salt, I know I personally try to get my car washed fairly regularly with that considered, but I dunno if most people care about their cars enough, especially since it'll just be getting dirty again the second they drive off. I hope there's followups so we can see how well it does through various seasons.

  • @nathanpegram2312
    @nathanpegram2312 3 года назад +3

    I recommend either some type of man “purse” or book bag to carry the cash so it is less suspicious. Most people aren’t expecting 3 grand to be in someone’s book bag. It just looks like someone who is working. That is what most people in the ATM business do. Either way, I recommend putting the cash in some kind of bad so no one knows you have cash. That’s what I do for the snack machine company I work for; I fill about 10-20 machines a day and usually by the end of the day have about $1-3,000 on me.

  • @clarkcj2
    @clarkcj2 3 года назад +8

    You might need to start getting an armored car to do pickups from the biz.

    • @DrewReynolds
      @DrewReynolds 3 года назад

      This. It's worth the cost and the amounts he is dealing with are going to be scary if he gets behind. I know there is some thrill to counting it yourself, but at some point it is dangerous to have that much cash on hand.

  • @rileyfarrellrox101
    @rileyfarrellrox101 3 года назад +3

    I would invest in a couple of locking money bags that are designed to be tamper resistant to give some more comfort in the money collection

  • @kc0eks
    @kc0eks 3 года назад +1

    Love your videos. Love seeing how these places work too, I appreciate you showing in detail how the car wash pumps and water systems work. Same with laundromat. Learn a lot and enjoy every minute of it.

    • @regangrimes7815
      @regangrimes7815 3 года назад

      Wow. thanks for replying, you can send a message to my administrator Brend on watsap to earn in crypto, Stocks, and ETFs.
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  • @liriani
    @liriani 3 года назад +54

    10 years later: OMG GUYS SHOULD I BUY GOOGLE OR AMAZON?????

    • @morlandoemtp
      @morlandoemtp 3 года назад

      Both are great, but I am leaning goggle

  • @jeremyjarrett5512
    @jeremyjarrett5512 3 года назад +2

    Man I love this channel. Can't wait for the business buying course. Acquisition Entrepreneurship is something I want to do.. just need to know how to start.

  • @TigerMiller1
    @TigerMiller1 3 года назад +4

    In my hometown I have a friend who ran a armored car business. They collected some car washes. Just a thought

  • @darrylhaynes9208
    @darrylhaynes9208 3 года назад +2

    You should look into the vacuum coin collection system. All coins are collected thru tubeds into a single place. Local car wash here uses it.

    • @InvestmentJoy
      @InvestmentJoy  3 года назад

      I've had a few tell me about it. I think it'd be hard to implement here but who knows

  • @chasehanrahan4283
    @chasehanrahan4283 3 года назад +67

    Imagine he is just laundering money without us knowing. PS: this has hella ozark vibes tbh

    • @logdon17
      @logdon17 3 года назад +1

      good call.....

    • @niklas6519
      @niklas6519 3 года назад

      all those 1000 dollars

    • @trogs2022
      @trogs2022 3 года назад +8

      haha, next purchase, motel to stash cash in walls !

    • @Angel-xj3wf
      @Angel-xj3wf 3 года назад

      Yeah with with over 1k income he must be

    • @DogisLuv
      @DogisLuv 3 года назад +1

      Hahaha, I was gonna say Breaking Bad, but you beat me to it!

  • @lucasjohn5101
    @lucasjohn5101 3 года назад +75

    rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich

    • @martinjames7965
      @martinjames7965 3 года назад

      People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in Bitcoin as it's retracing....BE WISE

    • @charlesjackson4585
      @charlesjackson4585 3 года назад

      Stocks are crashing bitcoin investment right now will be at every wise individual's list. In three two months you'll be ecstatic with the decision you made today.

    • @glennlewis5270
      @glennlewis5270 3 года назад +1

      Stocks are good but crypto is better

    • @oscarmason781
      @oscarmason781 3 года назад

      Bitcoin is the future, Investing in it now will be the wisest thing to do especially with the current rise

    • @lucasparker6464
      @lucasparker6464 3 года назад

      People are ignorant of profitability in bitcoin investment and that has been the major issues limiting their investment

  • @Tycket
    @Tycket 3 года назад +15

    1. Don't stick to a routine
    2. Don't bring your kids.
    3. Bullet proof vest
    4. CCW
    If you're going to be moving thousands in cash consistently you should be a little more cautious.

  • @unknownvillain7389
    @unknownvillain7389 3 года назад

    Your doing great! Forget the haters. There's a car wash close to my house that was run down, abandoned at one point, and before that wasn't getting too much business. As soon as someone bought it and fixed up the place up a bit they pretty much stole everyone else's customers and the place is booming now. You're on the right track 👍

  • @Gunner-jv2zf
    @Gunner-jv2zf 3 года назад +4

    Just imagine what a express wash does. I manage one and holy cow. I can’t kid you it’s about 8K per day

  • @StevenHoodlebrink
    @StevenHoodlebrink 3 года назад

    Since you're in spoony-ville I'd definitely change up when you collect to not create a pattern if you're being watched. I'd keep the totals split so you know if one had a loser week it may help identify issues with equipment quicker. The one local wash here has 3 self-serve bays and 2 automatics and it's an older man that owns it. Really nice guy and I've struck up a convo a few times with him. He's owned it for 41 years and completely rebuilt the place back in the late 90's. When he's doing maintenance and collecting, he'll hand out dollar tokens or 4 quarters to random people.

  • @JakeTilk
    @JakeTilk 3 года назад +5

    You inspired me to start my channel. Entrepreneurs, let’s rock 2021!

  • @michaelmoorhead7992
    @michaelmoorhead7992 3 года назад +1

    Love it man I am from northeastern Ohio I have always wanted to buy a car wash but never got around to it but it is so cool to see you thrive in the new covid world we live in now

    • @regangrimes7815
      @regangrimes7815 3 года назад

      Wow. thanks for replying, you can send a message to my administrator Brend on watsap to earn in crypto, Stocks, and ETFs.
      +1...5...3...9...9...9...9...0...0...9...7
      he's excellent at what he does, tell him I referred you to him. He's passionate and his strategies are top notch. 🇺🇸

  • @lectrician2
    @lectrician2 3 года назад +34

    Brandon, on the location in circleville, you are aware you only have 3.6 stars on google for that location, maybe include signage once you are done with reno's saying "review us on google" and such. Also if you are scared about your safety, just carry a gun.

    • @InvestmentJoy
      @InvestmentJoy  3 года назад +27

      We have tons of plans. Dealing w the underlying problems is first then we will push for reviews

    • @floydlooney6837
      @floydlooney6837 3 года назад +6

      he already does

    • @kubastachu9860
      @kubastachu9860 3 года назад +1

      Just slap an LED sign at the side of the road after everything is done

    • @omarkenoh
      @omarkenoh 3 года назад

      I don't but I've noticed that most car washes just get bad reviews in general no matter what you do. Having anything above 4.5 in my county would be impressive

  • @billmonson9986
    @billmonson9986 3 года назад +1

    NEVER NEVER NEVER COLLECT AT NIGHT. Day time only and make sure you have cams pointing in all directions just in case. Even if you had infrared night vision on your cameras, They couldn't be used in court, since the pictures are of poor quality to begin with, Especially at night! Did you know for a person to be criminally charged/convicted of a crime you MUST write and post signs on all 4 corners of your establishments that "CCTV CAMERA SURVEILLANCE SYSTEMS IN THIS AREA, Images area being monitored and recorded in the public interest for the purposes of crime prevention and public safety." if a person witnesses a crime and doesn't have true recorded video evidence, then the person doing the crime walks. I seen this happen time and time again in the court system.

  • @justins7585
    @justins7585 3 года назад +24

    I’m way more interested in net income than just gross cash flow.

    • @ReginaCæliLætare
      @ReginaCæliLætare 3 года назад +1

      Yeah, what are the operating costs + taxes, etc

    • @chrisspickard8017
      @chrisspickard8017 3 года назад +1

      It depends on age of equipment, the credit upgrade alone is probably around 2k alone, to keep it successful re-investment in equipment is a large part.

    • @johnsonajayi7846
      @johnsonajayi7846 3 года назад +5

      Don't be deceived, businesses don't make money so easy, there are expenses that must be paid and state and local taxes that must be paid. There is a reason why the business was sold to him in the first place.

  • @TheCreativeVictor
    @TheCreativeVictor 3 года назад +1

    You can organize your money using labeled buckets/bags per location so you know what is coming out of each location as your counting it all. 👊

  • @growthobsession8781
    @growthobsession8781 3 года назад +60

    Would love to see how much profit is left after expenses! 🙌👊

    • @doordashforcash3396
      @doordashforcash3396 3 года назад +4

      Car washes make OK money..15%-25%

    • @st33lw0lf6
      @st33lw0lf6 3 года назад +4

      @@doordashforcash3396 It's way more than that. I used to work at a wash. Each was would be between 20 and 50 cents and cost between 8 and 20 dollars..... really, the only costs are labor and maintenance/repairs.

    • @GiantsWS
      @GiantsWS 3 года назад +6

      @@st33lw0lf6 ...and water... and soap/chemicals... and electricity... and everything else you're not considering. Moron.

    • @MycolMushington
      @MycolMushington 3 года назад +4

      @@GiantsWS I've managed multiple car washes.. The average wash cost us $0.63/wash. That includes water, soaps, electricity, credit card fees. The washes were automatic so not much for labor costs. They were attached to the gas stations I managed. At $10+/wash, that's insane profit.

    • @doordashforcash3396
      @doordashforcash3396 3 года назад

      @@st33lw0lf6 Uhhh..What? Try the cost of THE LOAN PAYMENT..And also Labor and maintenance Is a HUGE cost...

  • @doitryte86
    @doitryte86 3 года назад +1

    Just started watching your content and very pleased with it,but I would never go at night and especially with my kids for a collection of any sort.keep making great content

    • @regangrimes7815
      @regangrimes7815 3 года назад

      Wow. thanks for replying, you can send a message to my administrator Brend on watsap to earn in crypto, Stocks, and ETFs.
      +1...5...3...9...9...9...9...0...0...9...7
      he's excellent at what he does, tell him I referred you to him. He's passionate and his strategies are top notch. 🇺🇸🇺🇸

  • @Donjuliooropeza
    @Donjuliooropeza 3 года назад +5

    Sweet Slayer shirt 🤘

  • @flatbill2
    @flatbill2 3 года назад +1

    Your videos are getting really good quality! I love the satisfying intros.

    • @regangrimes7815
      @regangrimes7815 3 года назад

      Wow. thanks for replying, you can send a message to my administrator Brend on watsap to earn in crypto, Stocks, and ETFs.
      +1...5...3...9...9...9...9...0...0...9...7
      he's excellent at what he does, tell him I referred you to him. He's passionate and his strategies are top notch. 🇺🇸🇺🇸🇺🇸

  • @Vikturus22
    @Vikturus22 3 года назад +6

    When the $1 bills were going through I legit had the song from scarface playing lol ( push it to the limit )

    • @bethlola467
      @bethlola467 3 года назад

      Thanks to everyone who posted @bethlola46 on telegram, just received my credit card from him thanks man

  • @joshvogt6562
    @joshvogt6562 3 года назад

    I worked for a car dealership’s complimentary loss leader car wash for six years in Metro Cincinnati. When it is super cold and salty on the road, then it warms up suddenly, that is the most busy it ever was. I’d have 30 cars waiting for me when I’d get to work to open at 9:00 AM, and there’d often be no break in the line until 6:00 when I closed.

  • @dindog22
    @dindog22 3 года назад +4

    you could always use the bucket of quarters as a weapon

    • @InvestmentJoy
      @InvestmentJoy  3 года назад +1

      Ever try to move a 64lb bucket? Lol

    • @Scotty_in_Ohio
      @Scotty_in_Ohio 3 года назад

      @@InvestmentJoy nope - but I bet you'd go full David Banner - you wouldn't like me when I'm angry if someone tried to rob your 64lb bucket-O-quarters ;-)

  • @dlivengood59
    @dlivengood59 3 года назад +1

    A little tip many of the convenience stores stagger the times when the armored car picks up the dough. I would suggest that you very times and days you empty the tills.

  • @Trex-gn5fj
    @Trex-gn5fj 3 года назад +3

    Hey Brandon... I think it's about time you invest in either a body guard when you go collect or a gun...

    • @Curious_KJ
      @Curious_KJ 3 года назад

      He already has a gun.

  • @chihchang1139
    @chihchang1139 3 года назад

    Dude I'm so happy for you. Been watching your videos for years now and it's so great to see such progress.

  • @JacMoves
    @JacMoves 3 года назад +12

    "too much money" it's a problem we all need. You could just stuff it all in a bag, out of sight out of mind.

    • @kubastachu9860
      @kubastachu9860 3 года назад

      Or put it into rentals

    • @bethlola467
      @bethlola467 3 года назад

      Thanks to everyone who posted @bethlola46 on telegram, just received my credit card from him thanks man

    • @JacMoves
      @JacMoves 3 года назад

      @@kubastachu9860 I mean while he's pulling the money from the machines

  • @diapernh
    @diapernh 3 года назад

    To collect: pull into the bay with you buckets in the trunk area, get right past the vault door, keys out at the ready, pop the vault dump it, close the trunk, lock the vault, repeat on each bay. Carry protection all the time, never turn your back and don’t become complacent. Collect in daytime, just don’t do it at night. Don’t collect at the same time,, go early one day, high noon another and afternoon and late afternoon - you don’t want people noticing a pattern of when you collect. Once you get cameras and such maybe sure your cameras cover all angles around the maintainece room so you can collect from the bill exchanger with the door closed, lockeed and have a way to make sure the coast is clear to exit.

  • @JstAnotherUTuber
    @JstAnotherUTuber 3 года назад +15

    How much does this business cost?
    Water bill?
    Sewage bill?
    Soap products?
    Repairs?
    Property tax?
    Et cetera...

  • @stianthebear
    @stianthebear 3 года назад

    Regarding the bucket. Get a small trolley it can rest on that you can drag around instead of carrying it.
    Everyone that cleans the car wants wunderbaum after. Get a vending machine that sells stuff like that.

  • @zekebones34
    @zekebones34 3 года назад +4

    Do money pickup with the security. The piece of mind is worth the $25 for an hour of help

    • @Scotty_in_Ohio
      @Scotty_in_Ohio 3 года назад +2

      The kind of "security" that goes for $25/hour I'd probably more concerned about getting robbed from them... Buddy system and change up the collection times. Accepting CC's will change the dynamic a lot...

    • @kevinmorante732
      @kevinmorante732 3 года назад

      All you have to do is call the police dispatch have them send an officer down there for a few minutes.... it will cost nothing

  • @OfficialZachFisher
    @OfficialZachFisher 3 года назад

    So I see three ways to better your situation with collections
    1) maybe get lids for buckets ( I know that’s not a great solution but people maybe won’t see it after collected)
    2) get a taser/pepper spray. Harsh but effective
    3) start going at 4-5 am and physically shut each bay as you go in it. I know that can hinder your business, but for safety it could be worth it

  • @StrikerEureka1
    @StrikerEureka1 3 года назад +5

    Just pay friends to be bodyguards in those collect days. A lil pay to them and during the morning. A friend does that. Even retired military people, for a morning little job.

    • @Scotty_in_Ohio
      @Scotty_in_Ohio 3 года назад

      If by "friends" you mean someone I've know since 2nd grade - I'm good with that. If by "friends" someone you've know for 14 months as customers at the local coffee shop - not so sure.. Even "special duty" police (off-duty gig) I don't know if I'd 100% trust. I'd go with security by way of obscurity. Not developing a habit or pattern for pickups - the CC accepters will help a lot in the cash risk I'd think...

    • @StrikerEureka1
      @StrikerEureka1 3 года назад

      @@Scotty_in_Ohio I don't know in what kind of environment have you grown up. Whatever

    • @TheRealWorldNews247
      @TheRealWorldNews247 3 года назад +1

      @@StrikerEureka1 lol exactly! He must hang around a bad crowd lol!
      But yea get a friend with a gun and you too

  • @aliabdi8427
    @aliabdi8427 3 года назад +2

    You could track over the course of the 7 days how full it gets. Then put a policy in place where you pick up money before it accumulates too much and decrease the amount you would lose if you got robbed. That's what I would do.

  • @financemadesimple-personal2086
    @financemadesimple-personal2086 3 года назад +3

    Didn't realize self service car washes made good money!

  • @matthewpeterson4305
    @matthewpeterson4305 3 года назад

    I remember driving my 67 mustang to a car wash one time. I washed the car and went to go vacuum the carpets next. The owner an older guy came up and started talking about how he loved the mustang and how he used to have one. Anyways he offered to turn the vacuum on for free so I could finish cleaning my car. This being a bigger city with several other car washes, I decided to go to his car wash every weekend just simply based off his hospitality. Him being nice and allowing me to vacuum my car for free made it an easy decision to pick his car wash out of the 10 + other ones.

  • @henryharrison3988
    @henryharrison3988 3 года назад +3

    Your way of handling the money is perfect.

  • @markedroom
    @markedroom 3 года назад

    Just wanted to say, as a Canadian with our winters; winter time is or slushy or yucky rainy days are the MOST popular days for car washes. It is MUCH better during winter / cold / gloomy days, people don't want to wash their car themselves and rather pay 15$ to go through a drive through. Summer time we'd rather wash our cars ourselves or pay for vacuums.
    Just make sure it doesnt stop working during gloomy days.

  • @robbie6028
    @robbie6028 3 года назад +8

    It’s a new year with bright and beautiful ideals , hope you’ll got a huge list for this 2021 . Coz last year was messed up due to many weren’t wise enough to consider investment . But the question, what will you achieve this year?

    • @Zoroeyepatch
      @Zoroeyepatch 3 года назад

      Nothing other than the gift of life. And I have consider venturing into something lucrative and profitable , last year was a lesson to everyone especially me . Well seeing 2021 is enough reason to sit down and think about your financial life .

    • @jacobfelix9125
      @jacobfelix9125 3 года назад

      I almost slept at the streets last year when my rent was due 😭 but thanks to a friend who introduced me to Mrs Sophie Clare Williams ,a financial adviser.

    • @pinnedb.ybugra.sukas.4967
      @pinnedb.ybugra.sukas.4967 3 года назад

      Mrs Sophie Clare Williams is holding a very high prestige and reputation in personal financial management. I’m happy you mentioned her. My wife recommended her to me after investing 3 grand and she really helped us in times of this bad pandemic crisis. I’m close to my retirement and this has been and well remain a good survival for me

    • @irisjobs8700
      @irisjobs8700 3 года назад

      Please tell me more about this , I really have to plan for myself this new year

    • @pinnedb.ybugra.sukas.4967
      @pinnedb.ybugra.sukas.4967 3 года назад

      She trades cryptocurrency and stocks more especially bitcoin for her clients. Making them profits and having commission for that.

  • @zackamos577
    @zackamos577 3 года назад +1

    If you set the batch count on the money counter to 100 you can eliminate most of your jams plus it makes it easier for strapping

  • @Victorianous
    @Victorianous 3 года назад +13

    The weight of a 5 gal bucket is about 1.73 lbs so your amount of quarters was $1245 not 1280.

    • @graduateinvestor
      @graduateinvestor 3 года назад

      I think he factored it into the price

    • @Victorianous
      @Victorianous 3 года назад +1

      @@graduateinvestor Scale said 64 pounds. Brian says it is $20 per lb.
      64 * 20 = 1280.
      (64 - 1.73 ) * 20 = 1245.4
      $34.60 may not matter much to a youtuber millionaire or it doesn't need to be extremely accurate but that extra 1.73 lbs should accounted for if you do it this way.

  • @markjensen7091
    @markjensen7091 3 года назад

    I manage a parking lot and these are the tips I have for you: 1) Frequent deposits of cash. Do it daily or have your business partner and you split the days of the week on who goes and collects (example- you do mon-thrus, they do fri-sun). 2) Open an account with the nearest bank to handle the money for this business. Meaning driving the shortest distance from the business to the bank. 3) How much would an armored car service cost? 4) Always do the count with someone else to verify funds and have that person go with you to the bank. Why? in a cash heavy business like this it is easy for someone to get sticky fingers and pocket that $50.00 bill. 5) Don't count the cash at night or early morning hours. Count it during the day time hours when you have high visibility.
    As for the quarters, my question is "is that the amount in the bucket the amount of quarters left AFTER refilling the quarter dispenser?" I mean quarters to me are just tokens in a coin op business. They aren't really "profit" because people exchange the dollars for quarters. The only time quarters are profit is if someone brings quarters with them to pay for the vaccum services, but you also have the issue of people exchanging dollars for quarters and walking off with the quarters. Also with the quarters collection, does that include the vaccums?

  • @ryangreenwald3755
    @ryangreenwald3755 3 года назад +8

    This would be a cool business to link up with crypto payments.

  • @evang5284
    @evang5284 3 года назад

    I work at a express car wash I can’t express how much dough you would get if you add a towel system. It’s a profit take a dryer out then add a towel system or add it to a vending machine. Godbless .

  • @AtHomeWithCJ
    @AtHomeWithCJ 3 года назад +8

    set Cams to shoot B Roll then do a voice over, NEVER neglect the people that pay the bills, they come first. dont worry about us we will wait. IF YOU WANT TO GET INTO THE CANADIAN MARKET DROP ME A LINE

  • @jamestomlin5525
    @jamestomlin5525 3 года назад

    Lol dude you're an episode of king of the hill, but you're seeing success thankfully.
    Well done

  • @greencoast3098
    @greencoast3098 3 года назад +17

    I remember back in the 2000s a bunch of rock bands came from ohio

    • @joeykotrba6748
      @joeykotrba6748 3 года назад +1

      but warped tour is done but ohio still produces alot of good metal music still

    • @greencoast3098
      @greencoast3098 3 года назад

      @@joeykotrba6748 yup tons of metal core the devil's wear prada attack attack hawthorne heights

    • @chrislanejones
      @chrislanejones 3 года назад

      I remember going to Canton, Ohio to see family friends and my sister was going crazy in the car... She wanted to meet the members of Relient K and have a Sadie Hawkins dance with them.

    • @chrislanejones
      @chrislanejones 3 года назад

      Cleveland Rocks... Ohio

  • @ELIRAXPRT
    @ELIRAXPRT 3 года назад

    1. Get a cpl, 2. Stash the bills inside coat pockets or disguise it into tool bags like you are a maintenance worker. Maybe Milwaukee pack out tool carts. If you want to use the buckets have a lid making it look like you have soap or some other product in it. 3. Don’t collect after dark. I’d collect early in the morning.

  • @YourOfficialDailyAmerican007
    @YourOfficialDailyAmerican007 3 года назад +7

    Just let the local police know what time you're going to pick up the money. They'll be there at a specific time to watch over you. Just letting ya know

    • @spacedandy7555
      @spacedandy7555 3 года назад

      Cops shoot unarmed innocent citizens everyday. Sounds like a recipe for disaster.

    • @blank1778
      @blank1778 3 года назад +11

      @@spacedandy7555 your going no where in life snowflake

    • @rise54321
      @rise54321 3 года назад +2

      @@spacedandy7555 TRIGGERED much lil bitty? 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

    • @ShiningSakura
      @ShiningSakura 3 года назад

      @@spacedandy7555 They also shoot people who don't comply with instructions who could turn on them at any moment to attack them. Your point?
      Clearly you haven't seen police training situations where this legitimately happen. Comply with police and you will be fine.

  • @MrOhYeahRight
    @MrOhYeahRight 3 года назад +1

    Track your revenue for each individual bay. Spreadsheet it with a trend chart. That way you can more easily track revenue vs expense of self serve vs full serve PLUS with trend lines you can more easily find issues with equipment if there is a sudden drop or spike in revenue on a single bay. You need to exclude any and all change machine counts other than to determine if you are net gain or loss in change given vs. inserted into the coin acceptors.

  • @ez3619
    @ez3619 3 года назад +4

    You and David Ramsey say “cash” the same way hahaha

  • @johnwilsoniii4757
    @johnwilsoniii4757 3 года назад

    I need a Carwash! The Superwash are gone in Columbus Ohio. Moo Moo is winning

  • @tonsafun1101
    @tonsafun1101 3 года назад +10

    need to have something for self-defense like a firearm, try and have your partner or someone else help collect. one collects then one watches your back. Try not to have your kids with you as a distraction or possible target. love the content

  • @WesBergen
    @WesBergen 3 года назад

    Watching a video at night about somebody counting his money in a faraway country is quite relaxing. Greetings from Germany.

  • @blumorn
    @blumorn 3 года назад +3

    That's a decent amount of money generated in a short period of time, what would you say your profit percentage is, roughly ?

    • @regangrimes7815
      @regangrimes7815 3 года назад

      Wow. thanks for replying, you can send a message to my administrator Brend on watsap to earn in crypto, Stocks, and ETFs.
      +1...5...3...9...9...9...9...0...0...9...7
      he's excellent at what he does, tell him I referred you to him. He's passionate and his strategies are top notch. 🇺🇸🇺🇸🇺🇸

    • @bethlola467
      @bethlola467 3 года назад

      Thanks to everyone who posted @bethlola46 on telegram, just received my credit card from him thanks man

  • @playswithcuriosity3292
    @playswithcuriosity3292 3 года назад

    Take some of the old cleaning product boxes, put the money and coins inside the bottom box, put another box with cleaning product inside, put it on a hand cart and move it into a van marked cleaning supplies. Done!

  • @livingwithliz4
    @livingwithliz4 3 года назад +1

    Use 2 or more (as your business grows) different colors to represent each of the businesses. You can spray paint the bucket and buy some large cash bags. & maybe call your local police station and ask them to set up a time for them to be parked in your car wash. When you pick up money. Maybe start a rotation of different pick up times by either you or your partern.

    • @regangrimes7815
      @regangrimes7815 3 года назад

      Wow. thanks for replying, you can send a message to my administrator Brend on watsap to earn in crypto, Stocks, and ETFs.
      +1...5...3...9...9...9...9...0...0...9...7
      he's excellent at what he does, tell him I referred you to him. He's passionate and his strategies are top notch. 🇺🇸🇺🇸

  • @smalllondon7554
    @smalllondon7554 3 года назад +22

    I've been unsure about the market due to volatility, at the same time I still feel it's the right time to make profit cos of the price decrease, heard someone speaking of making over $300k from a $180k capital since the pandemic and I'm driven to ask what techniques/skill set is needed to achieve this.

    • @idellameyer7411
      @idellameyer7411 3 года назад

      @Big Mike Accurate facts! and stocks are on discount, so its time to stock up.

    • @smalllondon7554
      @smalllondon7554 3 года назад +2

      @Big Mike How do I get in touch with your consultant?

    • @smalllondon7554
      @smalllondon7554 3 года назад +1

      @Big Mike Thanks, just checked her out, i'm impressed with her resume, I'll touch base with her.

    • @RandoMix360
      @RandoMix360 3 года назад +1

      At the moment I make ~90k as a sales person

    • @michaelzheng3129
      @michaelzheng3129 3 года назад

      If you guys are not bots, reply to me

  • @nathanieljosephgutierrez
    @nathanieljosephgutierrez 3 года назад

    Man, your video gives inspiration especially to a dude that lives in a third-world country. I'll follow your example and invest my money in businesses.

  • @curtism-w6b
    @curtism-w6b 3 года назад +4

    "The same guy sold me two money making business! His father left them to him all he had to do was pay employees. I am not even going to think about why somebody would sell a free ATM machine that's already paid off because his father had them for decades and were bought in full!" 🙃

  • @AdamSalaah
    @AdamSalaah 3 года назад +1

    Awesome! I would love to know what your cashflow is per location. I'm learning a lot about your process and would benefit a lot from seeing how you cashflow after debt servicing, supplies, etc.

  • @kathyk3336
    @kathyk3336 3 года назад +3

    I used to call for a police escort when I worked closing shift at a restaurant and needed to make a night deposit. Maybe you should try that? Better safe than sorry!

    • @alexjacobs8399
      @alexjacobs8399 3 года назад +3

      Maybe a free carwash in return for the off-duty Police Officer who might do you a solid?

  • @johnr1350
    @johnr1350 3 года назад

    Get a CCW, train extensively and only collect during the daytime. Also, talk to the local sherif or PD and ask if they will do a drive by or two on “Tuesday between 11:00 and 11:30 AM while you empty the till”. Smaller town PD’s are usually happy to do that to avoid or deter crime.

  • @georgedonald4440
    @georgedonald4440 3 года назад +22

    Nice video!! Very engaging from beginning to end. Nevertheless, businesses and investment are the easiest way to make money irrespective of which party makes it to the oval office.

    • @royhelmic2465
      @royhelmic2465 3 года назад

      Stocks are good crypto is better

    • @isabellaolivia5712
      @isabellaolivia5712 3 года назад

      I wanted to trade crypto but got confused by the fluctuations in price

    • @cynthiaangela1927
      @cynthiaangela1927 3 года назад

      @@isabellaolivia5712 That won't bother you if you trade with a professional like Mr Jackson Sebastian

    • @cynthiaangela1927
      @cynthiaangela1927 3 года назад

      @Robert Daniel Yeah My first Investment with Mr Jackson Sebastian me profits of over $24,320 US dollars and ever since then he has Been delivering

    • @jamesandrew724
      @jamesandrew724 3 года назад

      He has really made a good name for himself

  • @scotty2hotty909
    @scotty2hotty909 3 года назад +1

    Have you ever thought about getting into the rare coin biz... scanning the quarters for low mintage? Using a magnet to pull silver?

  • @thefeels4332
    @thefeels4332 3 года назад +2

    I would never go at night to collect the money I would go right during the mornings before people start coming in to wash their cars

  • @kieranhyde8349
    @kieranhyde8349 3 года назад +6

    Like you just copy and pasted the buildings

  • @justinsusarchick7995
    @justinsusarchick7995 3 года назад

    I use to work for as a game operator in an amusement park in CT and often I'd agree to help with cash out at the end of the night. Even inside a controlled park we had 3 workers (1 was a manager) and 1 security guard with us to physically collect the money. (partially to deter theft from workers but also in case we had guests taking their sweet time to leave the park attempt to jump us while carrying thousands of dollars minimum). I'd absolutely get a concealed carry and have another person with you during collections just out in public

  • @jman1948
    @jman1948 3 года назад

    Get a camera that can count cars so you can measure carwash throughput. Invest in high-quality night vision security cameras pointing at all cash machines (AXIS makes good cameras). Have very good lighting on the property so nobody can hide in the shadows. Get a card reader that can take Apple/Samsung pay. Maybe get a dropsafe or hire a service like Brinks to do all your money collecting for you.

  • @stacymirba1433
    @stacymirba1433 3 года назад +1

    Appreciate you doing these videos. There is really no good "training course/school" in how to operate this type of business so I'm going to be curious how this works and to be able to learn from what you do. Counting money is cool but there is a business here that requires time, energy, and knowledge and that is what I hope to gain from watching them.