He Made Millions Starting from $0 with a Carwash? (10 Steps)

Поделиться
HTML-код
  • Опубликовано: 1 янв 2025

Комментарии • 98

  • @CodieSanchezCT
    @CodieSanchezCT  Год назад

    Don't worry... you can simplify car wash acquisition with this free tool I made. I've got y'all ;) contrarian-thinking.ck.page/car-wash

  • @InvestmentJoy
    @InvestmentJoy Год назад +54

    Thanks for coming to Ohio! Was great to make content with you!

    • @FamousAmos120
      @FamousAmos120 Год назад +2

      We appreciate your wisdom and insight! Thank you for sharing.

    • @cbmikey
      @cbmikey Год назад +1

      Congrats and greetings from about 2 hours North on 23!

    • @polini65
      @polini65 Год назад +1

      Why do you say they lose money when pocketing 40% of there gross revenue. And that you can prove with running it for a wile they make less. Are they not loosing more money then ?

    • @Inspower
      @Inspower Год назад +1

      Thanks for the insight man!

    • @tpsu129
      @tpsu129 Год назад +1

      How far are you car washes from each other?
      Basically, how far are you willing to go for a deal?

  • @routinetrader
    @routinetrader Год назад +1

    HIGH quality content and production here Codie. Subscribed.

  • @artesedejesus9232
    @artesedejesus9232 Год назад +6

    I follow so many entrepreneur/finance/motivation RUclipsrs and Codie is killing them all right now. Content on point

  • @lancesanderson
    @lancesanderson Год назад +13

    Absolutely love the quality of this video! Great car wash content.

  • @lhoover7334
    @lhoover7334 23 дня назад

    Thank you for the informative video

  • @PurplePeeps805
    @PurplePeeps805 Год назад +5

    Good stuff! Big fan of you both! ❤

  • @Topself24
    @Topself24 Год назад

    I live in a densely residential area where you have to drive 15-20 minutes to go to a car wash. I am doing research as to why

  • @Shorter_thenchuuya
    @Shorter_thenchuuya Год назад +8

    Hi Codie. This has nothing to do with this video. but I took your advice from a video about three months ago about doing ambient sounds and relaxing music for studying. I just started my channel 4 weeks ago. I am 50 and know nothing about computers. So not only have you encouraged me to start a side hustle, but have encouraged me to invest in myself. I would love to chat with you sometime!!!!???

  • @danielquintanilla7925
    @danielquintanilla7925 Год назад +1

    Car wash laundry Matt's and storage unit is the best. I need these.

    • @WashAnalytics
      @WashAnalytics 4 месяца назад +1

      I own all 3. They are good. Storage is definitely passive. Car wash and laundromat not so much. Requires daily upkeep, cleaning, and maintenance. You have to be able to fix things, and be available every day or pay someone else to do it.

  • @prathimadeshpande
    @prathimadeshpande 5 месяцев назад

    Good to know all this
    I am new to all this

  • @sitterfo
    @sitterfo Год назад +1

    I wish I had you before I bought my last business. I did all the wrong things! It was my 8th business that I bought but it was in a sector that I knew nothing about so I didn’t pay attention to all of the red flags. I learned so many expensive lessons but I have to say that it almost took me out of the game. I am so grateful to have found you now though because you’re amazing but honestly more so because it made me realize I am not the only one who had made some stupid mistakes. Haha thank you for being here on RUclips for all of us small business owners. It means the world!!!

    • @crxss3
      @crxss3 Год назад +1

      Do you own your own car wash now?

    • @sitterfo
      @sitterfo Год назад +1

      @@crxss3 omg I wish!!!!

    • @crxss3
      @crxss3 Год назад +1

      @@sitterfo what happenedd?

  • @chaselesser3191
    @chaselesser3191 Год назад +1

    There is 4 car washes near me, within a mile, on the same road. If I go south a mile, there is 6 car washes on the same road, within a mile. And there are some others scattered in between.
    I feel like they are over crowding.

  • @groundedasmr1234
    @groundedasmr1234 Год назад

    Thank you!

  • @musanahshal5772
    @musanahshal5772 Год назад

    Yes take guaranteed is key before you buy

  • @GCInvesting
    @GCInvesting Год назад

    Fantastic quality as always!

  • @darwandoo
    @darwandoo Год назад

    Thanks for sharing

  • @kadenvanciel9335
    @kadenvanciel9335 Год назад

    Let me know when you decide to interview Chris Atkins(Car Wash Chronicles) and Nathan Polatis(The Revestor).

  • @fattestedtravel
    @fattestedtravel Год назад +1

    I love the sports coat over the Ducktails tshirt

  • @MrDorf007
    @MrDorf007 Год назад +6

    Here in Kelowna BC (western Canada) it is easier to find a live dinosaur that it is to buy a car wash or a self storage.
    Any suggestions Codie ?

    • @jasonwitt8161
      @jasonwitt8161 Год назад +1

      try Alberta, all those oilfield trucks need washing

    • @Xayelon
      @Xayelon Год назад

      Unfortunately, Canadian business environment is extremely conservative

  • @seeitwithchris1041
    @seeitwithchris1041 Год назад +1

    This was great and answered SEVERAL of my questions. Now I want to know how to FIND a carwash for sale :)

  • @allywilkeforsenate
    @allywilkeforsenate Год назад

    Where is the coming from zero part?

  • @immelting9834
    @immelting9834 Год назад +2

    Mom and pop car washes are dying out here in southeast Wisconsin from Chicago to Milwaukee. There is a new multi million dollar car wash being built every month around here. I don't know how these outfits make money with how much their pouring into these massive structures

    • @JayRiches
      @JayRiches 6 месяцев назад

      They're almost always jammed packed

  • @BaldbeautyZ
    @BaldbeautyZ 7 месяцев назад

    I woke up and i want to open a car/truck wash in my area. but i would have to build it. I dont know how to start.

  • @MattSDance
    @MattSDance Год назад +1

    👏👏

  • @leonardcasimiro1142
    @leonardcasimiro1142 5 месяцев назад

    ❤❤❤

  • @Breezyaon1
    @Breezyaon1 Год назад

    What is UP WITH YOUR WARDROBE?
    THIS ISN'T THE 80'S EROTIC MOVIE lol

  • @LJCar2023
    @LJCar2023 Год назад

    How can I find the traffic data for California?

  • @happysmash27
    @happysmash27 Год назад +2

    40K down… That's starting from 40k, not 0!
    What I wonder, is, if able to make approximately $600/week with Doordash, and saving/reinvesting the vast majority of it, what the fastest way, to start turning that money into financing business that can make more money, would be. What is the cheapest realistic down payment to save up for?

    • @InvestmentJoy
      @InvestmentJoy Год назад

      Depends on area but I'm a huge house hack fha fan.

    • @kornfedkustoms1548
      @kornfedkustoms1548 Год назад

      around here banks want 20% down liquid cash minimum, 5 year balloon loan 15year amortization payment schedule and hard to find seller financing. If you want to make a little money in carwashing business start with alot of $ lol and although its not entirely passive like these videos say it is addicting

  • @u.s.aarchangelforgod3679
    @u.s.aarchangelforgod3679 Год назад

    Nice 👍🏽

  • @WillieHen
    @WillieHen 3 месяца назад +1

    40,00 down? That’s not starting from 0

  • @Godisone88
    @Godisone88 Год назад +3

    Your videos are on point. I want to be like you❤te admiró

    • @Inspower
      @Inspower Год назад +1

      I know right. Inspired my channel💯

  • @tooshay7396
    @tooshay7396 Год назад +4

    So, recap
    Research research research
    Get $40,000
    Creative financing
    Reinvest in the business
    Find trustworthy people
    Add additional revenue streams
    Rinse, repeat

  • @chriss4365
    @chriss4365 Год назад +5

    How do you actually construct a plan and convince the business owner to seller finance it to you? He is the real life Scrooge Mc Duck.

    • @InvestmentJoy
      @InvestmentJoy Год назад +4

      Learn how to negotiate

    • @chriss4365
      @chriss4365 Год назад +2

      @@InvestmentJoy any suggestions on a good teacher for learning negotiation?

    • @rebecca.smith.
      @rebecca.smith. Год назад

      @@chriss4365 Chris Voss

  • @sellingwithwill
    @sellingwithwill Год назад +1

    One suggestion -- Get a Wireless Go II device (2 mic bundle) for you and your guest. Your audio will be clean and crisp. Otherwise, good videos (though terrible audio just my 0.2 cents)

    • @InvestmentJoy
      @InvestmentJoy Год назад

      On my end the audio was better using dji wireless mics :D

    • @sellingwithwill
      @sellingwithwill Год назад

      @@InvestmentJoy regardless of which mic you use, you have to fine tune it once it's in your editor of choice. I use FCPx and I make it sound crisp post production. If you leave it as-is, it sounds better than not using a mic but not professional and levels are not optimized.

  • @wickedcosmos535
    @wickedcosmos535 Год назад

    Found this from the short that was made.

  • @mvmeai
    @mvmeai Год назад

    Rivers of Revenue ❤️

  • @spawnyboii
    @spawnyboii Год назад

    i was going to drop my job till i found out how hard it is to find the property mangers or owners ugh im sad

    • @jasonwitt8161
      @jasonwitt8161 Год назад

      it takes hard work to find them, don;t give up

    • @InvestmentJoy
      @InvestmentJoy Год назад +2

      Your job is to find them

    • @WashAnalytics
      @WashAnalytics 4 месяца назад

      Search your county's GIS mapping. it will show the owner's name.

  • @niteshkumar0202
    @niteshkumar0202 Год назад

    I want to start my own business. How should I go ahead. I want to do something in online platforms

  • @Lucrabo
    @Lucrabo Год назад +1

    Ohh thank you so much!! I was about to buy a Car Wash Business

  • @charlottelewhe3884
    @charlottelewhe3884 Год назад

    Love it ❤🎉

  • @l3LiTz
    @l3LiTz Год назад

    Another zero to a billion dollars 🙈 absolutely amazing

  • @asilverslining
    @asilverslining Год назад +2

    I run a Moo Moo Express Car wash near his in Ohio and noticed he had lots of our branded air fresheners even one hanging in the car ahaha he needs to invest his creating own to advertise. Great video!! :-)

    • @InvestmentJoy
      @InvestmentJoy Год назад +1

      Yes, plenty of moo moo freshers in the mechanical at ours.
      Prices aren't favorable to 10k units and we haven't seen the need yet.

    • @asilverslining
      @asilverslining Год назад

      @@InvestmentJoy Ah I see! I know Moo spends somewhere between $0.30-0.60 on just one single air freshener unit so if the demands not there then I see why you’d make that decision. Appreciate the reply 💪🏻

    • @InvestmentJoy
      @InvestmentJoy Год назад

      @@asilverslining yep. I want to say at 5k or less they're 75c/ea, the same as what we pay for the regular little trees.

  • @rabiaabbasi9326
    @rabiaabbasi9326 Год назад

    We are thinking about car wash business in canada...anyone can give guidance..i m from Pakistan

    • @rabiaabbasi9326
      @rabiaabbasi9326 Год назад

      Plz tel me how to start and how much investment need

  • @tonywong6884
    @tonywong6884 Год назад

    1M worth of equity...and maybe 2-3x cash on cash. But how many hard dollars? Does that even matter anymore these days?

    • @InvestmentJoy
      @InvestmentJoy Год назад

      It matters but I don't do that level of breakdown publcially

  • @jasonreviews
    @jasonreviews Год назад

    Wouldn't you save more time doing the credit card route? so you wouldn't have to collect money every week?

    • @InvestmentJoy
      @InvestmentJoy Год назад +3

      We do take cards but don't force the customer to use them

    • @jasonreviews
      @jasonreviews Год назад

      @@InvestmentJoy Nice

  • @Dragonsthought
    @Dragonsthought Год назад

    Might have developed a crush 😅

  • @stir99
    @stir99 Год назад

    why filming videos when making so much money ?

  • @walkingwithgod4084
    @walkingwithgod4084 Год назад

    What iQ score I need I'm in the 80s

  • @shobinbinu4413
    @shobinbinu4413 Год назад +1

    Madam Can I get your personal Mentor Ship🙏

  • @thomasjames3993
    @thomasjames3993 Год назад

    Zero dollars? You're liars. I'm out.

  • @P0werFromAbove
    @P0werFromAbove День назад +1

    “By this gospel you are saved, if you hold firmly to the word I preached to you. Otherwise, you have believed in vain. For what I received I passed on to you as of first importance: that Christ died for our sins according to the Scriptures, that he was buried, that he was raised on the third day according to the Scriptures,”
    ‭‭1 Corinthians‬ ‭15‬:‭2‬-‭4‬ ‭
    We all have sinned. But because of the perfect life, death, and resurrection of the Lord Jesus Christ, all who believe can receive eternal life. It’s through Christ alone that you will find freedom from the chains of your sin, forgiveness of sin, and eternal life in the age to come. This day, believe in the only begotten Son of God, Jesus Christ, Who took on human flesh for YOU and me. Believe in His death and resurrection for the forgiveness of sins.
    And for those who already believe, may you devote yourself to doing what is good (Titus 3:4-8) as God has called us to do. God bless!

  • @____Bread____
    @____Bread____ 9 месяцев назад

    The voices in the background, the conversations are completely amateur, they are incomprehensible and they explain something for 1 minute in 7 minutes and say that they made a video. waste of time

  • @kyleb1984
    @kyleb1984 5 месяцев назад

    Fake

  • @ObuluzorkelechukwuMonday-i4s
    @ObuluzorkelechukwuMonday-i4s 2 месяца назад

    Please help me I'm following you on line RUclips help me give me access with some things

  • @amiga2091
    @amiga2091 Год назад

    FIRST

  • @chrislanejones
    @chrislanejones Год назад

    Just sent a photo to my wife of the thumbnail!
    Codie Sanchez and Investment Joy
    She knows I am in Heaven 🌤️☁️🌤️