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

Рет қаралды 83,391

Күн бұрын

Пікірлер: 94

@CodieSanchezCT Жыл бұрын

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 Жыл бұрын

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

@FamousAmos120 Жыл бұрын

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

@cbmikey Жыл бұрын

Congrats and greetings from about 2 hours North on 23!

@polini65 Жыл бұрын

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 Жыл бұрын

Thanks for the insight man!

@tpsu129 Жыл бұрын

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

@artesedejesus9232 Жыл бұрын

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

@routinetrader Жыл бұрын

HIGH quality content and production here Codie. Subscribed.

@lancesanderson Жыл бұрын

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

@jasonwitt8161 Жыл бұрын

Lance, look, you won stuff from bots! Lucky guy you!

@CodieSanchezCT Жыл бұрын

Glad you enjoy it!

@smoothingsoundsforbodymind1110 Жыл бұрын

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!!!!???

@PurplePeeps805 Жыл бұрын

Good stuff! Big fan of you both! ❤

@prathimadeshpande Ай бұрын

Good to know all this I am new to all this

@danielquintanilla7925 Жыл бұрын

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

@WashAnalytics 5 күн бұрын

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.

@Topself24 Жыл бұрын

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

@chaselesser3191 Жыл бұрын

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.

@sitterfo Жыл бұрын

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 KZfaq for all of us small business owners. It means the world!!!

@crxsshair3 Жыл бұрын

Do you own your own car wash now?

@sitterfo Жыл бұрын

@@crxsshair3 omg I wish!!!!

@crxsshair3 Жыл бұрын

@@sitterfo what happenedd?

@kadenvanciel9335 Жыл бұрын

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

@fattestedtravel Жыл бұрын

I love the sports coat over the Ducktails tshirt

@InvestmentJoy Жыл бұрын

Thanks :D

@tooshay7396 Жыл бұрын

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

@immelting9834 Жыл бұрын

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 2 ай бұрын

They're almost always jammed packed

@MrDorf007 Жыл бұрын

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 Жыл бұрын

try Alberta, all those oilfield trucks need washing

@Xayelon Жыл бұрын

Unfortunately, Canadian business environment is extremely conservative

@seeitwithchris1041 Жыл бұрын

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

@happysmash27 Жыл бұрын

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 Жыл бұрын

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

@kornfedkustoms1548 Жыл бұрын

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

@groundedasmr1234 Жыл бұрын

Thank you!

@GCInvesting Жыл бұрын

Fantastic quality as always!

@darwandoo Жыл бұрын

Thanks for sharing

@sellingwithwill Жыл бұрын

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 Жыл бұрын

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

@sellingwithwill Жыл бұрын

@@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.

@musanahshal5772 Жыл бұрын

Yes take guaranteed is key before you buy

@BaldbeautyZ 3 ай бұрын

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.

@Godisone88 Жыл бұрын

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

@Inspower Жыл бұрын

I know right. Inspired my channel💯

@l3LiTz Жыл бұрын

Another zero to a billion dollars 🙈 absolutely amazing

@allywilkeforsenate Жыл бұрын

Where is the coming from zero part?

@wickedcosmos535 Жыл бұрын

Found this from the short that was made.

@chriss4365 Жыл бұрын

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 Жыл бұрын

Learn how to negotiate

@chriss4365 Жыл бұрын

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

@rebecca.smith. Жыл бұрын

@@chriss4365 Chris Voss

@asilverslining Жыл бұрын

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 Жыл бұрын

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 Жыл бұрын

@@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 Жыл бұрын

@@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.

@LJCar2023 Жыл бұрын

How can I find the traffic data for California?

@u.s.aarchangelforgod3679 Жыл бұрын

Nice 👍🏽

@Breezyaon1 Жыл бұрын

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

@rabiaabbasi9326 Жыл бұрын

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

@rabiaabbasi9326 Жыл бұрын

Plz tel me how to start and how much investment need

@Lucrabo Жыл бұрын

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

@leonardcasimiro1142 20 күн бұрын

❤❤❤

@tonywong6884 Жыл бұрын

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

@InvestmentJoy Жыл бұрын

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

@mvmeai Жыл бұрын

Rivers of Revenue ❤️

@spawnyboii Жыл бұрын

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 Жыл бұрын

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

@InvestmentJoy Жыл бұрын

Your job is to find them

@WashAnalytics 5 күн бұрын

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

@niteshkumar0202 Жыл бұрын

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

@niteshkumar0202 Жыл бұрын

Unable to see the reply

@InvestmentJoy Жыл бұрын

@Pablo Picasso these are all bit responses

@MattSDance Жыл бұрын

👏👏

@Dragonsthought Жыл бұрын

Might have developed a crush 😅

@charlottelewhe3884 Жыл бұрын

Love it ❤🎉

@jasonreviews Жыл бұрын

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

@InvestmentJoy Жыл бұрын

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

@jasonreviews Жыл бұрын

@@InvestmentJoy Nice

@stir99 Жыл бұрын

why filming videos when making so much money ?

@shobinbinu4413 Жыл бұрын

Madam Can I get your personal Mentor Ship🙏

@CaptainPlanet007 Жыл бұрын

Stop it!! You want more than a mentorship 💦

@walkingwithgod4084 Жыл бұрын

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

@____Bread____ 5 ай бұрын

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