Car Wash Cash Flow | Recession Resistant Income with Dave Zook
The Infinite Wealth Podcast
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Car Wash
The number one car wash in the industry only owns about 5% of the industry. Wall Street loves the subscription model, that monthly recurring revenue. When you have 20 well run tunnel car washes plus you get into that 20 to 30, 20, 25, 30 range at end up, we've seen those multiples go up to 20 X. The last four that traded that were more than 20 car washes had traded somewhere around that 20 times even up.
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