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Old 01-18-2016, 01:33 PM
Storx Storx is offline
 
Join Date: Jan 2016
Location: Holiday, FL
Posts: 9
Default Has anyone started small and grew in a single store before?

I was curious if anyone has ever started small and grew from there.. have been looking at a few coin wash local to me and most want way to much money for rent.. nearly half the income is going to rent in my area so i was looking up some commercial property and a few fall in some low income areas or trail home areas that could possibly use the availability of coin wash.. 1 is near a coin wash that seems to be slam packed most of the time on the few times ive driven by...

There is a 1750 sqft building for sale in that area for $125k, the building is kinda elongated instead of being square shaped.. so i was thinking if i bought something similar to this.. i could purchase like 8 or 10 washers and 6-8 dryers and install them.. then build a false wall that would anchor to the side walls to cut off the unfinished area from the public and build back from there.. moving the wall as i added more units..
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Old 01-18-2016, 05:48 PM
shad2038 shad2038 is offline
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Join Date: Sep 2008
Location: Mildura Australia
Posts: 1,241

I started exactly that way 20 years ago. Only problem -I didn't buy the freehold, fortunately I have a great landlord and pay a "fair" rent.

I would suggest getting all plumbing and electrical set up to expand.

Good luck.
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Old 01-19-2016, 08:43 PM
Storx Storx is offline
 
Join Date: Jan 2016
Location: Holiday, FL
Posts: 9
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How many did you start off with?

In regards to the electrical and plumbing, i have lots of contractors in my family so i imagine when i need that type of work they are more than welcome to help out.. i know a bit myself of the general stuff..
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