The Car Wash Life

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Saturday, February 19, 2022

Tank Liability

When Dad started off at Location A, held tank liability. Tank lability goes into effect when say for instance the gas tanks underground leak. Eventually, Dad worked himself out a deal where the Oil Company held the liability. That's way better. Let someone else worry about it. Location D in... Sign in to see full entry.

Friday, February 18, 2022

Where Does the Credit Card Money Go?

When you pay for gas, you most likely figure it goes to the gasoline dealer. In actuality, that is unlikely. When you pay with credit or debit, the money goes straight to the oil company. Most gasoline transactions are credit and debit, so they're getting that money. Not only that, if there is a... Sign in to see full entry.

Thursday, February 17, 2022

Leasing A?

I've learned in life, especially in business, plans can change quickly. Dad contacted Bulls Full-Service Wash (BFSW) about them leasing Location A. Dad had plans to renovate Location a. The two estimates that have come in so far were more expensive than what Dad was figuring. The Little Bank hasn't... Sign in to see full entry.

Tuesday, February 15, 2022

An Era Ends

Location A is out of gas and diesel. The Oil Company is there, getting the pumps out of there. At some point, the canopy will be removed. The biggest task of all are the tanks. That's a lot of jackhammering. As for how easy it is for them to come out, it depends. Back in the early 1990s, when the... Sign in to see full entry.

Saturday, February 12, 2022

Out of the Residential Landlord Business

Yesterday, we sold our final house of the three rental houses Dad owned behind Location A. Al ended up buying it. I'm glad that we are out of the rental business. We were car wash people dabbling in renting, and I felt doing the different fixings of the houses over the years got in the way of car... Sign in to see full entry.

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