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My former neighbor owned one. It was all cash. He said the IRS and the local tax revenuers all watch him close. He had one tax agent claim he must be skimming because his water usage shows he must be getting more customers. He asked the guy the follow him to the car wash. It was a typical morning, several bays were full of mud and gunk from the 4 wheeler types washing their trucks. He spent 30 minutes hosing down one bay, and then getting into the grease and mud trap to muck it out. Then spent 30 minutes hosing down the driveways and other bays. The tax man said well I guess you do use a lot of water just keeping the place nice.
My neighbor admitted he can get enough cash to by a few 12 packs of beer, but the profit margin it not that great. He also owned a laundry-mat. He made lots more money there but it was in a fairly small town, and his nephew that lived just a block away took care of maintenance for him.
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Glen
49 Year member of the Porsche Club of America
1985 911 Carrera; 2017 Macan
1986 El Camino with Fuel Injected 350 Crate Engine
My Motto: I will never be too old to have a happy childhood!
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