>Now it’s happening with car washes.
Yeah, I don't know what the correct number of car washes is to have, but I swear my city has enough for every car to wash every day with capacity left over.
Yeah, I don't know what the correct number of car washes is to have, but I swear my city has enough for every car to wash every day with capacity left over.
End result loads of carwashes doing nothing. Pretty sure it was the same reason mattress stores were everywhere at one point. You just need like 1 person to operate the store so paying their salary is nothing compared to the future appreciation of the land value.
TLDR; it’s not just you, private equity and a subscription business model.