Matthew Johnson
Richmond, VA (USA)
Role(s):
Founder/Owner/Principal
Car Wash
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Startup
Location:
Richmond
Industry:
Automotive
Year Founded:
2001
Number Employees:
1-10 people
Description:
I am looking at purchasing a 4-site car wash. Asking price is 5.2 million and financing will require that I figure out a way to raise approximately 1 million dollars. I will have the prospectus in hand on Thursday, and will have my accountants and attorneys review at that time. A cursory look at the numbers tells me that the asset is slightly overvalued, but tolerable, and I believe that the business is currently mismanaged and has growth potential, particularly in the "green" industry. Please contact me at your earliest convenience.