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A comment on Why Are There Suddenly So Many Car Washes?. Parent comment

Re:Why Are There Suddenly So Many Car Washes? by fergie on Monday March 18, 2024 @03:57AM (#39741364)
Probably Mister Carwash (the franchise organisation) is leasing out locations to its franchisees, in which case the whole business is absolutely about real-estate.
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Re:Why Are There Suddenly So Many Car Washes? by helsinkiandrew on Monday March 18, 2024 @04:11AM (#39741432)
Except they don’t do franchises and the financial statement says they’re paying rent not receiving it.

https://ir.mistercarwash.com/company-information/faq

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Re:Why Are There Suddenly So Many Car Washes? by pyrale on Monday March 18, 2024 @06:24AM (#39742156)
Who are they renting from, though?

A company I previously worked for did rent 4-5 office buildings at ripoff prices, to a company belonging to one of the board members.

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Re:Why Are There Suddenly So Many Car Washes? by ufocia on Monday March 18, 2024 @10:56AM (#39745440)
Maybe REITs?
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