Private Equity car washes produce few jobs

… but provide high skim rates to the “worst people in America”.

https://www.bloomberg.com/news/features/2024-02-21/car-washes-are-taking-over-the-us-here-s-why?utm_source=newsshowcase&utm_medium=gnews&utm_campaign=CDAqEAgAKgcICjDi7PAKMIXduwIwlMnQAg&utm_content=rundown&gaa_at=g&gaa_n=AZsHK_nDHuVaUveRNd97eg_Bs5k-uyt1d_cbvcJNtsSFaPpQT6OcCe7tU-YNDh6cookI-DH5aK5AEH-UnA6cBwhskz5j&gaa_ts=65d6c1bf&gaa_sig=YQFNwpdtl-uJkKK6XG2cBn69rP_N8r-1mLuWwET9JH7Xfg9C0V9lJXJ1HQxv6WExM5Gnx7UilcFY32PqVq_X-A%3D%3D

{{ Unlike stores, restaurants or other businesses, most self-service car washes don’t pay sales taxes to their host communities. And they don’t bring much else to the table in terms of local benefits, critics argue; like drive-through-only fast-food outlets (which have also been the target of local bans), the latest generation of automated facilities provide few jobs even as they pump out noise, traffic congestion and vehicle emissions. }}

intercst

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" There are four full-service car washes in town, with a fifth on the way; three are bunched up on a mile-and-a-half stretch of Route 14. Social media complaints about car wash overkill spurred town leaders to take action. Early last year, Streetsboro ended up enacting a moratorium on new car wash businesses."

I don’t get it. If there are too many carwashes some of them will go out of business. If there are enough dirty cars to keep all of them going, then the service meets a need.

DB2

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The car wash doesn’t provide jobs or tax revenue to the city. That’s why the city would prefer to permit lots in prime locations for businesses creating jobs and generating tax revenue.

The city where I live has shut down the construction of large Amazon-style fulfillment warehouses, believing they should keep the land for higher paying employers like computer chip manufacturing, or other high tech jobs.

intercst

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A crux piece of knowledge I tried to bring to extremely resistant progressive politics in California was that, on their Fiscal as opposed to Civic side, cities are specialized businesses, with land first and people second as their capital base, and understanding that is critical to all else.

Successful cities are either insanely lucky or utterly obsessive about land use, and concerned to constantly attract and keep active inventive people as residents.

david fb

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