Oklahoma man reveals car wash he bought and renovated has made him $500,000
Published on Feb 14, 2026 at 5:43 PM (UTC+4)
by Ben Thompson
Last updated on Feb 13, 2026 at 5:48 PM (UTC+4)
Edited by
Amelia Jean Hershman-Jones
This Oklahoma man has revealed how buying and renovating a car wash earned him $500,000.
Many people are constantly on the lookout for great business opportunities, while others want a get-rich-quick scheme.
For YouTuber StephentheInvestor, he had both in one idea – renovating a car wash.
He’d purchased the then-rundown car wash over a year ago and had turned it into a thriving business.
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How this Florida man had turned a rundown car wash into a lucrative business
The car wash’s former owner had grown disinterested in maintaining the business, allowing Stephen to purchase it for $425,000.
After that, he spent over $100,000 extra to renovate the wash and to upgrade some of the facilities.
Stephen upgraded the money dispensers and card readers, and slightly extended the building as well.
When purchased, the business was generating around $96,000 a year.
After renovations, the revenue has now been bumped up to $272,000.
With the property recently being appraised at $1,050,000, his net worth has increased by roughly $500,000.
How had this happened?
Stephen explained that car washes are generally valued at three to five times their gross revenue, meaning every dollar increase in revenue could raise the property value.
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Car washes – a crucial part of the car world
Let’s face it, we need car washes.
Without them, we’d be totally reliant on ourselves to get them spick and span.
Not everyone has the luxury to call in the YouTube cleaners that work their way through astronomical levels of filth, whether it be in a Ferrari or a Tesla.
It’s great that Stephen is turning a profit with his business.
Admittedly, it’s not quite the profit that Jason Derulo is making with his monthly subscription car wash business.
Who knew that this was such a money maker?
Stephen thought that renovating a business was a better income stream than investing in real estate, as there was stronger cash flow potential.
It’s hard to argue with that when he was making $2,700 a day on average.
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Following stints at LadBible, The Sun, The New York Post, and the Daily Mail, Ben joined the team full-time in February 2025. In his role as Senior Content Writer, his sparkling copy, the ability to sniff out a good story at 100 paces, and a GSOH quickly led to him becoming an integral and invaluable member of the writing staff.
