How do I assess a mobile detailing business’s generator and water tank equipment?
Start the generator and run the water system for a full job. Check hours, leaks, noise, pressure and how long a tank lasts, then ask for service records and proof of ownership. The equipment is the business’s workshop on wheels, so a failing unit stops income immediately.
Ask to see the equipment run on a real job, not a quick demonstration. Start the generator, watch it carry the pressure washer, vacuum and other tools together, and listen for rough running. Look at hours, fuel use, mounting, exhaust and any signs of repairs. Ask who services it and how often, and find out whether spare parts are easy to get.
Check the water side. Look at the tank for cracks and mineral build-up, and the pump, hoses, fittings and filters for wear. Ask how many vehicles one fill covers and how the operator refills. Find out whether any water treatment equipment is part of the setup, and how it is cleaned.
Then confirm ownership. Is the equipment paid off, financed or leased, and is it mounted in a vehicle that is part of the sale? Ask your lawyer to confirm there are no liens. Ask about noise complaints and any restrictions customers or property managers have placed on where the unit can work. Ask your accountant how the unit is carried and when replacement may be needed. Ask for a short list of any breakdowns in the past season, and what each one cost the business in missed appointments.
Key takeaways
- Run the generator and water system together on a realistic job.
- Ask for service records, spare parts sources and signs of past repairs.
- Confirm ownership and liens, and whether the vehicle is included.
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Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentEquipment valuation: How to do it
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
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