How much does it cost to start a car wash?
You have the option of building from scratch, buying an existing car wash structure or renting a car wash building. In general, land acquisition costs are estimated at $100,000 – $200,000. Site work that includes building the foundation and landscaping costs around $200, 000 – $300, 000 while building construction (including electrical and plumbing) is at $350,000 – $500,000.
Can I buy an existing car wash franchise?
You can open a car wash completely on your own. Or you can franchise a car wash, purchasing supplies and other relevant services from an established business. Purchasing a car wash franchise allows you to utilize a proven model and recognizable brand name. You just need to find the right opportunity. If you’re interested in this route, here are the best car wash franchises to consider owning.
How much money is needed for a car wash business?
While this may be a more affordable business starting out with a limited budget, it is not your classic car wash that many have in mind. Your more traditional car wash business could cost you between $500,000 to $1,400,000 all in. This can be broken down by estimating $80,000 to construct and equip each bay (if you do not own the land).
What is the average price of a car wash?
However, there are many methods available for cleaning your car, so you have some choices to make. How much does a car wash cost and which method should you choose? A car wash can cost anywhere from $5 to $150 or more, depending on what type of services you opt for. If you wash the car yourself, you will only need to pay for the supplies.
How profitable is a car wash?
Many factors can affect car wash income, but on average, it can start from $41,000 per year for a small self-serve car wash to $686,250 per year for a bigger luxury car wash.
Is owning a car wash a good investment?
Pro: Car Washes Can Be Profitable Small-scale, self-service car washes average just over $40,000 per year in profit while larger luxury car washes can net owners more than $500,000 per year.
How much does it cost to invest in a car wash?
Typically, car wash investors spend about $2-4 million in capital with the biggest variance being in real estate costs. Fortunately, you have options for getting your startup capital. There are three main ways to finance your investment: SBA 7(a) and SBA 504 loans and conventional loans.
What is the most profitable franchise?
Top 14 Most Profitable FranchisesMcDonald's. Units in operation: 39,360. ... Dunkin Donuts. Units in operation: 12,800. ... Taco Bell. Units in operation 12,800. ... Subway Franchise. Offers Financing: Yes. ... Anytime Fitness Franchise. Units in operation: 4,904. ... Sonic. Royalty: 2.5% - 5.0% ... Planet Fitness. Royalty 7.0% ... Orangetheory Fitness.More items...
What are the disadvantages of a car wash?
It Leaves Water Spots On The Vehicle Sometimes older and worn-out equipment in automatic car washing leaves watermarks on the vehicle's body upon air drying. This can make your vehicle look dirty even after you've just given it a thorough clean. The water spots could remain on your car for years.
How can I invest in a car wash?
How to Buy a Car Wash BusinessConduct a Feasibility Study. Before you even begin to look for a location to buy, think about the feasibility of owning a car wash. ... Prepare a Business Plan. ... Careful Site Selection. ... Verify Zoning and Local Regulations. ... Financing and Investment Considerations.
Is owning a self service car wash profitable?
Average operating expenses for an automatic car wash are around 35% of gross sales. Labor costs are generally low, usually running around 13 percent of gross sales. According to a survey in Auto Laundry News, profits can range from $55,000 to $100,000 per year.
What is the best investment for passive income?
16 Passive Income Investments For 2022Rental property real estate.REITs.Stock market.Bonds.Certificates of Deposit (CDs)Mutual funds.Peer to peer lending.Turnkey real estate.More items...
How do I start an automatic car wash?
Start a car wash by following these 10 steps:Plan your Car Wash.Form your Car Wash into a Legal Entity.Register your Car Wash for Taxes.Open a Business Bank Account & Credit Card.Set up Accounting for your Car Wash.Get the Necessary Permits & Licenses for your Car Wash.Get Car Wash Insurance.Define your Car Wash Brand.More items...•
Do franchise owners make money?
Franchise Business Review found that the average annual pre-tax income of franchise owners in America is $80,000. Only 7% of franchise owners make more than $250,000 annually, and 51% earn less than $50,000. Legally, franchisors cannot give income amounts or forecasts of future income.
Which franchise is best in 2022?
Franchises provide a strong corporate and management framework, plus marketing, merchandising and production support....Bluevine Business CheckingDunkin' ... Anytime Fitness. ... Planet Fitness. ... Orangetheory Fitness. ... Primrose Schools. ... Kiddie Academy. ... Kumon Math and Reading Centers. ... Ace Hardware.More items...•
Are franchises worth it?
Franchises have a higher rate of success than start-up businesses. You may find it easier to secure finance for a franchise. It may cost less to buy a franchise than start your own business of the same type.
Is owning a self-service car wash profitable?
Average operating expenses for an automatic car wash are around 35% of gross sales. Labor costs are generally low, usually running around 13 percent of gross sales. According to a survey in Auto Laundry News, profits can range from $55,000 to $100,000 per year.
Is a car wash passive income?
If you own a car wash you can directly profit from the 286 million cars in the US. It gets better. Owning an automatic car wash allows you to earn passive income by having your fully automated car wash bays clean the vast number of cars that are on the road each day.
Are car washes recession proof?
When customers can purchase a monthly subscription service allowing unlimited washes at a fixed cost, this translates to “sticky” revenue for operators, making car wash facilities even more recession-proof.
What is a good cap rate for a car wash?
Car wash real estate cap rates generally fall within the 4.5% - 7.0% range.
How Much is a Car Wash Franchise?
The cost to build a car wash can range anywhere from about $50,000 to $3.5 million. Mobile businesses that require only trucks instead of a dedicat...
How Profitable is a Car Wash?
A car wash franchise can be very profitable. Labor costs are generally pretty low. And you can bring in money 24/7 if you offer automatic service....
How Do You Start a Car Wash?
If you want to know how to start a car wash business, you must do the following: Learn about the car wash industry Conduct market research to size...
What does "wash my car" mean?
WASH MY CAR - the mobile car wash franchise is a new concept in Europe and it means washing the car on the spot where it is parked.
What is a ProntoWash franchise?
The ProntoWash USA Master Franchise is the business partner in a specific geography. The primary role of the Master Franchise is to develop the territory by selling franchises and providing support to the franchisees in the territory. He will open the first operation in the territory and may continue to expand.
What is super wash?
Super Wash, Inc. is the nation's central turnkey auto wash association.
What is zero water car wash?
ZeroWater offers a variety of Car Wash services, which clean the exterior and interior of the vehicle without using any water! Your ZeroWater franchise will provide a unique eco-friendly service.
Where is Spot-Not Car Wash located?
The organization, situated in Joplin, Missouri, offers programmed auto washes and in addition a self-benefit framework to handle your most requesting auto cleaning needs.
Can you run a Green Shine car wash from home?
As a Green Shine franchisee, you can select to have your own store or run this business from home by operating a mobile car wash in your protected territory.
How Much is a Car Wash Franchise?
The cost to build a car wash can range anywhere from about $50,000 to $3.5 million. Mobile businesses that require only trucks instead of a dedicated location like an automatic car wash franchise fall on the lower end. Those with large equipment and real estate generally fall in the $2 to $3 million range.
How much does it cost to franchise Superior Wash?
The company offers mobile truck washing, which is a fairly steady and recession proof business. The franchise fee is $15,500. And the company also has a working capital requirement of $10,000 to $20,000 when getting started.
How Profitable is a Car Wash?
And you can bring in money 24/7 if you offer automatic service. For traditional models, you can expect to earn between $1,200 and $1,500 per month for each bay. Depending on the size of the carwash and location , this can lead to profits between about $80,000 and $800,000 each year.
What is nanotek carwash?
Nanotek is an Australian based carwash franchise opportunity that also has locations internationally. Formerly ecowash mobile, the company provides mobile service that’s known for being eco-friendly. The website does not provide fees or financial information about franchises. But you can reach out to the company to inquire.
What is Sonny's car wash?
Sonny’s is a supplier of car washing equipment. But the company also provides resources for those interested in opening car wash businesses. This includes a carwash college, investment guides, signage, and consulting. The car wash startup costs vary depending on the equipment and resources you choose.
How much does a fleet clean franchise cost?
But that can make the income even more stable and recession proof. It also doesn’t require a dedicated location. So the barrier for entry is fairly low. The initial franchise fee ranges from $30,000 to $75,000. But the total initial investment ranges from $158,375 to $321,375.
What is DetailXperts franchise?
DetailXperts is a car and truck detailing franchise with an eco-friendly twist. The company uses steam cleaning to get vehicles sparkling clean without tons of chemicals. They offer detail shops and mobile units. So there are flexible business options for franchisees to consider.
Cactus Car Wash Franchise Opportunities
Cactus Car Wash franchise provides their customers with an outstanding concept. While their car is being washed, waxed or detailed, visitors can enjoy the relaxing atmosphere of a comfortable lounge. Since 1996 when the business was established, the company has grown to 7 franchise units.
How to open the Cactus Car Wash franchise?
Ensure you have adequate capitalization. In order to open a Cactus Car Wash franchise, you must have a liquid capital of more than $600,000.
How We Stack Up
Our mature Tommy's Express franchise locations offer competitive sales when compared to top national franchisees. Figures represent annual sales per store in millions.
Why a Tommy's Express Car Wash Franchise?
No perishable items, low labor costs, and top of the line support from groundbreaking through opening and beyond! We have owned and operated some of the busiest car washes in the world.
Our Biggest Fans
"My partner and I wanted to go into business together, and we thought about several different businesses and we chose a car wash business to start. We looked at several different manufacturers of car wash equipment. We settled on Tommy's Express when we visited Holland, MI.
Your journey with Tommy's Express
Future partners begin with the franchise webinar. You get to know us and we get to know you. When you're ready, you'll sign the Franchise Disclosure Document to begin. We'll then host you for a tour of our West Michigan locations and finally, you will sign the franchise agreement.
Capital Requirements
Building and owning a Tommy's Express requires a certain amount of capital. Financing options available for qualified applicants.
Franchise Fees
Associated costs with running a Tommy's Express franchise include a $50,000 initial franchise fee, 4% royalty and 1% towards the national brand fund.
Next steps
If you meet the capital requirements and want to learn more, please complete the form below to start your journey. We'll follow-up by scheduling a phone call to answer some of your questions and learn more about your goals. We look forward to connecting with you!
How much does it cost to build a car wash machine?
An automatic touchless car wash machine with a dual-arm jet wash design can range from $21,000 to $23,000. Expect to pay up to $80,000 for more sophisticated designs with wheel-cleaning systems and dryer facilities.
How to maximize profits from car wash?
Maximize profits by washing more cars. One way this can be achieved is by expanding your business and opening up another car wash. You may choose to increase the hours you are open – 24/7 availability will also make a huge difference to your bottom line. Customer loyalty programs can help to boost profits too.
How Does a Touchless Car Wash Work?
Equipment with vehicle-sensing technology carries out the work utilizing high-pressurized washing techniques. The touchless in-bay automatic car wash requires the customer to simply drive into a bay. Once in a stationary position, mechanical wands or “arms” with sensors navigate around the car while jetting water and car shampoo over the exterior to remove dirt and grime. The touchless conveyor tunnel system requires the customer to drive onto a conveyor. Then the car is rolled/pulled through the tunnel while the pressurized wash system operates automatically.
How much water does a touchless car wash use?
In particular, pay attention to water usage. The pressurized jets used in a modern touchless car wash can use up to 15 gallons of water per vehicle, although some systems will have a degree of water recycling measures in place.
What is touchless wash?
High-tech touchless wash equipment relies on intricate electronic components and hydraulically-powered parts, such as motors, sensors and a high-pressure pump system. Even high-quality systems can sometimes experience faults or failure. This means you may find yourself having to pay for costly repairs. Proper equipment maintenance is necessary. Carrying out regular checks will cost you money but it will hopefully save you money in the long run by identifying any potential problems before they arise.
How long does it take to wash a car?
Adding wax and dry options can increase the time to 8 minutes per wash but you will charge more for the service. There is the potential to wash 8 cars per hour. However, some conveyor touchless systems are even faster with capabilities of washing up to 30 cars per hour. Price per car wash can range from $7-$15.
How to make money from auto detailing?
It is entirely possible to double your profits by the time you reach the 5-year mark in business. For example, you could make $100,000-$120,000 per annum by offering more than just the basic touchless car wash. Give customers the option to purchase add-ons, such as tire shine, wax treatments or a hot water wash. These have the potential to raise revenue by around 20% per vehicle. Upgrade a basic 5-minute wash and rinse to a deluxe wash, wax and dry. This will typically take just a few minutes longer but at a higher price point. Offer interior detailing services. This can be another way to boost income and profits.
