How profitable is owning 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.
How do you start a car wash?
10 Steps For Starting a Car Wash From The Ground Up1) Location is Everything - Go Scouting. Car washes aren't automatically successful. ... 2) Review the Competition. ... 3) Do the Paperwork. ... 4) Planning and Approval Process. ... 5) Research Car Washes. ... 6) Operations Decisions. ... 7) Make a Business Plan! ... 8) Get Financing.More items...•
How do 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.
How much does it cost to buy a self-serve car wash?
With self-serve bays, depending on your local climate, equipment will cost approximately $15,000 to $25,000. Building costs vary, but the simplest structures will start at around $25,000.
Is buying 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.
What do you need for a car wash business?
Starting your business Aside from the cost of the venue, your biggest expense will be equipment. Some setup costs to consider include your location costs, high pressure pumps, vacuum cleaners, dryers, washers, water hoses, soap, polishes. Lastly, it's important to run your car wash as a professional enterprise.
What are the disadvantages of a car wash?
Many self-service car washes use unfiltered water which can cause water stains to appear on your vehicle. If you're unfamiliar with the tools and cleaning agents present, you risk damaging your vehicle.
Is car wash passive income?
Self-service facilities provide long-term income However, it will take some time until the investment yields a profit. But once that's the case, all you have to do is pay the running costs for water, electricity, cleaning supplies, and occasionally maintenance and repairs. Anything beyond that is your passive income.
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 you manage a car wash?
7 Car Wash Business Tips to Improve Your Bottom LineStep 1: Eliminate Unscheduled Repairs. ... Step 2: Eliminate Labor. ... Step 3: Reduce Operating Costs. ... Step 4: Improve Wash Consistency. ... Step 5: Get in Control of Marketing. ... Step 6: Increase Average Ticket. ... Step 7: Increase Customer Frequency and Loyalty.
How do I start a successful car wash fundraiser?
Car Wash Fundraiser – Success TipsLocation, location, location!Sell car wash fundraiser tickets in advance.Use a flyer that clearly explaining why you're raising funds.List all prices concisely in large, bold type.Up-sell to include additional services.Partner with another group if your head count is low.More items...
How do you describe a car wash business?
A car wash, carwash, or auto wash is a facility used to clean the exterior, and in some cases the interior of motor vehicles. Car washes can be self-service, full-service (with attendants who wash the vehicle), or fully automated (possibly connected to a gas station).
Is a car wash considered retail?
A car wash is a service that cleans the exterior and interior of a vehicle. It is typically considered retail because it is a service that is provided to customers.
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 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 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 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.
What are the mistakes that car wash owners make?
Sadly, choosing the best location is one of the most common mistakes a startup car wash owner makes. They look for locations with high traffic volume (which is really recommended). When they find out how expensive the rental is or the asking price is (if the owner wants to sell it), they renege and try to find a cheaper location. They think that by offering superior detailing services coupled with the right marketing strategies, they will eventually make it.
Why is it important to have a good relationship with your employees?
Establishing good relationships with your employees will help you resolve workplace conflicts better. Empower your employees so they can act on your behalf. This way, issues that may arise on the job can be resolved by your employees immediately. As a result, you will have happier, more satisfied customers!
Do car wash owners need to conduct market research?
This is why a thorough market and competitor research is needed. Sadly, some startup car wash owners open their business without conducting proper research.
Do car wash companies clean cars?
Yes , we agree that a car wash business answers a need – to clean vehicles of people who lack the time to do it themselves. But with car washes mushrooming everywhere, how can you be any different? How can you ensure your ROI?
Do car wash owners need a business plan?
Ah, yes. The business plan. We keep on reiterating its importance. It serves as your guide, a map that will help guide you as a car wash owner. Some startups do away without it because they think they only have a small backyard business anyway.
Is it ok for a car wash to rake in cash?
Another mistake that startups make is not taking the financial side of things seriously. As long as their car wash is raking in cash, it’s A-ok for them. But this should not be the case. You yourself should be aware of your cash flow, expenses, and other monetary issues.
Is it easy to start a car wash?
We never claimed that starting a car wash is easy – because it isn’t. Along the way, you’ll encounter difficulties, which, if you are not prepared for, can ruin your chances of success.
What is DetailXPerts?
DetailXPerts, the world’s first eco-friendly auto and truck wash franchise, has effectively harnessed the power of steam for washing and detailing vehicles. Our patent-pending method uses 99% less water than our competitors, yet delivers superior clean and shine all the time. This unique selling proposition combined with our unbeatable support and training are the reasons behind our franchisees’ success. Isn’t it time you discover the possibilities?
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 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.
What is Team Blue?
Team Blue is a ground-floor franchise opportunity built on a solid foundation and well-positioned to become the first national car wash franchise brand.
What is CAP Solutions?
CAP Solutions has taken the lead in bringing a long-needed professional approach to the auto detailing industry. We manage Detailing Departments in car dealerships to the benefit of the dealerships, and their customers. The dealership saves time, raises quality, cuts down cost, and increases customer satisfaction.
What is no H2O?
No-H2O is a waterless car-cleaning product that is unrivaled. It can be used on the exterior, interior, windows and on all levels of dirt from light traffic film to heavy road grime. Our scratch free formula leaves an amazing polished finish and has been approved by Boeing and Airbus for use on commercial aircraft.
How much does it cost to buy a car wash franchise?
Cost of Buying a Car Wash Franchise. The average cost to buy a car wash franchise is around US $40,000 and could go up to US $300,000. A Mobile car wash franchise could cost you in the range of $30,000 to $100,000.
What is disclosure information?
Disclosure information documents consists of information about the company and its operations in details. Company’s existing franchise locations across the nation, itemized listings of everything you will get as a franchise owner and how much will be cost of opening a new car wash franchise.
What is car wash business?
A facility where car cleaning and other automobiles are washed both exterior and interior in exchange of money is known as car wash business. Car washes can have a single washing bay or multiple, it can be self-serve, hand car wash, Auto wash , or full-service with attendants who wash cars and other vehicles.
How much is the car wash industry worth in 2019?
The total market size in terms of revenue of the Car Wash & Auto Detailing industry is projected to be US $11.8 billion in 2019. The market size of the car wash industry is expected to increase by 2.1% in the year 2019 which shows that the demand for car washing in the US is growing.
How much does it cost to wash a car in a car wash?
The average cost of getting your car washed in an in-bay car wash is $6.34, which yields an average profit of $4.35 per wash while the average cost of a car washed in a tunnel or conveyor car wash is $15 per vehicle, which adds up to an average annual revenue stream of $686,250 for this type of facility but it needs much more investment compared to self-serve cash wash facility.
How much revenue does a self service car wash make?
According to the U.S. Census Bureau, the average monthly revenue generated per bay in a self-serve car wash is nearly $1,500, while an in-bay automatic car wash generates $139,000 of revenue per year and provides a net yearly profit of approx. $86,561.
How to evaluate a franchise?
Evaluate their business model and operations by carefully reviewing all of the details you are given about the company. If any of the company makes any public earnings claims, the Federal Trade Commission requires it to provide earnings proof in written. This information consists of income statements for various franchisees or audited and documented earning statements of a company as a whole.
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!
