Opening a car wash business, just like other businesses, requires a good amount of investment, planning, right location, effective marketing, and top-notch service in order to be profitable.
Even if you, as an prospective investor, know some experience on it, it is important to make first a research on the current market trends and technologies used in the car wash operation, so you are updated on it and get a good in-depth understanding of the industry, before investing on it; therefore, visit car wash shops and figure out the type of car wash services at http://cldetailing.com/ offered, such as self-service, automatic, water-less, full detailing, etc. If you have found a location for your car wash business, find out within a 5 mile radius from your location who are your future competitors in your area, and take note of the following: who are your competitors, what are their services, how much do they charge, how do they advertise their business, and the frequency of customers.
By producing a detailed business plan which has the following contents: introduction, market analysis, company description, organization and management, marketing and sales strategies, product/service, equity investment and funding request, financial information, this will be an important requirement to get financing for your business. Bring your business plan with you when you’re looking for financing, which can be secured through bank financing, business loan, or through private investors, and convince them on the viability of the business, bearing in mind that the start up cost of investment for a car wash is between $100,000 – $400,000.
Choosing for a good location for your car wash business must be a location near a shopping center, a residential area with a high traffic flow, accessible from the road, space allowance for expansion and for cars to line up. Visit http://cldetailing.com/full-service-car-wash/ for some inputs.
As in any business requirements, you will need to secure the following requisites for your car wash business: permit or license to open a car wash business, federal tax identification number, sales tax license, income tax withholding, and unemployment insurance tax.
Even if there are different types of car wash, like full service car wash, self-service car wash, and automated car wash, and the kind of service offered, basically, these are the needed equipment in a car wash operation: washing system devices (pressure washer, conveyor, self-service equipment, mobile wash systems), chemicals (cleaning solutions, wax, spot free rinses, protectants, presoaks, etc.), dryers, blowers, vacuums, brushes, towels, compressors, pumps, and a water system (boilers, water heater, water filtration, extractor, etc.) and billing system.
There are several marketing strategies to advertise your business, such as flyers, posters, online advertising, distributing coupons or discounts can really help, as well as installing an attractive signage for people to see from the road and developing business relationships with adjacent stores near your location.
Hire employees that have these qualities: punctual, efficient, skilled and excellent communication skills for interacting well with customers and co-workers.