Tag Archives: wash

Businnes Plan

Car Wash Self-service Business Plan


Car Wash Self-service Business Plan


Auto Paradise, a dynamic start up company, requires $934 100 to set up a four-bay automated and two-bay self-serve car washes that provide outstanding car care services for the San Angelo community. Quality services that will exceed expectations will establish Auto Paradise as the premiere car wash service in San Angelo, Texas. Bobby and Vicki are offering $45,000, and are looking to raise additional $150,000. This represents 20% of company stock. Auto Paradise aims to offer the highest quality car washing, vacuum/shampoo and self-service car wash services. Auto Paradise also offers ATM services and sells reverse osmosis water (RO) on-site.

Auto Paradise has an excellent management team. He will be the President and Chief executive officer of Auto Paradise Texas Corporation (C). Mr. Lewallen has extensive leadership, management, and organizational experience. For the past 10 years, he served his country as an Army officer. He served for 10 years as an officer in the United States Army, including one year as a Brigade logistics officer and two as a commander of a company. As such, he assisted in planning, coordinating, and executing several complex missions.

Numerous studies have shown that San Angelo’s mild winter will promote steady year-round sales. Auto Paradise’s Avenue N location will draw local residents, Angelo State University students, and Goodfellow Air Force Base customers. Auto Paradise’s location will be at the intersection with two major roads of San Angelo. Direct competition is limited primarily to obsolete “tunnel” or friction car washes. Auto Paradise will boast the Laserwash 4000 “touchless, spot-free” system. Washing Equipment of Texas (WET) is located in San Angelo and will provide all equipment and maintenance support.

Auto Paradise should open within 90 days of receiving financing. Mr. Lewallen will offer several ways to invest at Auto Paradise.

  1. Company stock: Mr. Lewallen is offering 20% of company stock to investors: offering 1% of company stock for $7,500. This capital will enable Auto Paradise to open its first location. Auto Paradise expects to distribute $2,500 per 1 % share over the first 3 years.
  2. Secured Investments: Mr. Lewallen guarantees a 10% annual return over a 3-year investment. Mr. Lewallen is willing to secure these investments with personal assets/investments.

Mr. Lewallen will get an SBA loan from Compass Bank San Antonio. This is designed to ensure Auto Paradise’s success over the initial months. The $740,000.400 loan has two components that will help to build operating capital. First, the loan has a 10% (69,000 USD) construction contingency. The contingency will convert to operating cash if the construction costs match the estimate. There is also nine months of interim income that will defer payment for the long-term loan.

It is clear that Mr. Lewallen has the ability and willingness to spend substantial cash in starting this business. This is furthered because he does not depend on profits from the business for his personal needs during the first 6-12 month period. These factors will allow Mr. Lewallen the opportunity to expand to a new location within the first 2 years.

1.1 Objectives

1. Average monthly sales $28,000

2. Do you want to open another site?

3. Distribute a 33% (3,500/share) payment to the initial investors each year in order to recuperate initial investment.

1.2 Mission

Auto Paradise is dedicated to providing its customers the ultimate car care experience. Auto Paradise is committed to providing the best car care experience for its customers. It also provides excellent rewards for employees and owners.

1.3 Keys to Success

Auto Paradise, located near the intersection of San Angelo’s two main roads, will be open. Direct competition is limited only to #8220tunnel#8221 or friction car washes.

Auto Paradise will feature the Laserwash 4000 “touchless, spotless” system. Washing Equipment of Texas (WET) is located in San Angelo and will provide all equipment and maintenance support.


Businnes Plan

Car Wash Business Plan


Car Wash Business Plan


Opportunity

Problem

East Meadow long island and the surrounding area are very wealthy. Over 40% of its residents earn more than $70,000 annually. The residents have nice cars and want them look great. Five car dealerships can be found within a radius of three miles. They will all need car washing services. There are many local businesses that own company cars. They need to look clean. These potential customers require a car wash that meets their needs and fits their budget. That is what we will gladly do.

Solution

Soapy Rides is offering three services to its customers: exterior washing, interior cleaning, or detailing. Soapy Rides has no true competitors that are trying to offer a high quality service for a reasonable rate

Market

The area offers many benefits to the business in terms of its market. Nearly 40% of residents in the neighborhood make more than $70,000 annually. People living in the neighborhood either own or lease new cars. They are very proud of how they look. There are a large number of car dealerships in the area–five within three miles of the proposed location for Soapy Rides.

Competiton

East Meadow also has a hand car wash. It’s quite new and aims to compete with automated car washes through its low prices. However, it is not targeting the customers who seek quality cleaning.

Why Us

Soapy Rides is offering three services to its customers: exterior, interior, and detailing. Soapy Rides is the only company that offers a quality service at a fair price.

Expectations

Forecast

The business will be initially financed by a personal investment by Mark Deshpande and will finance growth through cash flow. Although the company will grow slower than expected, it will still be managed by Mark. In year three, it is hoped that the company will be able to open a second location. The company will seek equity or outside funding at this time.

Financial Highlights for the Year

Financing Required

Mark Deshpande is investing $40,000 to turn the location into car washing.


Businnes Plan

Auto Repair and Car Wash Business Plan


Auto Repair and Car Wash Business Plan


DIY Wash N’ Fix is a new concept in auto care. As evidenced by the rise of DIY housing suppliers, the Do-It Yourself (DIY), market is becoming more popular in America. There is still a need for DIY auto repairs. Currently, firms sell auto parts and tools but not the actual work. Therefore, our business idea is to provide a professional environment in which to wash, paint or repair your automobile. DIY Wash N&#8217′ Fix is a good idea because of the current economic slowdown. This could influence consumers to change their spending habits. Assuming someone has the required skills or the desire to learn auto repair, they will likely be inclined to use our facility to cut costs. The sales of after-market parts for autos has been growing, which shows Americans’ willingness and ability to fix their cars. The car wash industry is attractive, because it generates steady profits on little additional investment. A lot of the businesses in the carwash and auto repair industries are currently owned by retirees. This makes them a great place to make excellent acquisitions.

DIY Wash N&#8217′ Fix targets a particular market that wants to repair their cars but lacks the space or equipment. This market is growing because so many people live and work in urban areas that don’t allow for on-site car repair. The target market for our business is 90% of males between 18 and 55 who earn between $20,000 and $40,000 annually. These demographics are the reason we chose Texas, Florida, or California to locate our facility.

DIY Wash N&#8217’ Repair is a brand new and exciting concept. We estimate that it will be profitable. The fact that we are the first in this business gives us a first-mover advantage over any competitors that may follow.

1.1 Keys to Success

These are the key success factors of this industry:

  • High quality service
  • It is a good business practice.
  • Skilled workforce
  • Marketing efforts/information to customers
  • Modern technology has enabled the production of advanced equipment.
  • Awareness of environmental issues

These trends offer some reasons to believe that our business will succeed. We are seeing the American economy slow down and possible rising costs for our rivals (technology, labor environment, etc.). will facilitate the growth of the DIY business. Additionally, people may distrust certain repair shops due to their bad reputation. In terms of projected profits, the repair industry can be a great investment.

But, there are two main threats. First, people may not be able to repair their cars on their own due to the advancement in technology. There are laws in many states that require regular inspections of safety and emission levels. These will be required by traditional garages even for regular customers.

Car Wash Competitors

  1. Single-activity Car Washes: These are typically private-owned businesses which offer car wash service only.
  2. Multiple-activity car washes: they are chains that offer many services; for instance, AAA, a California based car-care facility, has recently announced the opening of a full-service car wash, in addition to its repair services, shops, free Internet access and children’s play area.

In terms of number, the multiple-activity car washes have a smaller pool. They are, however, more similar to our business process and therefore are considered the main threat.

1.2 Objectives

It is appropriate to discuss the risks inherent in our business model. Our plan assumes that there is a part of the population that can do basic repairs on their vehicles, but they are limited by lackof proper workspaces and the right tools. Appropriate pricing is an important factor in our success. This allows us to attract and maintain this customer segment. Unexpected expenses can be a problem in any business, so we need to plan for them.