Question: Is Owning A Self Service Car Wash Profitable?

Should I buy a car wash?

Owning a car wash can be profitable, as long as you have done your homework and properly price each wash.

Although different types of car washes will require a different type of initial investment, expect to pay a minimum of $80,000 per bay.

Obviously, costs will scale up for larger operations..

How much profit does a car wash make?

On average, an in-bay automatic car wash generates $139,000 of revenue per year and provides a net yearly profit of $86,531. The average cost of getting your vehicle washed in an in-bay car wash is $6.34, which yields an average profit of $4.35 per wash.

What is a good traffic count for a car wash?

Peak traffic count should be between 15,000 and 25,000 vehicles with traffic speeds between 25 and 45 miles per hour. This will provide the necessary traffic density to support the business, while also allowing vehicles a good long look at the facility and the time to safely decelerate and turn-in.

How often should cars be washed?

every two weeksHow Often Do You Need To Wash Your Car? As a general rule of thumb, it’s important to wash your car at least every two weeks. Obsessives will do it every week, or sometimes more frequently. Additionally, irregular dirt such as road salt and bug guts require immediate attention to prevent paint or metal damage.

Do hand car washes make money?

“The Start Your Own Business Bible” estimates potential earnings for a car wash start-up at $75,000 to $250,000. The average salary of hand car wash owners in the U.S. was $30,000 in 2013. Owner salaries come from the profits their businesses earn.

How do I start a carwash business?

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. Try to get a feel for the local car washes in the area. … 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 start a successful car wash business?

5 Secrets of Successful Car Wash BusinessesKnow What You Don’t Know. … Ask for Help. … Select the Best Site Possible. … Know Your Competition. … Choose the Right Manufacturers and Suppliers.

How many car washes are there in the US?

80,000There are approximately 80,000 professional car wash locations in North America, and nearly the same number in Europe, according to estimates from the International Carwash Association.

Is car wash a profitable business?

Among the many advantages to owning a car wash, one of the most attractive to new business owners is the amount of profit one can generate. 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 type of car wash is most profitable?

Full-service involves more time and money than the others, but will offer you a higher return in profits. Full-service washes are more ideal for higher-end neighborhoods due to the higher cost. Exterior-conveyor car washes offer the second highest income and will require maintenance for the machinery.

Are car washes bad for your car?

Is an automatic car wash safe for my car? Naturally, the reason for getting your car washed in the first place is to remove dirt, debris, and other contaminants that can harm your vehicle. If left untreated, those contaminants can cause corrosion to the metal (rust) and damage to your paint.

How many cars do car washes wash a day?

An estimated 8 million vehicles a day are washed at car washes. 4. Approximately 65% of car wash stations also dispense gasoline.

How much does it cost to run a car wash business?

Each type of car wash will have different equipment and land requirements and, hence, a unique budget. 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.