The profitability of an individual car wash operation can be influenced by a host of factors. These include, but are not limited to, location, intensity of competition, the appearance and durability of your car wash structure and surroundings, services offered, quality of equipment, cleanliness of the site, merchandising and supervision. The rates charged per minute of operating cycle is also a major factor in determining the income producing ability of your operation. As a general guideline, recent industry surveys have provided the following averages for monthly income.
| Average monthly income: per automatic bay ............................$5,500 per self-serve bay .............................$1,200 per vacuum.........................................$250 in-bay gross for vending ......................$400 |
| Past experience has shown that operating expenses as a percentage of your total gross income can be estimated as follows: Electricity ...........................................3.6% Gas .....................................................1.5% Water/Sewer .......................................7.0% Chemicals ...........................................6.0% Vending Products ................................1.7% Softener Salt .......................................0.5% Attendant Labor ................................ 11.0% Replacement Parts ..............................2.0% Bookkeeping .......................................0.5% Mud Pit Pumping ................................1.0% |
Fixed costs will vary dependent upon your own personal financing alternatives, your choice of bay equipment and options, such things as insurance coverage and your local tax structures.
Pro Equipment can provide feasibility reports and financial projections catered to your specific needs for use in bank or investor presentation. These reports are prepared by our financial professionals from specific demographic information provided by you.
The preceding averages should be used as guidelines only and should not be taken as a representative of actual results.
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