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For a relatively low commercial business investment, you can achieve a comparatively high rate of return on your car wash investment. Excluding debt service and depreciation, a successfully maintained and managed car wash will net the investor more than 45% return. 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. |
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