Have you ever thought of owning your own car wash franchise business but were afraid of failing?
|Car Wash Business|
Often people fear to fail even before starting a business and the main reason behind their fear is incomplete knowledge about the respective business. An automatic car wash business can be a smart investment because there is a rise in demand for car washes in the cleaning industry. With lots of car running on the road, car washes are a requirement for maintaining the appearance of car exterior and protect the car paint from chipping and rusting caused by the oxidation process. With benefits, there exist many challenges for starting a car wash business including which type of car wash system to go for? What to do of the wastewater? How to dispose of it? What measures to take for making care wash business eco-friendly and many others?
How to initiate a car wash business?
Let’s have a look at the major steps you need to know before starting a car wash business.
Making a business plan for a car wash:
|Car Wash Business Plan|
A solid plan is a mandatory part of starting any business. It helps in bringing the vision of business to paper and then creating a layout of a step-by-step plan for converting business plan to reality. You will need this concrete plan for securing capital when approaching funds from banks or any potential investors. Always remember, for convincing a lender you should always have a concrete plan mapping everything related to starting and maintaining a successful car wash business. You will need this plan when finalizing the possible location with commercial agents and for further verification.
Points to include in making a plan for car wash business:
• Business description including services to offer to customers, target audience, market to capture and updated census data comprising a population of that respective area.
• Philosophy and goals of the business
• Any business specialties like car washing or car detailing.
• Previous work experience, ownership, and all working staff information.
• Business management
• Financial forecast including business profit.
• Objectives list of the business.
Apart from the points described above, don’t forget to include the reasons for the success of a business or any possibility of drawbacks. Add information which adds credibility to plan success for gaining the confidence of city planner and investors.
Research potential location for car wash business:
Location is an important factor while determining while setting up the outlet. Try to approach commercial real estate having the best location and then visualize every aspect of utilizing the place for car washing. Your layout of car wash outlet should be easily approachable, safe location and should be near to the main road so that it is easy for people to take their vehicle to the outlet.
After proper research work, you need to consider a few more things like:
• Busiest location of a particular area
• Zoning code
• The population of that place
• Traffic flow
• Total car count
Monitor competitors in the car washing industry:
Always have an eagle eye on your competitors by researching on their working strategies and since when they are into this business. This will help you in understanding their marketing pattern and rates prevailing in the market. After comparing basics, come down to the equipment used by them as this will help you in providing quality service which is the base of making loyal customers.
These are certain questions that you need to consider your competitors. To make competition healthy, pick a location which is not over-saturated with car wash business.
|Car Wash Budget|
What is the total budget? What is the fraction of investment from the total budget? How much will be the costing for starting a car wash business? You need to make all calculations related to finances that an individual need to secure including car wash construction, real estate property, car wash chemicals, maintenance cost, insurances, and many others. Ensure that you calculate and include all the budget and costings for starting and setting up the car wash business and then properly running it at a profitable margin. It can be a good idea to consult someone from car wash business so as to get a clear vision of the working pattern of business so as to sustain in long run. If you give a properly formulated plan of business with a solid revenue model and updated marketing plan, it brings confidence in you for convincing the investors for lending the capital required for the starting up of business.
Acquire Approval from zonal head:
The new business owners need approval from the zonal head before they can start off their business. it is essential to set up the meeting with heads and bring the business plan to table for discussion. Ask for verbal approval at the end of paper documentation, as this will help you in sharing proper gesture.
Decide the car wash type:
The car wash is a vast form of business so you need to first decide what type of car wash you want to start in your town. Some of the popular car wash systems include:
• Self-service car wash systems: this form of car wash system helps you in washing the car on your own, just the material will be provided by the car wash company.
• Automatic car wash system: this wash system includes touchless car wash machines which ease the car washing process by removing any manual need.
• Mobile car wash system: this is the form of car wash system in which a company sends their staffs to the car owner place and clean their car at the respective place.
Develop a strong marketing plan for car wash franchise:
After you are done with all decision, the end thing you need to focus on is marketing propaganda. You need to create an in-depth marketing strategy keeping in mind your respective target audience. Your marketing strategies should comprise of your opening ceremony, prices of the packages and offers you catering. Further review your marketing goals for determining the budget for advertisement and marketing. For advertisements, you first need to have a logo, sales collaterals, pamphlets and a website ready. Always prefer both media of marketing that is traditional and digital so as to reach a large section of the population.
If you are interested in the thought of owning a car wash business and the above-described points are relevant for you then you should step ahead to get a franchise of branded car wash business. reach us through our website and we will be more than happy to give you information regarding our car wash franchise.