Small Business Guide - Small Business Resources
    (Add to Favorites  |  View All Articles  |  Resource Directory)

Self Serve Car Washes in the United States


In the 2003 Auto Laundry News Survey it was determined that only 10% of the Coin-op Car Washes had a web site. So if you are doing lots of individual research on car washes that are self serve, do not expect to find a lot of data on the Internet. Owners of coin-op car washes say that only 76% have internet access. The average population is 64% in the US. Not much better, so this low tech sector of the Industry seems to remain un Tech. Only 15% of coin-ops surveyed took credit cards for tokens, machines or even concession machines. Of which 17% only claimed to have concession machines, which most feel are 1/3 of their income if they had them. Only 4% had drinking water fountains. 13% had added an in bay automatic in the last five years. 51% had more than one location.

Today I visited 3 car washes that were coin ops owned by the same person. One had seven bays, another had three bays and one automatic, another had a car wash in front with 4 bays and an automatic and another car wash in the back with 4 more coin-op bays. All had attendants and machines. The survey seemed to follow the study of today. 68% said they were in middle-income areas. Only 7-9% had more than 5 car wash sites from 2000-2003 surveys and generally they were not all in only one city. Those with automatic in bay units found that those inbay units generated a gross of $5,435.00 and The average costs including Equipment was nearly $2,000.00, with the average breakdown time 2 weeks per year. 15 days. Best season was winter for the industry. Spring was also considered very good. Noon to 7 pm were the best hours. Busiest day of week was Saturdays. Only 18% have attendants. 43% had part time attendants and mostly on weekends. Average monthly gross income per bay was $1300.

The units we visited today seem to be inline maybe slightly higher than this of the Auto Laundry News Survey. All surveyed said that 2002 they made less money than previous years, which would make sense due to the lesser amount of personal monies, less money flow in this recession and lower employment figures. Also things, which plague the industry, were droughts and water shortages, restrictions and public perception about water. 20% of all owners of coin-ops are thinking of building another one. 27% said they did have other self serves in their car wash area of marketing.

Average coin-op being built cost $226K in equipment and $300K in land and improvements. This is why we are not interested in talking to poor people who think they want to build a car wash and think they will not have to work once built. We have talked to people wishing to build car washes with $30,000 down payment and think that they can build it for $45,000 I have to tell you judging by what we have learned and this survey you would not even be close.

Even with an SBA loan you need 20% down, so you would need $100K to do the deal if everything went right in most cities of any population base worthy of a good volume business. The Survey had some interesting thoughts, which said the average vacuum coin-op made $.20 per minute and each bay made $.38 per minute. We hoped you enjoyed this review of the survey to get the actual survey go to the Auto Laundry News Magazine web site.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs


MORE RESOURCES:

News provided by Yahoo! News and Google News

Judge tells American Express it can't bully small biz - Crain's New York Business

Crain's New York Business

Judge tells American Express it can't bully small biz
Crain's New York Business
Judge tells American Express it can't bully small biz. The court decision could give merchants more leverage to cut costs. Last week, Costco Wholesale Corp. and JetBlue Airways Corp. ended their relationship with AmEx. Article; Comments. Print; Email ...

and more »

Small Business Economy Continues To Grow Modestly
NEW YORK, Feb. 23, 2015 /PRNewswire/ -- Newtek Business Services Corp., (NASDAQ: NEWT), The Small Business Authority ® , announced today the release of the SB Authority Index of small business indicators ...

GST red tape hurting business, economy
Australia's GST red tape is among the most complicated in the world, stifling small business and hampering the economy, a new report says. The current system requires business owners to sift through every single transaction and justify any items that did not attract the GST, using one of eight categories to explain why. With 44 per cent of goods and services not attracting the tax, that's a lot ...

Small Biz Sentiment Slips In January - Advertising Specialty Institute (press release)

Advertising Specialty Institute (press release)

Small Biz Sentiment Slips In January
Advertising Specialty Institute (press release)
Weighed down by worries over inventories and investment, U.S. small businesses were less optimistic in January, according to a closely-watched survey released this week. New data from the National Federation of Independent Business (NFIB) showed ...

Lt. Governor on pro-business legislation: 'We're on the cusp of changing our ... - Albuquerque Business First

Albuquerque Business First

Lt. Governor on pro-business legislation: 'We're on the cusp of changing our ...
Albuquerque Business First
Lieutenant Governor John Sanchez has seen his share of Santa Fe legislative sessions, but he thinks this year could be different. "I think we have a really good chance to pass meaningful legislation and change the culture of the state in terms of the ...

AIR MILES for Business celebrates Canada's outstanding entrepreneurs at the 2015 Small Business Achievement Awards
Congratulate Canada's rising small business owners recognized for their outstanding achievements in a variety of categories TORONTO , Feb. 23, 2015 /CNW/ - Today, the AIR MILES ® Reward Program is proud ...

'Small Business Basics Series' begins in March
UTICA -- The Small Business Development Center is presenting a “Small Business Basics Series”, a course for entrepreneurs and existing small business owners. Six stand-alone modules plus available one-on-one counseling qualify for a Certificate of Achievement in Entrepreneurship. The location is SUNY Polytechnic Institute, 100 Seymour Road, Utica, NY, Donovan Hall.

Fla. lawmakers propose small biz sales tax holiday - First Coast News

First Coast News

Fla. lawmakers propose small biz sales tax holiday
First Coast News
A link has been posted to your Facebook feed. Join the Conversation. To find out more about Facebook commenting please read the Conversation Guidelines and FAQs. Fla. lawmakers propose small biz sales tax holiday. If two state lawmakers get their way, ...
House bill offers small biz tax reliefTire Business

all 22 news articles »

GST burden killing small business
Politicians and central bankers scratching their heads wondering why businesses aren't investing ought to speak to Sydney hairdresser Penny Martin. Ms Martin decided to work from home instead, letting five employees go and turning down clients to keep her annual revenue below $75,000 - all to avoid GST paperwork. "I have purposely scaled down my business for that very reason, because it's all ...

SurePayroll Small Business Scorecard(R): Small Businesses on the Hunt for New Hires
Small businesses are undergoing a major change in their approach to hiring, according to February 2015 SurePayroll Small Business Scorecard. While a year ago their primary concern was the cost of salary ...

Home | Site Map | Privacy Statement | More Articles
© 2006