Are you thinking of putting up a self-service car wash business? If you are, then you’re in for excellent ROI with high profits! A car wash can provide you with a reliable income stream that requires relatively less hands-on management. Additionally, there’s a high demand for this type of service.
Before you run a coin-operated car wash, however, you need to consider the recurring costs of running one. These will include:
Water
How can you run a coin-operated car wash business if you don’t have water, right? Consider your water supply as one of your most significant recurring expenses in this type of business. Your water bills may skyrocket, especially during the summer, so be prepared for that monthly water bill.
Electricity
Same as with your water, you need to pay your electricity regularly. Keep in mind that the more cars you service, the higher your electricity bill will be every month. Therefore, you need to ensure that your services are priced right to cover costs while still turning a profit.
Preventative Maintenance
Preventative maintenance is crucial for coin-operated car washes. Ensuring that everything is working in good condition to prevent future problems will keep your car wash operations optimal. Therefore, preventative maintenance is one of the recurring costs you need to make room for in your budget since you need to schedule it at least twice a year.
Make the most out of your preventative maintenance by having a complete checklist of the tasks that you perform regularly. This will allow you to stay on top of things and ensure that everything’s working properly.
It’s also essential that you familiarize yourself with your equipment and chemicals. Learn how they function so that you can manage their use. When you do this, you’ll quickly pick up on problems that may arise
Cleaning Chemicals and Equipment
You need a wide variety of cleaning chemicals for your car wash that will need to be replenished regularly. To ensure that you don’t run out, establish good relationships with suppliers so you can quickly contact them when you need to. Your supplier may also provide you with favourable payment terms for the products that you purchase.
Setting aside a budget for cleaning chemicals is crucial. To do so, you need to conduct an analysis and consider crucial factors, such as demand, peak times, and the most frequently used products.
As for the equipment, you might need to replace certain types of small equipment, such as brushes and wipers. These tend to get worn out in a couple of weeks, so investing in high-quality products can help you keep your expenses low.
Conclusion
A self0service car wash can indeed be a lucrative business, but only if you manage it well and make good financial decisions If you want your business to be a success, remember to carefully plan for the recurring costs, maintain good relations with your suppliers, and invest in quality products.
Do you need help setting up your self-service car wash? Here at CCWSolutions, we have over 40 combined years of experience in building car wash facilities. Send us a message to get a free quote today!
