Investment
What you need to begin
The total investment necessary to begin operation of a Car Wash is between $3.5 million and $6 million. Generally, we require a minimum net worth of $1M and $300-$500k in liquid capital. This does not need to be individually. It can be a total for all partners combined with the franchise group.
A prospect will be provided the Franchise Disclosure Document during the “6 steps to ownership” process.
Average gross revenue
$ 2,417,113
Profit before other expenses
$ 859,926
Cars washed weekly system wide
10,000+
| Type of Expenditure | Amount Low | Amount High |
|---|---|---|
| Franchise Fee | $50,000 | $50,000 |
| Real Estate/Rent (5 months of payments) plus cost of building construction | $2,040,000 | $3,110,000 |
| Permits, Architectural, Legal and Accounting Fees | $140,000 | $180,000 |
| Furniture, Fixture, Equipment, Decor | $965,000 | $1,600,000 |
| Training | $3,500 | $25,000 |
| Grand Opening Marketing | $15,000 | $50,000 |
| Additional Funds (3 months) | $90,000 | $200,000 |
| Project Management | $20,000 | $30,000 |
| Insurance | $4,000 | $8,000 |
| Total Investment | $3,327,500 | $5,253,000 |