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
disinfecting cleaning services Arlington Heights ..While there are few career paths that some would call... Read More
Incredible as it sounds, you have a goldmine of free... Read More
People will always stress that having a well researched business... Read More
Why are we over regulation the franchising industry, what purpose... Read More
It is not surprising that some people may perceive Six... Read More
If you're an entrepreneur responsible for your own small business... Read More
How many "get rich schemes" have you joined? Or have... Read More
Grow your Professional Organizer business by branching out into related... Read More
Am I the only one that does not have an... Read More
"The way to develop self-confidence is to do the thing... Read More
Most small business owners seek advisors who can help them... Read More
If you are looking for a way to own your... Read More
I have a confession to make. My name is Caroline... Read More
SBIR Corner: FFP vs. CPFF contracts:In the SBIR/STTR world, the... Read More
One of the most common issues that comes up for... Read More
If small business had no important outside audiences, it wouldn't... Read More
By outsourcing to skilled professionals you'll be able to grow... Read More
Everyone is talking about small businesses. In 1993, when it... Read More
Pet Transportation Services are needed as the number of pets... Read More
What's your job profitability? I meet with business owners every... Read More
Those who are in the pressure washer business should not... Read More
If you're looking for start-up capital for your business, but... Read More
Starting the blind cleaning business is one of the best... Read More
If you run a mobile car wash, mobile fleet washing... Read More
The Service-Disabled Veteran-Owned Small Businesses (SDVOSB) is a program that... Read More
bathroom cleaning service Mundelein ..Company mottos can easily be printed on a business card.Sometimes... Read More
Running a small business requires many skills. However, to do... Read More
Success is the desire of everyman on the face of... Read More
As an entrepreneur you can learn a lot by following... Read More
Do you sometimes find yourself just going "through the motions"... Read More
TACTIC #1 -- Never simply slash your prices, unless you're... Read More
In the world today, many people are further in debt... Read More
If you are worried about how many different business cards... Read More
Under the Securities Act of 1933, any offer to sell... Read More
Every employee would like to earn as high a salary... Read More
This morning, I went to take a short walk outside.... Read More
If you are a franchisee of a large franchise system;... Read More
Here are a few tips on how to hand out... Read More
Get maximum results with minimum effort. Sounds great doesn't it?... Read More
Cash flow. To stay in business, you've got to keep... Read More
1. Resolve to build a consistent network system.Since referrals are... Read More
Never underestimate the power of perception! Perception plays a major... Read More
I started working with another new client last week. He... Read More
It's just like a marriageTo expect a bank manager or... Read More
If you discovered the bottom line in your business depended... Read More
One of the great challenges for independent professionals and small... Read More
(Although this article is geared towards small business owners, the... Read More
With all the cabinet refacing business opportunities out there, you... Read More
The Federal Trade Commission out of the blue decide in... Read More
The American system of business management has been admired and... Read More
Small Business |