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
car service from Midway Burlington .. Lockport Chicago limo O’HareAs you may know, there are many ways to incorporate... Read More
If you're serious about wanting to start a business, the... Read More
One of the major complaints in the QSR Quick Service-Fast... Read More
I frequently give presentations at small business gatherings, providing me... Read More
If I had $1.00 every time I heard someone say... Read More
Many job applicants want a job but often do not... Read More
The FTC Franchise Rule maybe changed, as the Federal trade... Read More
If you're just ramping up your small business email newsletter,... Read More
Mobile carwashing is hard work, it is tough on the... Read More
Just as you are about to say "good-bye" to your... Read More
There are no "rules of thumb" in the pursuit of... Read More
When is it a good thing to say no to... Read More
Opening a carpet cleaning business is a great way to... Read More
Are you responsible for your results?What comes to mind when... Read More
Every home business has the same problem of how to... Read More
Quality control in franchising companies is paramount and all franchising... Read More
There is a continual trend we are seeing which I... Read More
"I don't know the key to success, but the key... Read More
Ok, you have successfully accomplished your dream of being the... Read More
Would it help you as a real estate investor to... Read More
The Boston suburbs seem to be rich with possible locations... Read More
You've been meaning to tend to the administration part of... Read More
Everything starts with a business plan: If you don't have... Read More
Which questions do you need to ask to even get... Read More
Most small businesses will not even try to advertise on... Read More
Granger limo Chicago ..The FTC- Mighty Federal Trade Commission has unilaterally decided to... Read More
There is much competition in the mobile auto detailing business.... Read More
It is an American dream to own a business. But... Read More
Sometimes when you run a business you feel as lonely... Read More
When you hear the word "success" does it bring on... Read More
You've been meaning to tend to the administration part of... Read More
Image of your franchise automotive outlet is so important. Some... Read More
Am I the only one that does not have an... Read More
Q: I have outgrown my home office and need to... Read More
First you have to start with knowing your budget and... Read More
A common hazard faced by new entrepreneurs is a lack... Read More
No matter type of business you operate you've got to... Read More
The start of a new year is a time for... Read More
How far away is the person you need to meet?We... Read More
E-mail and Internet use are integral parts of the typical... Read More
We all know how glorious those first warm days of... Read More
Purchasing a franchise has become one of the most popular... Read More
Why should you do informative talks to smaller groups?Informative talks... Read More
Here are a few tips on how to hand out... Read More
Washing the exterior of a truck. Sounds easy right? Well,... Read More
Just recently, I took a break and caught "The Return... Read More
We have all seen the mobile washing units cruising our... Read More
Outsourcing is the strategic use of outside resources to perform... Read More
BioTechs even with the latest news had shed over 1000... Read More
There will come a time in your business where you... Read More
Small Business |