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Jul 23, 2024 · First, we examined the investment required for 5 popular car wash franchises representing together 230 real car wash businesses, as a metric to gauge the costs of what starting a non-franchise car wash would actually cost. On average, for a standard full-service car wash, owners invest between $1,500,000 and $3,000,000 upfront.
Dec 12, 2023 · State of the art facilities and diverse profit centers. Tommy's Express. $50,000. $2 million (net worth), $1 million (liquid capital) 300 point process for franchise development. Prime Car Wash. $50,000. $3.5 to $6 million, $1 million (net worth), $300,000 to $500,000 (liquid capital) Interior lounge with coffee and snacks.
- March 2, 1988
Jul 25, 2024 · The initial franchise fee for an automatic car wash franchise like Tommy’s Express can range from $40,000 to $70,000, with total startup costs ranging from $1.5 million to $2.5 million. The truck washing industry is a niche market within the car wash industry that caters to larger commercial vehicles.
Jan 9, 2024 · For instance, an automated car wash system can cost anywhere from $100,000 to $250,000. Regarding the budget per square meter, you can expect to pay around $1,200 to $4,500 per sqm for a car wash, depending on the type and location. Construction and customization of the car wash facility are other significant expenses.
Jul 23, 2024 · Self-Service Car Wash: On average, these car washes generate around $40,000 to $100,000 in annual revenue. The lower operational costs make them profitable despite the lower revenue per wash. Automatic Car Wash: These facilities can generate between $200,000 to $500,000 annually.
Sep 4, 2024 · Tommy’s Express is one of the top car wash franchises in the world because of its proven business model. Franchisees benefit from car wash marketing, economies of scale, and a large network of franchise business owners. • Franchise units: 175. • Initial investment: $4.9M to $9.3M. • Initial franchise fee: $50K.
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According to IBISWorld, the Canadian car wash industry has a market size of $1.3 billion, and this is expected to increase by 1.5% in 2023. Experience has shown that car-wash trends are closely linked to new car sales. So, with automobile investment strong enough to support motor vehicle registrations growing, the business outlook appears ...
