Car Washes can be a “cash machine” if done right and in the right location. There are many variables to determine the business’ potential. We’ll analyze, for example, operating expenses and financial feasibility; as well as start-up costs through construction to Open For Business.
Car Wash Feasibility Studies are one of the most requested studies we’ve prepared over the years. Needless to say, we are very familiar with the main factors to analyze to determine viability:
- Optimal Location Analysis
- Site Visibility & Accessibility
- Traffic Count (AADT)
- Types of Wash System
- Sub-market Characteristics
- Pricing & Wash Packages
- Membership Plans
- Commercial Vehicles & Fleets
- Demand Drivers
- Financial Models & Projections
- and many more…
Our comprehensive feasibility studies allow the reader to make an informed decision at a high level.
Here is a brief list of what is included in the feasibility study:
- Zoning Compatibility
- Permitting Requirements
- Water Usage Regulations
- Water Recycling & Drainage
- Site Development Costs
- Hard/Soft Costs
- Penetration Strategies
- NOI, ROI, DSCR, IRR
Deliverable Timeframe
- Rush Job: Under 5 Business Days
- Land Analysis/Feasibility: Usually Less than 5 Business Days
- Pre-Feasibility Study: 5 – 7 Business Days
- Traditional Feasibility Study: 7 – 10 Business Days
- Comprehensive Feasibility Study: 10 – 12 Business Days
- Comprehensive Feasibility Study w/ Financial Analysis & Proformas: 10 – 15 Business Days
We welcome all inquiries and would be glad to discuss your feasibility study needs.
Tel: 1+305-780-4942 (Text Messages + WhatsApp = OK)