How profitable is a car wash?
The Houston Chronicle, reporting on a survey conducted by Auto Laundry News, a leading car wash industry publication, said that profits can range from $55,000 to $100,000 per year for a self-service car wash to $500,000 to $900,000 for a full-service business.
Is owning a car wash a good investment?
Among the many advantages to owning a car wash, one of the most attractive to new business owners is the amount of profit one can generate. Small-scale, self-service car washes average just over $40,000 per year in profit while larger luxury car washes can net owners more than $500,000 per year.
Do self service car washes make money?
Self-service car washing is still vibrant and profitable. … The investment threshold to refurbish self-service bays is much lower than other forms of wash facilities. Although in many urban settings, the financial return indicates that stand alone self-service carwashes do not cash-flow for the short term.
How many cars do car washes wash a day?
An estimated 8 million vehicles a day are washed at car washes. 4. Approximately 65% of car wash stations also dispense gasoline.
How much does a car wash owner make a year?
Annual car wash income is difficult to estimate because it depends on the type of car wash you own, how much you charge per vehicle, and your recurring expenses. One estimate for in-bay automatic car washes puts the average car wash owner’s annual income at around $86,500.
Are car washes bad for your car?
Sadly, the answer is potentially yes. While some types of car washes are worse than others, any time you wash your car—even if you are carefully hand washing it—you are essentially applying an abrasive and/or harsh chemicals to the paint finish and the risk of swirls and scratches in the finish is always there.