Owning a car wash sounds super cool on paper. Whether it’s a washing and detail shop, or a travelling fleet car wash service, being the president of your own car-washing business can be an incredibly successful endeavor. However, before you assume this industry is all smiles and rainbows, there are a few things you need to keep in mind.
This video shares 6 reasons why the logistics of owning a car wash are more complicated than they may seem on first glance.
Car washes are excellent for passive income over time, but it is going to take you awhile to get there. Depending on how much money you poor into your different locations, your business could soar or flop in a matter of months. Additionally, you need to align your demographics with the type of car wash you are opening up. Don’t open up a touch-less high-tech wash in a place with a small economy, and don’t open a brush-heavy wash in an area with tons of high-end cars. Finally, it costs much more than you think to have a successful car wash. The equipment and location of a car wash can push you above a million dollars.