Friday, September 18, 2020

The Car Wash Business is on the Rise

The car wash business is definitely on the rise and the main reason behind its escalation is the rapidly growing franchisee outlets. More and more people are investing in the same. There was a time, a decade ago, when most of the market’s money was invested in the Automobile industry. Most people were investing in the automobile franchises and dealerships.

Now, as the market’s tone is changing, new investors are looking for a safer bet. They require something new, exciting and profit-gaining.

Car Wash Franchisees are up for Grabs:

When we talk about the car wash franchisees, the first thing to come to mind is whether they are worth the risk? How will they be received in the market? Will they gain back the investment? The answer to all these questions:

  •       Start-up Branding.
  •       Training at franchisee location.
  •       A complete design facility which saves extra cost.
  •       First Car Wash APP.
  •       Branding and marketing initiatives.
  •       Online presence through google maps and Ad Word.
  •       State of the art equipment & service.

Apart from these supportive actions offered by the Owner Company, the franchisee holders also get the benefits like:

·       Detailed Operation manuals and processes.

·       Profitable, sustainable and scalable business.

·       Franchisee will get complete guidance and training to run their outlets.

·       Good return on investment.

When there is new money in any sector of the trade, it welcomes new ideas and innovations as well. This is needed to improve the economy of the country, as well.

Here’s a plan by one of the Car Wash Business already excelling in the industry.

·       Want to expand: Nationwide.

·       Exclusive territorial rights to a unit: Yes.

·       Performance guarantee to unit franchisee: No.

·       Anticipated percentage return on investment: 100%.

·       Likely payback period of capital for a unit franchise: 1 year.

·       Other investment requirements: No.

One should choose such a business plan that offers a transparency about the contract, products, services, the investing amount, any cut-offs and so on.

Owning a car wash franchisee means owning a business of your own. You own a brand that is already established and well-known in the market. It already has captured and formed a platform of clients. This enables already existing customers to come to your outlet.

Many of the car washing outlets in the country do offer a franchisee, but then that’s it! No technical support, or training about the machines. The most vital aspect of joining in with an already established brand is; getting the precise information, training, warranty details, output, and price range of the machines and personnel.

One point to look out for in the contract and renewable part. The franchise model should have these terms clearly mentioned and with the consent of both the parties.

The car wash business is definitely booming, as the millennials really take care of their cars and also spend on getting the car washed and detailed from time to time. This is definitely the new trend. But trust us, this trend won’t fade out any time soon!

For more ideas and advices, visit https://www.exppresscarwash.com/.

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