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This investment is dependent on the type and size of car wash you decide to build and whether you already have the property lot or not. Building a car wash can take approximately six months to complete, so you need money for administrative and other business expenses for the time you are working but not making any revenue.
The cost of this lot will vary depending on the size and its location. Preferably, you want to find something on a busy street near a large department store, strip mall and several residential neighborhoods.
Because real estate in high-traffic areas is more expensive, expect this type of property to be more expensive than in other areas but also more profitable. Although this cost varies significantly from location to location and state to state.
Construction Cost The car wash cost is also influenced by the construction size and type. The average construction is about 1, square feet. Although cost is a factor when deciding on the size of your construction, a more important consideration should be your potential growth.
It is best to start with a construction facility larger than your needs, as this gives you room to grow or expand into other areas within the car wash industry. To get a better idea of the cost of construction, consider using prefabricated car wash construction builders, or consult local architects with car wash building experience to get an estimate on construction.
Under-building your car wash results in a longer time for you to recoup your initial investment and opens an opportunity for a competitor to take away your customers by building a larger and nicer facility. Find Your Equipment To plan your budget as accurately as possible, consider the costs of equipment.
The cost of this equipment varies depending on the brand, the type of equipment and whether you are building an automatic or self-serve car wash. The best way to assess the equipment cost is to contact various local equipment distributors and compare prices for the equipment you want.
Contact distributors through websites like Car Wash Network. Also look through trade magazines such as "Auto Laundry News" or "Professional Distributor" to find equipment options and distributor options.
Cost Estimate A car wash involves the cost of the lot, equipment and building construction.The Home of the 4 Hour Investor Grade Business Plan. Faster investor quality documentation using HyperQuestions.
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