Businesses are now getting more popular. It is known to be the best way to earn money without doing any hard work. Because of this, there are now a lot of small businesses that opened up. This means that you will have to compete with a lot of business owners if ever you want to enter the world of business. Luckily, there are still some businesses that only have a little competition. One of it is a Car Wash. It is also a good business opportunity because of the unending growth in the number of cars in the world. But the question is how much does it cost to open a car wash?

Average Cost to Start a Car Wash

Owning a car wash is really a profitable business. However, you will need to invest a lot of money whenever you are planning to open one. The investment you will need will also depend on the type and the size of your planned car wash. You will also need to consider the land, whether you already own a vacant lot or not. The average time that it takes to completely build a car wash is around 6 months. This means that you will need extra money during the building of your car wash. Keep in mind that you are still not earning money during this time.

So how much does it cost to open a car wash? Some cost of starting up a car wash may be a little similar from one location to another. The only thing that can either add up or lessen the total cost are the factors that could affect it. These factors depend on where you will open your car wash. If you already own a vacant lot where you will build your car wash, you should expect to invest around $100,000 capital.

On the other hand, the cost to start a car wash would run around $80,000 per bay if you don’t own a land. This already includes the cost of the land and the construction of the car wash.

So what are included when you are building a car wash? Here is the list of the inclusions:

• This is only for people who doesn’t own a land yet. The best lands to buy are those that do not have any structures on it. But if the land you bought has pre-existing structures on it, then you will have to factor the cost of tearing down the structure and debris removal. You will also have to consider the location of the land. The best location for car washes is on busy streets. However, the cost of the land in this area may be more expensive. Buying a land usually cost around $3 per square foot and this varies from one location to another. Average car wash owners usually spend $100,000 up to $250,000 for the land alone.
• Your total cost to start a car wash also includes the site work. And this greatly varies on the size and type of your car wash. BizBen gives you information on what are the types of car washes that you can build. The average size of a typical car wash usually runs around $1,000 square feet, but there are some that exceed more than $2,500 feet. It may be best to build a small car wash first, but a lot of professionals recommend you to build a larger car wash. The reason for this is that you can expand your business whenever it becomes very successful. Average money spent on site work usually runs around $75,000 up to $200,000.
• Another factor that you should need to consider in opening a car wash is the equipment needed. The average cost of car wash usually runs around $30,000 up to $40,000 per bay. The cost depends on the brand, the type of equipment you want to have, and the type of car wash you want to build (Automatic or self-serve). Dultmeier Sales is a popular website that sells equipment for different types of a car wash. Average car wash owners spend around $400,000 up to $500,000 for the complete equipment of their business.

Other inclusions:

• Permits, architectural engineering, traffic studies, and appraisals can cost around $50,000 up to $100,000.
• Other site works such as earthwork, landscaping, asphalt, and foundation can cost around $200,000 up to $300,000.
• Electrical and Plumbing can cost around $350,000 up to $500,000.
• The security system can cost around $5,000 up to $15,000.

Tips for a Successful Car Wash Business

Now that you have an idea on how much does it cost to open a car wash, the next thing you should know are the tips on how to make your business successful. Here are some tips:

• This is one of the most important things to consider if you want to make your business successful. You should need to consider the area where you want to build your car wash. The best way to know if your location is suitable is by driving around the area. You should check the traffic, other businesses available, and the competition.
• This is another factor that you should consider for a successful business. If your location doesn’t have any competitions available, then you don’t have to worry about this. But if it has competition, then you should be careful. You should really pay attention to your competitors and make sure that your service is far greater than theirs.
• Doing a thorough research about car washes is another great way to make your business successful. You should research a lot of successful car washes and learn how they do things in their way. This is one good tip, especially for people who have just started a business. You should search about their operations, policies with the staff, their equipment, and their customer management.

Type of Car Wash. The type of car wash can also be a factor in having a successful business. Building the right car wash in the area to supply the needs of the customer is the best way to make your business a successful one.

The post How Much Does it Cost to Start a Car Wash appeared first on Cost Aide.