There are many different types of car wash franchises to choose from. A growing segment of the market allows customers to have their cars washed where ever they are parked in a shopping center. Commonly referred to as the wash and shop model it also provides services at multi level car parks, hospitals or anywhere large numbers of cars are parked.
The first aspect required in the business is that a lease is negotiated to allow you to have a place from which to operate your business. This may already have been secured by your franchisor or it may be something that you would have some input into. All costs associated with establishing the Franchisees business within the center should included in the franchisee set up fees. So your investment should include the lease in a prime site, all the equipment required to wash and detail cars, car product solutions, the shop build on the site, a Point of Sale system, full training, hiring of staff, initial customers and ongoing support. A car wash business may seem simple and easy to run but the principals of traditional business still apply and need to be adhered to.
You must also decide if you are going to be actively involved in the day to day running of the business or if your business will operate under management. Running it yourself means you would make more money as your labour time would eliminate the cost of hiring someone to do that work whereas operating under management would free up your time to concentrate on other venture. It all depends on your investment goals.
Master Franchise opportunities may also available to you offering the benefits from the sale of Car wash franchises to a network of franchisees. As the Master Franchisee you would receive a profit on the sale of franchises and benefit from weekly franchise fees paid for support by your franchisees.The level of support offered from the franchisor to you will depend on the franchise being bought but should include assistance either through head office support or a franchise broker to conduct all franchisee sales for you. National advertising should also be included to generate leads from prospective franchisees who wish to buy their own business. With a system where franchise sales are handled, where sites are selected and negotiated on behalf of your franchisees, where support and training are ongoing both for yourself and your network of franchisees you can concentrate on building the business to benefit on an initial and ongoing basis from the revenue generated.
By Sanam Ali