Finimpact

FAQs

Is a car wash a profitable investment?

Car washes can be great investments and offer a variety of services which make it a great business for scaling. With low overhead and high customer volumes a car was can be a great investment.

How much does it cost to invest in a car wash?

Car washes can range in cost depending on the level of services you are providing. Costs gathered from Car Wash Advisory show investment from $2 million to possibly over $5 million. This cost may decrease if looking at self service or mobile services. 

What’s the typical return on a car wash investment?

SharpSheets estimates a typical ROI on car washes anywhere from 10%-20%

Should I invest in a car wash business?

As a business owner it is up to you to determine the investment, forecast, risk and determine whether a car wash is an appropriate business to generate the return you are seeking.

About the Author

Kal Salem

Kal Salem

MA Accounting - Arizona State University

A CPA and finance professional working with small businesses to educate owners and grow alongside their businesses. Kal started his career in public accounting supporting SEC, regulatory, and both internal and external audits. He holds a Masters in Accounting and a BS in Supply Chain Management. Owner at Salem CPA...

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