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CAR WASHCAR WASH
MODEL BUSINESS PLANMODEL BUSINESS PLAN
Sanam Ali
NEW VENTURE…..NEW VENTURE…..
Why have you chosen this business?Why have you chosen this business?
What do you need to know?What do you need to know?
Working through a template will bring youWorking through a template will bring you
the information you need to decide if thethe information you need to decide if the
business can be successful – and how tobusiness can be successful – and how to
make it successfulmake it successful
22Sanam AliSanam Ali
KNOW THE INDUSTRYKNOW THE INDUSTRY
 What are the strengths and weaknessesWhat are the strengths and weaknesses
of the car wash industryof the car wash industry
 What factors are affecting it at this timeWhat factors are affecting it at this time
 Where are the marketsWhere are the markets
33Sanam AliSanam Ali
 How many competitors are thereHow many competitors are there
 How much will it cost, where will theHow much will it cost, where will the
funds come from, what are the financialfunds come from, what are the financial
dangersdangers
 What staff will you needWhat staff will you need
44Sanam AliSanam Ali
WHAT KIND OF CAR WASHWHAT KIND OF CAR WASH
Decide on the car wash concept that suitsDecide on the car wash concept that suits
you and the funds available…you and the funds available…
 Stand alone manual and automaticStand alone manual and automatic
 Hand wash – maybe franchiseHand wash – maybe franchise
 High tech facility with all the latestHigh tech facility with all the latest
equipment and servicesequipment and services
 Add-ons like dog wash, detailingAdd-ons like dog wash, detailing
55Sanam AliSanam Ali
THE TARGET MARKETSTHE TARGET MARKETS
 the location choicethe location choice
 the target customersthe target customers
 the growth potentialthe growth potential
66Sanam AliSanam Ali
THE MARKETING PLANTHE MARKETING PLAN
 how do you bring customers to the carhow do you bring customers to the car
washwash
 how do you ensure that they come backhow do you ensure that they come back
again – a regular habitagain – a regular habit
 how do you increase the “spend”how do you increase the “spend”
 how do you attract more customershow do you attract more customers
77Sanam AliSanam Ali
OPERATIONSOPERATIONS
Having decided on what you want to do,Having decided on what you want to do,
more detail is needed…more detail is needed…
 what equipment will you start withwhat equipment will you start with
 what chemicals will you usewhat chemicals will you use
 what staffing and management structurewhat staffing and management structure
88Sanam AliSanam Ali
FINANCIALSFINANCIALS
The sticky bit, nothing must be left to chanceThe sticky bit, nothing must be left to chance
 find a similar financial model to yoursfind a similar financial model to yours
 knowing your site & your target markets,knowing your site & your target markets,
adjust the budget income and expensesadjust the budget income and expenses
 list all the capital expenses, howeverlist all the capital expenses, however
small – signage, planning permits, plantssmall – signage, planning permits, plants
99Sanam AliSanam Ali
THE CAPITAL RISKTHE CAPITAL RISK
 how much money will you borrowhow much money will you borrow
 how much will you invest of your ownhow much will you invest of your own
 what will happen if you don’t reach yourwhat will happen if you don’t reach your
budgeted income levels, what adjustmentsbudgeted income levels, what adjustments
can be madecan be made
 what are the exits costs – the worst-casewhat are the exits costs – the worst-case
scenarioscenario
1010Sanam AliSanam Ali
CONFIDENCECONFIDENCE
it takes time to complete a business plan butit takes time to complete a business plan but
 it will give you the answers you needit will give you the answers you need
 you have faced up to what might happen ifyou have faced up to what might happen if
its not as good as you hopedits not as good as you hoped
 you have a model to work withyou have a model to work with
 it gives you confidence to make decisionsit gives you confidence to make decisions
 it gives lenders confidence to lend to youit gives lenders confidence to lend to you
1111Sanam AliSanam Ali
ANOTHER BENEFITANOTHER BENEFIT
 a detailed business plan covering alla detailed business plan covering all
these topics has been developed forthese topics has been developed for
ACWA members and for equipmentACWA members and for equipment
suppliers to give to potential new carsuppliers to give to potential new car
wash investorswash investors
1212Sanam AliSanam Ali

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Sanam Ali – Car Wash Model Business Plan

  • 1. CAR WASHCAR WASH MODEL BUSINESS PLANMODEL BUSINESS PLAN Sanam Ali
  • 2. NEW VENTURE…..NEW VENTURE….. Why have you chosen this business?Why have you chosen this business? What do you need to know?What do you need to know? Working through a template will bring youWorking through a template will bring you the information you need to decide if thethe information you need to decide if the business can be successful – and how tobusiness can be successful – and how to make it successfulmake it successful 22Sanam AliSanam Ali
  • 3. KNOW THE INDUSTRYKNOW THE INDUSTRY  What are the strengths and weaknessesWhat are the strengths and weaknesses of the car wash industryof the car wash industry  What factors are affecting it at this timeWhat factors are affecting it at this time  Where are the marketsWhere are the markets 33Sanam AliSanam Ali
  • 4.  How many competitors are thereHow many competitors are there  How much will it cost, where will theHow much will it cost, where will the funds come from, what are the financialfunds come from, what are the financial dangersdangers  What staff will you needWhat staff will you need 44Sanam AliSanam Ali
  • 5. WHAT KIND OF CAR WASHWHAT KIND OF CAR WASH Decide on the car wash concept that suitsDecide on the car wash concept that suits you and the funds available…you and the funds available…  Stand alone manual and automaticStand alone manual and automatic  Hand wash – maybe franchiseHand wash – maybe franchise  High tech facility with all the latestHigh tech facility with all the latest equipment and servicesequipment and services  Add-ons like dog wash, detailingAdd-ons like dog wash, detailing 55Sanam AliSanam Ali
  • 6. THE TARGET MARKETSTHE TARGET MARKETS  the location choicethe location choice  the target customersthe target customers  the growth potentialthe growth potential 66Sanam AliSanam Ali
  • 7. THE MARKETING PLANTHE MARKETING PLAN  how do you bring customers to the carhow do you bring customers to the car washwash  how do you ensure that they come backhow do you ensure that they come back again – a regular habitagain – a regular habit  how do you increase the “spend”how do you increase the “spend”  how do you attract more customershow do you attract more customers 77Sanam AliSanam Ali
  • 8. OPERATIONSOPERATIONS Having decided on what you want to do,Having decided on what you want to do, more detail is needed…more detail is needed…  what equipment will you start withwhat equipment will you start with  what chemicals will you usewhat chemicals will you use  what staffing and management structurewhat staffing and management structure 88Sanam AliSanam Ali
  • 9. FINANCIALSFINANCIALS The sticky bit, nothing must be left to chanceThe sticky bit, nothing must be left to chance  find a similar financial model to yoursfind a similar financial model to yours  knowing your site & your target markets,knowing your site & your target markets, adjust the budget income and expensesadjust the budget income and expenses  list all the capital expenses, howeverlist all the capital expenses, however small – signage, planning permits, plantssmall – signage, planning permits, plants 99Sanam AliSanam Ali
  • 10. THE CAPITAL RISKTHE CAPITAL RISK  how much money will you borrowhow much money will you borrow  how much will you invest of your ownhow much will you invest of your own  what will happen if you don’t reach yourwhat will happen if you don’t reach your budgeted income levels, what adjustmentsbudgeted income levels, what adjustments can be madecan be made  what are the exits costs – the worst-casewhat are the exits costs – the worst-case scenarioscenario 1010Sanam AliSanam Ali
  • 11. CONFIDENCECONFIDENCE it takes time to complete a business plan butit takes time to complete a business plan but  it will give you the answers you needit will give you the answers you need  you have faced up to what might happen ifyou have faced up to what might happen if its not as good as you hopedits not as good as you hoped  you have a model to work withyou have a model to work with  it gives you confidence to make decisionsit gives you confidence to make decisions  it gives lenders confidence to lend to youit gives lenders confidence to lend to you 1111Sanam AliSanam Ali
  • 12. ANOTHER BENEFITANOTHER BENEFIT  a detailed business plan covering alla detailed business plan covering all these topics has been developed forthese topics has been developed for ACWA members and for equipmentACWA members and for equipment suppliers to give to potential new carsuppliers to give to potential new car wash investorswash investors 1212Sanam AliSanam Ali