ever wanted to own a car wash

now I have an offer of pre existing space with canopy for two cars, and an over head tank. now the owner is insisting on a 50k monthly lease.

those in the business pls is this achievable.

note: its located in a filling station and its a busy area too.


candid opinions

tolugar:
ever wanted to own a car wash

now I have an offer of pre existing space with canopy for two cars, and an over head tank. now the owner is insisting on a 50k monthly lease.

those in the business pls is this achievable.

note: its located in a filling station and its a busy area too.


candid opinions

Location

Shibaraba:

Location

awka

Its on the high! You will end up just working for somebody and in the end you wont balance yourself. Surely, you would need staff, wont u pay them? What about the few things u will buy to wash? Wont u feed? If he agrees 30k you will take it that everyday, 1k goes to him which is ok

Kennyprince:
Its on the high! You will end up just working for somebody and in the end you wont balance yourself. Surely, you would need staff, wont u pay them? What about the few things u will buy to wash? Wont u feed? If he agrees 30k you will take it that everyday, 1k goes to him which is ok

Thanks bro.

I will suggest you do a market survey around the area for at least 2 weeks. How much is paid per car and what is the average car washed per day.

From that, you can see if you will have enough profit after deducting the daily rent, staff payment and other materials used. If you can make a profit of at least two times what you pay him per month I will say go for it.

You may negotiate with the owner to allow you try the first month for free to test the waters. But I think it saves you a lot of money compared to starting from scratch and it is a lot less risky. You can also gradually save for your own car wash eventually.

Even, if it doesn't work after 2-3 months, you can walk away with minimal initial investment. But please do your market survey first before taking a decision.

I will suggest you do a market survey around the area for at least 2 weeks. How much is paid per car and what is the average car washed per day.

From that, you can see if you will have enough profit after deducting the daily rent, staff payment and other materials used. If you can make a profit of at least two times what you pay him per month I will say go for it.

You may negotiate with the owner to allow you try the first month for free to test the waters. But I think it saves you a lot of money compared to starting from scratch, and it is a lot less risky. You can also gradually save for your own car wash eventually.

Even, if it doesn't work after 2-3 months, you can walk away with minimal initial investment. But please do your market survey first before taking a decision.