How much does it cost to open up a car wash?

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asked Oct 2, 2019 in Investing by Lo009k (310 points)
How much does it cost to open up a car wash?

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answered Oct 3, 2019 by gripgetter00 (1,790 points)
Opening up a brand new car wash can cost from $100,000.00 to $400,000.00 for the construction, land, equipment, permits etc.

You can get a small business loan or a business loan to open the car wash and then make monthly payments from the income you make from the car wash.

You should place the car wash in a really busy location so you get more income from more people washing their cars.

You'll need to get the necessary permits from your town or city and then hire a contractor to build the car wash for you.

Car washes can be very profitable in very busy locations so they are a good idea.

Sometimes you can get started easier and cheaper by opening up a car wash through a Franchise.

Running a car wash can be very profitable if you place the car wash in a really busy area such as in a major city.

You can get started with a car wash franchise for around $200,000.00 to $270,000.00 which you can get a business loan for.

Then once you get the income coming in you can pay the monthly business loan payment back and still profit as long as the car wash stays busy.

The average car wash owner makes around $2,000.00 to $4,000.00 per month per car wash if they are in a busy location.

Some car wash owners may only earn around $1,000.00 per month which is okay as well as long as you're making enough to pay for the car wash expenses.

If you make enough money to pay the loan payment and have the $1,000.00 per month leftover as your profit that is a pretty good deal too.

Car washes can be a good passive income source because people will always want to use a car wash to wash there vehicles.

You can also profit off the car wash vacuums as well.

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