Blimey, there must be good money in car washing!
Discussion
I get all sorts of notifications related to business but one just popped up and my eyes nearly popped out. It was a franchise to wash cars at Tesco, the fee? £50k! Wow.
That said, using my fag packet number crunching skills: if there are 5 staff who do 10 cars a day on average at £7 then that's £350 a day, so £2450 a week and £127,400 p.a. Obviously no costs involved and I could work out more if I CBA.
We looked into this seriously a few years ago but managing a business working 7 days a week with a high turnover of foreign staff put us off. That said, as I type this I can't remember the last time I saw the owner of our local one!
What is they say? Where there's muck there's brass!
That said, using my fag packet number crunching skills: if there are 5 staff who do 10 cars a day on average at £7 then that's £350 a day, so £2450 a week and £127,400 p.a. Obviously no costs involved and I could work out more if I CBA.
We looked into this seriously a few years ago but managing a business working 7 days a week with a high turnover of foreign staff put us off. That said, as I type this I can't remember the last time I saw the owner of our local one!
What is they say? Where there's muck there's brass!
I think that the money laundering / immigrants on cash in hand is probably a bit outdated now. The one I saw was run by a fairly large organisation and, iirc, on another thread on here someone said that hand car washes are often 'belt and braces' financially because of their previous reputation.
Nickyboy said:
Our local one at Tesco makes a fortune, he owns at least 2. They're busy, at least 100 cars a day, ....
Don't forget when it rains, that soon knocks the average down. From what I saw a good one does about 800 p/m on average. Based on an average of £7 a wash that's only £67,000 a year in revenue which doesn't seem much.Gassing Station | Business | Top of Page | What's New | My Stuff