How to determine your return on investment? (FAQ)

Determining costs and revenue is important before finalizing the decision to start a carwash.  The following Cash Flow Projection Models help you develop a forecast of revenue generation, profit, and ROI associated with different types of carwash systems based on car wash activity level and various initial, variable, and fixed expenses involved.

1. Magic Wand Self Service and In-Bay Automatics Cash Flow Projection
Monthly income per bay in case of Self Service or In-Bay Automatic Car Wash can vary over a broad range from $1500 to $15000, depending on several parameters.  f the car wash activity is good, it is wise decision to convert your Self Service Bay to In-Bay Automatic Bay with a right equipment.  A conversion from a Self Service Car Wash Bay to an In-Bay Automatic Car Wash Bay can increase the number of cars washed per hour from 4-5 cars to 10-12 cars, making your original revenue threefold in the long run.

2. Magic Wand Tunnel Car Wash Cash Flow Projection
While Tunnel Carwash is a fast and continuous car wash system, it has higher cost involved.  It is particularly important to pay more attention to labor cost while estimating cost and revenue in this case, because Tunnel Car Wash system typically requires presence of a person at the site.

3. Magic Wand Truck Wash Cash Flow Projection
Price per Truck Wash varies over a broad range from $30 to $100, so it is important to estimate the average price per wash in your area, to avoid huge price difference between yours and that of your competitors in the neighborhood.

 

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Answers provided by Magic Wand Car Wash Systems