Industry Analysis & Industry Trends
Operators in the Car Wash and Auto Detailing industry experienced recessionary declines, but overall revenue grew marginally over the five years to 2014. In the next five years, rising per capita disposable income and increasing environmental awareness of water usage will boost industry revenue... purchase to read more
Industry Report - Starting a New Business Chapter
The Car Wash and Auto Detailing industry has low barriers to entry. Capital requirements are lowest for self-service car wash establishments. A full-service car wash requires the largest capital investment and generates annual revenue between $400,000 and $750,000. Conveyor car washes, or tunnel washes, require the second-highest level of capital investment, with costs ranging from $45,000 to just over $100,000. Self-service car washes require the least capital to begin operations, as these only require access to water, vacuums, soaps and sufficient space for vehicles.
The industry is highly competitive, with an estimated 2,833 car washing establishments in Canada, most of which are small and medium-sized establishments... purchase to read more