This is because it was restricted to motor parks where vehicles, used for commercial transportation, were washed after their daily operation. But nowadays, this industry is so lucrative that it has been taken over by more enlightened operators. Do you know why?
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Nigerian Business Plans Car wash business opportunity in NigeriaCar wash business plan in NigeriaProfitable Barbing Salon Business in Nigeria Is a car wash business more profitable than a barbing salon or vice versa and if so how can I go about setting one up in Nigeria? Now to the article of the week, is a car wash business more profitable than a barbing salon business?
My answer is yes and no because the factors which determine success or failure for both are dynamic, sometimes unpredictable and other times unmeasurable. As far as power supply is concerned for most car wash business in Nigeria this is not a big issue. Then what about sales margin?
In car wash the sales margin depends on how much sales you generate i. High Population density of vehicle owners — in cities and towns with large number of vehicle owners like Lagos over 1, carsAbuja overcarsPort Harcourt overcars and kano overcars there are many car wash centers and this is expected because 1 out of every 6 car owners visit a car wash at least twice a week.
Hint here is to settle down in busy parts of the city with large number of cars plying daily to enjoy steady patronage. Commercial Parts of Towns — places with a lot of very busy markets, shopping malls, offices and large companies tend to have a huge need for car wash services Sizeable population of corporate middle class — Most people who patronize car wash centers are people engaged by corporate organisations rather than commercial vehicle owners, but in certain cases taxi drivers especially in Abuja are good customers to many car wash providers.
State of Roads — Places which have many bad, dusty roads tend to also have greater need for car wash services.
People who can smell this opportunity know that although bad roads are good for business, where you do your business should be in an easy to locate area with good roads. Better to hire someone who can wash it really well and in even less time. So what factors can attract customers to your salon?
Sizeable population of male folks — A barbing salon located in a place with scant male population like in open air markets or rural communities will suffer from low patronage, most men move to the cities to hustle and often frequent bars, banks, offices, shops, visit friends etc This factor is suitable for first time customers Excellent Personal Service — this is a factor that keeps your customers coming again and again.
Please note I am assuming both of these businesses will operate in the same vicinity.
The financial projections reveals that breakeven for car wash can happen within 3 months whereas barbing salon can happen between 4th and 7th month. However in terms of sales Barbing salons have the upper hand as there are more people needing haircuts that cars needing cleaning and the standard fees tend to be the same for both businesses but with car wash be slightly more expensive N for haircut, N for full body car wash.
If you are intending on going into any business and need well written business plans or proposals to help drive home your point to investors or financiers, give me a call:You just buy a pressure wash machine, steam washer for engines, sink a borehole, buy a storage tank, secure land space and you are in business.
All your wife does is to go there, supervise the wash, collect the money and pay the washer boys. Soapy Rides is positioning itself as the premier hand car wash serving the Long Island area. Mark has forecasted a 20% market share. The business will generate a very high gross margin and a modest net margin after year one /5(98).
If in the end, you don’t find a sample plan for the business you want, visit the + Business Plan Samples to see more.
Enjoy! Your journey starts here; just scroll down the page to see all the plan titles and a summary of the businesses. 10 Steps For Starting a Car Wash From The Ground Up July 3, June 14, TCWS As a 40 year veteran car wash equipment .
Nov 05, · In this Article:Article Summary Sample Letters Writing the Consent Letter Writing the Travel Consent Letter Determining When You Need a Consent Letter Community Q&A A letter of consent is written to authorize a person to do something on your behalf, to use something you own or to 57%().
Planning And Forecasting In Business Organization. Planning And Forecasting In Business Organization – Andreas Faludi states that “Planning and Forecasting is the Queen Mother function of management (organization) and that if planning and forecasting fail what/who will you direct, control, budget, staff, co-ordinate or organize rather than failure and shame”.