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Financial Engineering Analysis

Tunnel Car Wash

According to Industry Trade magazines, the national average for traffic entering a tunnel car wash is 0.76%. Based on this figure, an area traffic count of 30,000 vehicles per day would result in approximately 228 cars entering your business. While regional differences may affect your average revenue per wash, the national average wash generates $9.75 per car.

Based on the above figures:

228 Vehicles Per Day X $9.75 Per Vehicle = $2,223.00 Per Day

is the projected average income. If your facility is open 320 days per year, then your gross revenue from a single site will be approximately $711,360.00 per annum.

The following guidelines are listed for the additional costs.

Therefore, you could assume that the gross profit generated from one typical self-serve site would be:

$711,360.00 - $574,778.00 = $136,582.00

Based on these estimates, the equipment allotment should not exceed $260,000.00, and the building allotment should not exceed $296,000.00. Of course, either figure could be adjusted as long as the actual total does not exceed the estimated combined total of $556,000.

To help you this estimated income, our 8000 Tunnel System is the ideal unit. An estimated equipment budget of $150,000 to $175,000 will easily purchase the 8000 Tunnel System, along with most of the options needed to operate your facility. With this unit, you can design your building from 70' - 100' in length (depending on local building requirements and/or weather conditions).

Income & Expenses

The estimated monthly income for a self-serve facility in an average location is $1200 - $14,000 per bay.

Your average operating expenses are 17 - 20% per month (not including debt service).

The estimated income for an automatic unit is approximately $4800 per month.

The average monthly operating expenses for automatic units is approximately 21%.