The Power of Self Knowledge

For those with an entrepreneurial spirit, the idea of opening a business is one that probably sparks great excitement, as it should. Smart potential business owners know that they must learn the industry and have a strong knowledge of scheduling, finances and other detail-oriented tasks. But the brilliant business owner realizes that personality is key…

Is owning a carwash a good business? Is it easy?

Part II by Henry Weinschenk   Months, sometime years, have passed since you first started the project of building a carwash. You have spent a good amount of money on lawyers, architects, engineers, government fees, etc. besides paying for an expensive piece of land.   You are now ready to buy the wash equipment. There…

Is Owning a Carwash a Good Business? Is It Easy?

Part I by Henry Weinschenk Having owned full service carwashes for more than thirty years, I have been asked these questions many times. I would generally smile, and answer, “Other than being capital intensive, labor intensive, management intensive, and being completely weather dependent, it’s an easy business”. Writing here as an industry veteran, however, I…

How To Avoid A Car Wash Catastrophe

The Car Wash and Auto Detailing industry is already worth over $11 billion, and that number is expected to increase over the next 5 years.[1] The highly fragmented nature of the playing field makes it an ideal investment opportunity for a variety of savvy investors. The right location, strategy, and execution can create one, or…