Questions to ask before investing in an Auto Car Wash

This white paper is written for people who are considering investing in an auto car wash.

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About this White Paper

I myself have experience in this field as we in 2019 invested in a Danish auto car wash company with several locations spread across the country.

This white paper contains the questions we ourselves did in our due diligence process. Since I started investing in companies in 2007 it’s become abundantly clear to me how important it is to perform your due diligence before any signatures are put on contracts. And that starts with asking questions.

Sometimes it’s easy to forget to ask about even the most obvious things which in worst-case scenarios can lead to some bad decision making. Other times, there exist industry-specific questions you didn’t even know to ask.

A snippet of questions from the white paper

  • What are the services offered?
  • Is there proven demand for the services offered?
  • What are the important service contracts required to operate the business?
  • How many locations are the company operating today?
  • What type of car wash options does the company offer?
  • Is the equipment funded by a third party?
  • Is the equipment considered low- medium or high quality?
  • How much water does it take to complete a wash cycle?
  • Is water recycled?
  • What type of chemicals is being used in the washing process?
  • Is the environmental impact high or low?
  • How long is the equipment planned to last before it requires replacement?
  • Who are the company’s most important suppliers?
  • What’s the environmental profile of the company in the eyes of its customers?
  • What are the biggest items on the operating budget?
  • How many people are on the payroll?
  • What makes the customer quit using the companies product?
  • How many cars washes a day is budgeted for?
  • What is the minimum amount of average washes per day required to break even?
  • What are the main Key Performance Indicators (KPIs) to keep a lookout for in this business?

What People Say

These questions had help me a lot during the times I was venturing on a business franchise. 100% Recommended!


Goan Coleman
Businessman

Never expected while browsing the internet to find such treasure. If you are planning to venture on a business franchise, this is a must have!


Jacqueline Fowler
Accountant

Awesome guide that helped me decide when I was buying a mobile application from a person that I barely know. This white paper gave me an assurance that I wouldn't make bad-decisions.


John Boyt
CEO

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Linda Foster
Entrepreneur

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George Neilsen
Real Estate Broker

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Ellen Baranov
Investor

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Philip Johnson
General Manager

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Jacque Petersen
Investor

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Jake King Robinson
Investor

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Donna Gusev
Businesswoman

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Dr. Henry Michael
Doctor

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Mary Claire Dorothy
Businesswoman

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Maison Blake
Entrepreneur

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Leo Timothy Barbers
CEO

Get the white paper today!

Get the full list of more than 65 relevant and important questions you must consider in your due diligence before investing in an auto car wash company.

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