Car Wash Business Plan Template
If you want to start a car wash business or expand your current one, you need a business plan.
Over the past 20+ years, we have helped over 5,000 entrepreneurs and business owners create business plans to start and grow their car wash businesses.
Below are links to each section of your car wash company business plan template:
Car Wash Business Plan FAQs
Growthink's Ultimate Car Wash Business Plan Template allows you to quickly and easily complete your Car Wash Business Plan.
You can download our car wash business plan example PDF here. This is a sample business plan template you can use in PDF format.
A business plan provides a snapshot of your car wash as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategy for reaching them. It also includes your company description, including your car washing services, business model and pricing. It includes a marketing plan, marketing strategies and market research to support your plans. It should also include a full financial plan including cash flow statement, income statement and balance sheets.
If you’re looking to start a car wash or grow your existing car wash you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your car wash in order to improve your chances of success. Your car wash business plan is a living document that should be updated annually as your company grows and changes.
With regards to funding, the main sources of funding for a car wash are bank loans and angel investors. With regards to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to confirm that your financials are reasonable. But they will want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business.
The second most common form of funding for a car wash is angel investors. Angel investors are wealthy individuals who will write you a check. They will either take equity in return for their funding, or, like a bank, they will give you a loan. Venture capitalists will not fund a car wash. They might consider funding a chain of car washes, but never an individual location. This is because most venture capitalists are looking for millions of dollars in return when they make an investment, and an individual location could never achieve such results.