Car Wash Business 101: Equipment and investment requirements for 2020

car wash business

A car wash is a nice business to get into if you're into cars. We've already given you some tips on how to start a car wash business. What's more, we've already given you the equipment and investment requirements needed to start a car wash business last 2018. So now, let's take this further by updating the nitty-gritty and discussing the numbers for 2020.

Edwin Pasahol, Senior Trade and Industry Development Specialist for the Bureau of Small and Medium Enterprise Development (BSMED), gave us a general and estimated rundown of the equipment, costs, price options, and profit you'll get when you venture into this business.

Boy washing a vehicle at a carwash @http://1.bp.blogspot.com

INVESTMENT REQUIREMENTS (All prices are in PHP, and based on 2020 market prices)

A. Equipment

  • 1 Pressure washer compact electric 1600 watts, 5.5 liters/minute – PHP7,756
  • 1 Vacuum cleaner with blower, 750 watts 6 meter – PHP4,052.00
  • 1 Power sprayer 1/2 horsepower, 26 inch – PHP5,5567.00
  • 1 Pressure tank 340 liters – PHP8,219.00
  • 1 2-step ladder – PHP522.00
  • 3 Drums (for storing water) at PHP452.00 per piece – PHP1,356.00
  • 2 Hose at PHP388.00 per piece – PHP776.00
  • 3 Pails/buckets at P105.00 per piece – PHP315.00

TOTAL – (P28,563.00) or rounded off: PHP29,000.00

B. Direct Cost (Materials and Supplies per Month)

  • 3 pcs Chamois at P128.00 per piece – PHP384.00
  • 24 pcs All-purpose rags at P7.00 for 4 pieces – PHP42.00
  • 4 pcs Car sponge (big) at PHP57.00 per piece – PHP228.00

Sub-Total – (PHP654.00) or rounded off: PHP700.00

C. Supplies

  • 60 liters Car shampoo – PHP10,060.00
  • 15 liters Car wax liquid wax hi-gloss finish – PHP8682.00
  • 15 liters Tire black – PHP8130.00
  • 450 ml Car polisher/shine (for detailing) scratch remover ultra hi-gloss finish – PHP1644.00

Sub-Total – (PHP28,516.00) or rounded off: PHP29,000.00

TOTAL – (PHP29,170.00) or rounded off: PHP29,000.00

D. Indirect Cost

  • Labor cost (PHP406.00/day x 30 days) – PHP12,180.00
  • Electricity – PHP2,559.00
  • Water – PHP1,031.00
  • Contingency (10% of direct costs) – PHP1,840.00

TOTAL – (PHP17,610.00) or rounded off: P18,000.00

Price List

  • Van - PHP139.00
  • Taxi - PHP69.00
  • SUV - PHP139.00
  • Sedan- PHP93.00 - PHP116.00
  • Exterior auto detailing - PHP1,737.00
  • Interior auto detailing - PHP1158 - PHP1,737.00

Estimated Sales for a One-Month Operation

  • 17 cars @PHP93.00 x 30 days – PHP47,430.00
  • 3 vans @PHP139.00 x 30 days – PHP12,510.00
  • 10 cars @PHP52.00 x 30 days (only for tire black and vacuuming) – PHP15,600.00
  • 8 cars @PHP637.00 (for detailing) – PHP5,096

Sub-total – (PHP80,636.00) or rounded off: PHP81,000.00

LESS:

  • Direct cost – PHP29,170.00 or rounded off: PHP29,000.00
  • Indirect cost – PHP17,610.00 or rounded off: P18,000.00

Sub-total – PHP46,780.00 or rounded off: PHP47,000.00

---

NET INCOME MONTHLY –PHP33,856.00 or rounded off: PHP34,000.00

NET INCOME DAILY (30 days) – PHP1,129.00 or rounded off: PHP1,000.00

  • Men cleaning a van at a carwash
      @http://1.bp.blogspot.com

Remember: This is just an estimated guide that will give you an idea of the equipment, costs, price options, and profit you'll get when you start out a car wash business. Make sure to use the most current market prices when comparing different pricing options for your services.

The computation does not include monthly rent space and insurance costs (if any). Please do a more extensive research if you seriously plan to get into this venture.

Also Read

Car Wash Business 101 Equipment and Investment Requirements

Car Wash Business 101 Equipment and Investment Requirements for 2018

Read All

Featured Articles

Recommended Articles For You

Read All

Featured Cars

  • Upcoming

Car Articles From Zigwheels

  • News
  • Article Feature
  • Advisory Stories
  • Road Test
  • ACMobility guarantees worry-free electrified mobility EV models, charging hubs
    ACMobility guarantees worry-free electrified mobility EV models, charging hubs
    Ruben Manahan IV . Today
  • LTO announces DL renewal schedule, to commence after Holy Week
    LTO announces DL renewal schedule, to commence after Holy Week
    Paulo Papa . Today
  • GAC Motor PH to reveal Emkoo Hybrid
    GAC Motor PH to reveal Emkoo Hybrid
    Ruben Manahan IV . Mar 27, 2024
  • Toyota PH offers emergency roadside assistance for Lenten season anew
    Toyota PH offers emergency roadside assistance for Lenten season anew
    Paulo Papa . Mar 27, 2024
  • Honda Cars PH reactivates HEAT for Holy Week
    Honda Cars PH reactivates HEAT for Holy Week
    Paulo Papa . Mar 27, 2024
  • Brembo: an ideal choice for discerning Filipino car owners
    Brembo: an ideal choice for discerning Filipino car owners
    Paulo Papa . Mar 26, 2024
  • Flyweight feud: Suzuki S-Presso AGS vs. Honda Brio V CVT
    Flyweight feud: Suzuki S-Presso AGS vs. Honda Brio V CVT
    Paulo Papa . Mar 20, 2024
  • Cabin check: What’s inside the BYD Atto 3
    Cabin check: What’s inside the BYD Atto 3
    Paulo Papa . Mar 19, 2024
  • Midsize SUV battle: Hyundai Santa Fe vs. Ford Everest
    Midsize SUV battle: Hyundai Santa Fe vs. Ford Everest
    Paulo Papa . Mar 14, 2024
  • Hyundai Santa Fe: 6 seductive colors
    Hyundai Santa Fe: 6 seductive colors
    Paulo Papa . Mar 12, 2024
  • Here are some ideal destinations and safety tips for the upcoming Holy Week
    Here are some ideal destinations and safety tips for the upcoming Holy Week
    Paulo Papa . Mar 08, 2024
  • Here are some New Year’s resolutions for car owners
    Here are some New Year’s resolutions for car owners
    Paulo Papa . Jan 03, 2024
  • PH auto market: 2023 in retrospect
    PH auto market: 2023 in retrospect
    Paulo Papa . Dec 15, 2023
  • Here’s a holiday gift guide for car enthusiasts
    Here’s a holiday gift guide for car enthusiasts
    Hazel Nicole Carreon . Dec 15, 2023
  • Oil players cut pump prices anew
    Oil players cut pump prices anew
    Paulo Papa . Nov 14, 2023
  • First look: JMC Grand Avenue
    First look: JMC Grand Avenue
    Paulo Papa . Mar 27, 2024
  • Above average: Toyota Raize G
    Above average: Toyota Raize G
    Paulo Papa . Mar 22, 2024
  • BYD Atto 3: from the metro to the mountains
    BYD Atto 3: from the metro to the mountains
    Paulo Papa . Mar 18, 2024
  • Late bloomer: Hyundai Stargazer GLS Premium
    Late bloomer: Hyundai Stargazer GLS Premium
    Ruben Manahan IV . Mar 08, 2024
  • Adventure-ready: Subaru Crosstrek
    Adventure-ready: Subaru Crosstrek
    Paulo Papa . Mar 01, 2024