HOW TO MAKE CASH WITH CAR WASH BUSINESS AND BANISH POVERTY

The rate at which cars are increasing in numbers in major cities in Nigeria shows or indicates increase in wealth of many Nigerians. Nigerians as a people love cars, mostly especially the exotic ones that they consider to be a sign of affluence, power and prosperity. It has become a status symbol and virtually every Nigerian strives to own a car.


Due to the nature of our environment which is dusty and muddy, maintaining cars has become a priority for car owners. And most car owners and drivers do not have the time to wash their cars on their own. In particular, commercial taxi and bus operators rely almost 100% on car wash. This has led to the growth of car wash business. You too can join and cash in on this booming business.


WHY YOU SHOULD GO INTO CAR WASH BUSINESS

With the increasing numbers of car owners plying major roads in various cities such as Benin, Ikeja, Enugu, Abakaliki, Ibadan, PortHarcourt and other cities in Nigeria, this gives room (opportunity) for you to make money from this business and the return on investment is very attractive.

Another reason you should invest in this business is that most car owners are very busy and as such do not have the time to wash their cars themselves, so they resort to cash washers to wash their cars for them.


WHO CAN INVEST IN THIS BUSINESS

This is a business open to everyone and it is not restricted to any class of persons as long as you are determined to make a living out of it.


CAPITAL INVESTMENT

The capital requirement for this business is quite affordable and depending on how you plan to start. The major things you need are an open space of about half plot of land or less, borehole and water tank for storing water, liquid soap or car friendly detergent, brushes, buckets and a jet machine though you may start without it.


PRICES OF COMMON CAR WASH EQUIPMENT

1. A half plot of land (open space) – owned or rented

2. Borehole- the amount varies with location and nature of the soil. But the cost goes for between N120, 000 –N200, 000 in places like Benin City and Sapele, and could be more in other cities in Nigeria.

3. Tank - N20,000 – N25,000

4. Brush - N100 - N200

5. Detergent/liquid soap

6. Bucket


TARGET MARKET

The people you should target are all car owners, private and commercial bus drivers within your area. You can also reach out to companies for increased patronage. To know more about how to market your car wash business or any other business you can contact our marketing department via info@cash4naija.com or through our facebook page www.facebook.com/cash4naija

You may also read our articles in the marketing section of our website http://www.cash4naija.com/fix/mart.php .


START UP TIP

As you make up your mind to start this business, here are some tips you can add to make your car wash business growth

1. Scout for a strategic location, place a sign post and design handbills to attract customers.

2. There is need to be courteous and friendly so that your customers will feel good.

3. Provide chairs and a shed for relaxation, human interest magazine and newspaper to keep them busy while you spark up their vehicles.

4. Consider having snacks and refreshment as an adjunct business. You can make arrangement with another person to sell these and simply pay you a fixed amount or commission on sales made.

For more management tip you can contact us through our facebook page www.facebook.com/cash4naija or send us an email: info@cash4naija.com.



HOW PROFITABLE IS CAR WASH BUSINESS?

Car wash is a very profitable business. Charges range between N500 – N1000 depending on your location.

Assuming you wash an average of 10 vehicles per day at N500 each, your income amounts to N5,000. Working for 30 days, you will be making N150,000 in a month. If you continue for another 300days in a year, your gross income will amount to N1,800,000 out of which you may be pocketing 70% - 80%. This is good business!



CONCLUSION

Providing services to meet people’ needs is one of the sure secrets of coming out of financially problems, and car wash business is one of the way to make money and pay your bills. This is a business that can thrive and grow if you are determined to bend down and “wash-in” the money.



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