Wednesday, April 27, 2016

Investing in a bike wash!! Why??


Starting a bike wash business. Making money in the business. It's true!



The bike wash business can be very profitable. Of course, profitability depends on a few contributing factors. Location, competition, equipment, services, appearance and management are just some of the factors that lead to a profitable location. Many ask how the bike wash business can be so profitable.



Here's how:

Low labor cost... Typically only one part time employee.

Low direct operating cost.

Cash only... Coin/token/credit card operated machines means no account receivables and no personal checks.

Customer provides labor

Inventory is small

Open 24 hours a day

You control prices for special promotions

Not just a seasonal business... Bike wash are used year round

Broad target market... Anyone who owns a vehicle, regardless of age, income or gender.

Fixed costs such as bookkeeping and insurance are minimal.



Why do so many people invest in the self-serve bike wash business?

High rate of return on initial investment

Easy management

Minimal labor issues

No cash flow or inventory control problems

Cash business -no accounts receivable

Tax incentives

Expansion opportunities



The price is right

The cost of owning a my bike wash system can vary, depending on land, building structure and a few other factors. You may already own land, if not, purchasing or leasing property will be added to your cost of investment. Building structure, of course, will vary because of local building codes which may require you to use certain materials. You should consult with your equipment supplier regarding construction cost and what material you should use.

Equipment costs for your self-service - automatic touch less bike wash will vary depending on the number of self service and in-bay automatic bays installed. Themselves, you should always install the maximum number of income producing equipment the property will allow. With the best locations bringing a premium price you will want to get income from as many sources as possible. Another factor is method of payment. Customers should be able to pay for all services available at your site with whatever type of money they have with them at the time they visit your wash. This could be coins, bills, or credit cards. Owning a bike wash can be expanded into related areas such as full service, exterior automatic and detail centers. The self-service bike wash is an industry which offers bike cleaning services to the motoring consumers who can wash their own vehicle.



Today's modern bike wash

In the beginning, self-service bike washes offered limited services which were simply high pressure wash and rinse.today, the bike wash facility has developed into a complete bike care center with a wide range of services and income producing options that include:

Count down timers

Low pressure pre-soak

Foaming brush for scrubbing action

High pressures clear cold soft water rinse

High and low pressure sealant wax

High and low pressure clear coat protectant

Low pressure spot-free rinse



Today's consumer is looking for value and quality service for their car cleaning needs. The self-service bike wash provides them with just that. Since you wash the bike yourself, you'll gain the personal

Satisfaction of knowing that all the tools you need to do an excellent job are available there for you.

With today's demands on time and convenience, an in-bay automatic proves to be an essential component for successful modem bike washes. With features and options that customers can choose from. Features that, not only provide a clean vehicle, but also, put on a good show, making the bike wash a fun experience!

Features like:

Hot foamy presoak

Tire cleaner applicators onboard

Undercarriage wash

Scrubbing action oscillating high pressure wash and rinse

Triple shine foaming conditioner

Sizes the vehicle -length and height

Spot-free rinse

Onboard blowers

Rollover design for faster wash cycle

All components needed to create a unique wash experience that will keep them coming back.

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