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Currently looking at some existing washes. I see on here people use 50% bench mark for expense to income ratio.
Is there a resource to find what range actual expense categories should be? I am sure we can shave down the expenses, just seems like shaving 25% to 39% may be optimistic. I...
We are newbies to the car wash business, we purchased our fist IBA 1 year ago. Prices for labor, parts and supplies are going up. Everyone knows prices are rising and the consumer will understand the price increase.
I would be curious to hear your opinion and how much you think prices should...
I just bought an established wash in the upper midwest, on May 1, 2020. Small town, 2 automatics, washes about 25K cars per year. Now that I have taken possession I am comparing YOY numbers and two big things stand out. Volume was up from January 1 thru March 15, 25%. Volume is down 22%...