Hi all,
I'v just started researching the car wash industry to see if investing in a car wash is right for me. I connected with one manufacturer who provided me with an ROI analysis. Based on 22k daily traffic count and the population for 1,3, and 5 miles as well as the closest competitor being 4.4 miles away. The ROI analysis showed a yearly through put of 60k cars. Is that even possible with one IBA? There were definitely parts of the product I liked, so that's why I contacted them, but for some reason that number seems high to me. I'm curious to see what others think of that number and if its realistic or not.
I'v just started researching the car wash industry to see if investing in a car wash is right for me. I connected with one manufacturer who provided me with an ROI analysis. Based on 22k daily traffic count and the population for 1,3, and 5 miles as well as the closest competitor being 4.4 miles away. The ROI analysis showed a yearly through put of 60k cars. Is that even possible with one IBA? There were definitely parts of the product I liked, so that's why I contacted them, but for some reason that number seems high to me. I'm curious to see what others think of that number and if its realistic or not.