I Bought A CARWASH, Here's How Much It Makes - Part 2
Published: 2021-02-23
Status:
Available
|
Analyzed
Published: 2021-02-23
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The car wash will undergo approximately $50,000 in upgrades over the next year.
"we're probably going to spend 50 000 over the next year in just upgrades"
Pending
Switching to credit cards at the pay station is expected to increase revenues by 35%.
"we're going to switch to credit cards and our hope is that we can increase the revenues on this location by about 35 percent"
Pending
The current automatic touchless car wash system will cost $100,000 to replace.
"it's going to cost a hundred thousand dollars to replace"
Pending
Future car wash models will utilize lidar systems for 360-degree car scanning and spraying, replacing traditional railings.
"the new ones they take out the railing here and they replace it with a lidar system like they use on lane avoidance for a car and it just scans your car as you drive in the bay and it just does like a 360 spray on your car"
Pending
Vending machines have been purchased and are expected to be delivered and installed at the car wash within two weeks.
"i've already bought vending machines for the car wash and they're supposed to be delivered and installed within two weeks"
Pending
The car wash will sell soda at the cheapest price in town, undercutting competitors by leveraging 24/7 vending machine availability.
"my deal is i'm going to undercut dollar general and the gas station on pop they're not open 24 7. vending machines are open 24 7. and so we're going to undercut every business in town and sell pop for the cheapest price possible"
Pending
The car wash plans to offer a temporary ceramic wax service, with a single container costing $3,000.
"we can actually offer a short-term temporary solution that's the exact same ceramic but it's three thousand dollars to buy one container of it"
Pending
The cost to provide the ceramic wax service is estimated to be between $0.50 and $0.75 per wash.
"i was told by one person it cost you between 50 and 75 cents to offer that as a service at a car wash"
Pending
Implementation of credit card payment system expected to increase car wash revenues by 35%.
"we're going to switch to credit cards and our hope is that we can increase the revenues on this location by about 35 percent"
Pending
The current coin changer systems at the car wash will be upgraded.
"so we're going to upgrade these systems"
Pending
An estimated $50,000 will be spent on upgrades for the car wash within the next year.
"but we're probably going to spend 50 000 over the next year in just upgrades"
Pending
An investment of $50,000 will be made in the next year, specifically for pay station and credit card acceptor upgrades.
"we're going to spend 50 000 over the next year in just upgrades just for the pay station upgrades just for credit card acceptors"
Pending
Six thousand dollars has already been spent out-of-pocket to replace pay station and credit card acceptor equipment.
"just for the pay station upgrades just for credit card acceptors just that immediate stuff we already spent six grand out of pocket to replace it"
Pending
An additional $1,400-$1,500 will be spent on parts for upgrading existing systems.
"so this is another fourteen fifteen hundred dollars in parts that we have to get and and spend it"
Pending
The cost to offer a ceramic wax service at the car wash is estimated to be between $0.50 and $0.75 per application.
"i have no clue how long that lasts um i was told by one person it cost you between 50 and 75 cents to offer that as a service at a car wash"
Pending
There is a plan to explore a vending ice machine business, selling bags of ice or coolers.
"i thought about getting a vending ice machine and putting it out on the road with a system to where you can fig you can buy bags of ice or you can buy coolers"
Pending
Vending machines have been purchased for the car wash and are expected to be delivered and installed within two weeks.
"i've already bought vending machines for the car wash and they're supposed to be delivered and installed within two weeks"
Pending
The vending machines will sell pop at a price lower than Dollar General and gas stations.
"i'm going to undercut dollar general and the gas station on pop"
Pending
A similar vending operation was observed to generate $3,000-$4,000 per month by selling the cheapest pop in town.
"i knew a guy that did this up real close to where i used to live and he made between three and four thousand dollars a month selling the cheapest pop in town"
Pending
The cost to acquire this specific car wash business was between $13,000 and $15,000.
"this business here cost 13 12 or 15 000"
Pending