Top Car Washes for Sale in Toronto E04, Ontario | Find Businesses 4 Sale (2024)

FAQs

What type of car wash is most profitable? ›

A full-service car wash offers both exterior and interior cleaning and detailing services. In some, this is all done by people. Others use an in-bay or tunnel car wash for the exterior and people for the interiors. These have the highest revenues, but also higher overhead.

High Demand: With a significant number of vehicles on the road, there is a constant demand for car wash services in Canada. This ensures a steady stream of customers for your business. Profitability: A well-managed car wash business can be highly profitable.

Automatic car wash businesses can be very profitable. The average automatic car wash makes around $100,000 per year. However, some car washes can make much more than that, especially in high-traffic areas. The average automatic car wash in a very high-traffic spot can make around $250,000 per year.

Driven Brands

International Car Wash Group (ICWG) is the world's largest local car wash, cleaning more than 35 million cars a year. It operates over 900 locations in 14 countries across US, Europe and Australia, with over 230 US venues.

The average profit margin for a car wash is around 35%, meaning that a car wash business earning $100,000 in gross revenue can expect a net profit of around $35,000. However, this can vary depending on the type of car wash, expenses, and other factors. One of the biggest expenses for a car wash business is labor costs.

Each type of car wash will have different equipment and land requirements and, hence, a unique budget. With self-serve bays, depending on your local climate, equipment will cost approximately $15,000 to $25,000. Building costs vary, but the simplest structures will start at around $25,000.

The average car wash salary in Canada is $33,150 per year or $17 per hour. Entry-level positions start at $29,250 per year, while most experienced workers make up to $48,263 per year.

Car wash businesses have an average profit margin of 10% to 20% when operated correctly. So, how much money can you make owning a car wash? According to Car Wash Advisory, self-service car washes bring in about $40,000 to $100,000 annually, and large facilities with multiple wash bays can bring in $500,000 or more.

Where the car wash operator provides the manual labour to hand wash, dry or wax all or part of the vehicle, before or after the vehicle goes through an automated car wash facility, the total GST included fee paid by the customer for the car wash is subject to PST.

The carwash market is projected to reach $68.9 billion by 2031, expanding globally at a CAGR of 6.7% between 2023 and 2031. In 2021, the market was valued at $29.3 billion and in 2022, $38.4 billion.

How much do most car washes cost? ›

On average, a basic car wash can cost anywhere from $10 to $50, while full-service detailing can range from $100 to $500. Cost depends on the vehicle and specific services requested.

Calculating how profitable your car wash is simple if you have your revenues and your costs. Just subtract costs from revenue. If the number is positive, you're making a profit.

A full-service car wash that offers a wide range of services such as detailing, waxing, and polishing is more likely to be profitable than a basic washing and drying service. Customers are willing to pay more for a comprehensive service that will leave their car looking its best.

Poorly planned designs and layouts result in a business location that's difficult or confusing to navigate, making it seem like a maze to get through. An inconvenient layout can also disrupt traffic patterns in the area. A poor car wash design creates frustrated customers that will not likely return.

There's a luxury car wash in Dubai that offers a weeklong "spa" treatment for autos and costs around $15,000 per week, according to the Daily Mail. The company, Monza Ultimate Dealing and Protection, only services top tier automobiles such as Ferrari, Maserati, Lamborghini, Aston Martin, and Rolls Royce.

Self-service facilities provide long-term income

However, it will take some time until the investment yields a profit. But once that's the case, all you have to do is pay the running costs for water, electricity, cleaning supplies, and occasionally maintenance and repairs. Anything beyond that is your passive income.

The target market for a local car wash business would likely be individuals and families living in the surrounding area who own cars and are looking for convenient and affordable car washing services.