Page 19 - CAR WASH FLIP TEST
P. 19
Expansion
There is not much room for expansion in the business. With increased competition and
distribution of car washes, a standard car wash can only grow to some level. This does not mean
that a car wash business cannot be profitable, it can but it’s the kind of business with a somehow
revenue ceiling.
However this can change say with the introduction of something disruptive in the local market –
the region where you are operating. For instance, a Car Salon, an automatic car wash on a busy
high way. Or a kind of service than can’t be easily replicated by the competition.
Level of risk
With all factors constant and with right location, service this is a low risk business. On a scale of
0 to 100 %. Where 100 is the highest risk we rate it at 40%. You can fail but with the right of the
critical factors your chances of success are high.
www.kenyaknowhow.com Don’t invest blindly 0712 473 455 Page 18
