Did you know that you spend two weeks of your life sitting at red lights? Say hello to a bright future—Your 9 to 5 blues will be soaped up and washed away with car wash franchise ownership. Safe to say, Americans are very fond of their cars and this presents a sector of the industry primed for success with revenues reaching $7 billion.
With a country as spread out as the United States, and with many Americans traveling daily for work or recreation, it makes sense that people want their vehicles to be clean and comfortable.
Car wash franchises provide a variety of services to help automobile owners protect their investment by delivering premium one-stop-shop car care services spanning from low to high entry cost.
Owning an auto car wash allows you to tap into the lucrative car-related services sector of the auto industry and make a clean profit while bringing an in-demand service to your community.
Fast facts about the auto car wash industry:
1. Over the course of the year, Americans collectively spent 70 billion hours behind the wheel—an eight percent increase since 2014. No matter gas or electric fueled, consumers always need clean spaces and are willing to pay for a service that saves time, energy and protects vehicles for a higher resale or trade-in value.
2. Car wash franchises are within the aftermarket part of the automotive industry, the aftermarket industry refers to products and services provided after purchasing an automobile. Other services include car detailing, car repair and maintenance services.
3. The global automotive aftermarket industry, of which car washes are a part of, exceeded $560 billion in 2021, and is expected to grow at a CAGR of 6.4% from 2022 to 2025, per Global Market Insights.
4. A franchise car wash combines hard work and self-management skills with the valuable resources of an established brand that consumers trust and respect. Brand recognition is a key player to put you ahead of the race in a fragmented industry.
5. Many car wash franchises are going green and shifting to eco-friendly facilities, with water-recycling technology and zero soap chemicals going to streams. This forward-thinking makes car care franchises an appealing and stable industry that is on the rise.
6. There are many options available when considering a car wash franchise, you can open your own car wash—or convert an existing retail space. There is plenty of opportunity for additional income through the sale of auto detailing products, car accessories—and different types of wash and care packages.
You can also check out many more exciting opportunities, such as Automotive Franchises and Oil Change Franchises, here on Franchise Direct.