Overview
The 16,300 car washes in the US provide washing, waxing, detailing, hand washing, and self-service washing of cars, trucks, vans, and trailers. Companies may also perform scheduled and preventative maintenance or body repair. Operations generally involve three types of car washes: conveyer car washes, in-bay automatic car washes, and self-service car washes. The industry includes regional chains, franchises, and independent operators.
Capital Investment
Automated car washes are capital-intensive and require a sizable investment in equipment.
Express Washes Explode
The number of express wash facilities has grown dramatically, driven by vehicle owners looking for faster, less expensive options and car wash owners looking for more economical alternatives.
Industry Financial Benchmarks
Here are typical financial statements for car washes.
This data is provided by Powerlytics, Inc. Powerlytics is a big data predictive analytics platform provider with the most comprehensive, accurate and granular consumer and business financial data available in the marketplace. Its proprietary platform provides a comprehensive financial view of the over 200 million adults and 30 million businesses that comprise the American economy. Learn more about Powerlytics products & data.
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