| Writing a business plan for a mobile car wash is fairly | | | | · Lights, Tank 400.00 |
| easy, yet often operators fall down in understanding | | | | · Credit Card Machine 1,695.00 |
| the financial strategies and costs. Bankers and | | | | · Computer, Printer, Etc. 3,200.00 |
| Investors alike will want to see that you have a well | | | | · Signage 112.00 |
| thought out business plan to insure your start-up goes | | | | · Truck Bed 6,895.00 |
| successfully. Below you will find a sample mobile car | | | | · Truck 18,455.00 |
| wash strategic financial strategies section for a | | | | Subtotal $39,500.00II. BONZAI AND BLITZ |
| business plan. I recommend that you print this out and | | | | MARKETING:Subtotal $ 5,380.00III. TRAINING COSTS |
| modify it to best fit your over all plan and then once | | | | AND MISCELLANEOUS:(COMPUTER, OPERATIONS, |
| you have a good rough draft think on it for a few | | | | ETC.)Subtotal $ 500.00IV. FRANCHISE FEE:Subtotal |
| days and add in your additional costs and thoughts or | | | | $20,000.00Total Cost to Franchisee |
| insights. Then type it up and use it in your over all | | | | $65,380.00Suggested Cash Flow Requirements $ |
| business plan so that you can get the funding | | | | 4,000.00Total Sum Needed $69,380.00Our franchisor |
| necessary for a success start-up either thru a loan or | | | | has secured a leasing company which can help us |
| investor partner. This sample is written from the | | | | with financing on approved credit. We can lease |
| perspective of a franchisee, which is part of a larger | | | | $50,380 leaving a total balance to the franchisor of |
| franchise company. If you are to be an independent | | | | $15,000 which we can pay in cash or charge on a |
| business your plan may slightly vary somewhat.- - - - - | | | | credit card. We will also need $4,000 of working |
| - - - - - -Financial StrategiesTaxesWe will use the | | | | capital to get started and a 10% security deposit to the |
| provided accounting software on our computer to | | | | leasing company covering the first and last |
| keep our books, write checks and invoice | | | | payments.Cash Up Front$15,000 Franchisor1,000 10% |
| accounts.We will receive a print out of all credit card | | | | Deposit On Equipment Lease *Approx. Amount650 |
| transactions from our merchant account at Wells | | | | Two Payments On Equipment Lease *Approx. |
| Fargo Bank. We will know exactly the revenue | | | | Amount1,500 Other Costs4,000 Cash Or Available |
| received from credit card sales. We will keep track of | | | | Credit Card For Working Capital$22,150 Total Cash or |
| accounts receivable from fleet washing and industrial | | | | Credit Card AmountIf we choose to finance with |
| cleaning. These customers will pay from open | | | | credit cards the down payments and remaining initial |
| purchase order numbers under contract cleaning | | | | costs, we will pay these off ASAP due to the high |
| agreements.We will find a bookkeeping service to | | | | interest rates charged for credit cards.BenefitsWe will |
| compile data into a standard Profit and Loss | | | | buy a major medical plan through an outside insurance |
| Statement, Accounts Receivable Report and Balance | | | | provider. Our franchisor has done much research on |
| Sheet. At the end of the period we will use these | | | | this and has located an agent with great health care |
| reports to do tax statements.Capital RequirementsTo | | | | and major medical programs. We can select a plan, |
| purchase The Car Wash Guys franchise, we will need | | | | which can be purchased for under $150.00 per month |
| to either have or borrow $65,380. We will also need | | | | and will be paid for out of our company funds. The |
| as much as $4,000 working capital.Breakdown of | | | | deductibles are extremely low and the maximum |
| InvestmentI. Tangible Items:· Clipboards, Stationary, | | | | co-payment in a calendar year will be no more than |
| Tee-Shirts $ 600.00 | | | | $5,000. Our franchisor will pay the initial first month's |
| · Personal Organizer System 140.00 | | | | payment no matter which major medical insurance |
| · Supplies Inventory 493.00 | | | | program we select. We will obviously shop around and |
| · Water System 150.00 | | | | choose the best plan for best possible price. In case of |
| · Carpet Extractor 350.00 | | | | catastrophic medical problems, we can choose to |
| · Vacuum/Air Freshner 1,000.00 | | | | purchase disability income insurance or business |
| · Steam Cleaner 6,000.00 | | | | overhead expense insurance plans. |