Perhaps you didn’t know it, but the carwash business tracks new car sales. This makes sense of course because when someone buys a new car, in their minds it’s still new for the next 18 months to two-years. Therefore, during those first two-years they take very good care of their car, and they also have it washed professionally at a carwash houston. Thus, if you are thinking or considering on starting a carwash in 2012, you should be thinking about the future forecast for new car sales. Okay so, let’s talk about this for a second shall we?
In November of 2011 we noted that car sales were up rather significantly, earlier in the year they were also up in the first quarter. The trend seems to be continuing, especially considering that car sales have been down quite a bit since 2008 when the global financial crisis hit. That means folks have turned to keeping their cars longer, and the average is now between 7 to 8 years, whereas before the average age of the car was 4 to 5 years. It is hard to say when car sales the United States will get back to the 17 million mark where they were before the financial crisis.
However, if this trend is correct, and ongoing through 2012, we could very well expect hitting the 15, 16, or even 17 million car sales mark. If so, the best time to buy a carwash would be right now if you can get funding while the real estate prices are still low, and while there are lots of available labor at the bottom of the wage scale. You might also find yourself in a good position if you buy a used carwash and wish to upgrade to new equipment which is more efficient, saves energy, and uses less water.
This is because carwash equipment vendors are willing to make deals because their sales have not been as stellar as they’d hoped or in 2011, and if you get in now before their sales pick up, or before the industry takes off you might be able to get a song of a price. Therefore, if you are considering the likelihood of starting a carwash in 2012, I would say from my professional experience in the industry for nearly 27 years, that it “just might” be a good idea as long as our economy holds tight. So far, the trend is looking good. Indeed I hope you will please consider all this and think on it.