| Writing a business plan for a mobile car wash is fairly | | | | · Signage 112.00 |
| easy, yet often operators fall down in understanding | | | | · Truck Bed 6,895.00 |
| the financial strategies and costs. Bankers and | | | | · Truck 18,455.00 |
| Investors alike will want to see that you have a well | | | | Subtotal $39,500.00 |
| thought out business plan to insure your start-up goes | | | | II. BONZAI AND BLITZ MARKETING: |
| successfully. Below you will find a sample mobile car | | | | Subtotal $ 5,380.00 |
| wash strategic financial strategies section for a | | | | III. TRAINING COSTS AND MISCELLANEOUS: |
| business plan. I recommend that you print this out and | | | | (COMPUTER, OPERATIONS, ETC.) |
| modify it to best fit your over all plan and then once | | | | Subtotal $ 500.00 |
| you have a good rough draft think on it for a few | | | | IV. FRANCHISE FEE: |
| days and add in your additional costs and thoughts or | | | | Subtotal $20,000.00 |
| insights. Then type it up and use it in your over all | | | | Total Cost to Franchisee $65,380.00 |
| business plan so that you can get the funding | | | | Suggested Cash Flow Requirements $ 4,000.00 |
| necessary for a success start-up either thru a loan or | | | | Total Sum Needed $69,380.00 |
| investor partner. This sample is written from the | | | | Our franchisor has secured a leasing company which |
| perspective of a franchisee, which is part of a larger | | | | can help us with financing on approved credit. We can |
| franchise company. If you are to be an independent | | | | lease $50,380 leaving a total balance to the franchisor |
| business your plan may slightly vary somewhat. | | | | of $15,000 which we can pay in cash or charge on a |
| Financial Strategies | | | | credit card. We will also need $4,000 of working |
| Taxes | | | | capital to get started and a 10% security deposit to the |
| We will use the provided accounting software on our | | | | leasing company covering the first and last payments. |
| computer to keep our books, write checks and invoice | | | | Cash Up Front |
| accounts. | | | | $15,000 Franchisor |
| We will receive a print out of all credit card | | | | 1,000 10% Deposit On Equipment Lease *Approx. |
| transactions from our merchant account at Wells | | | | Amount |
| Fargo Bank. We will know exactly the revenue | | | | 650 Two Payments On Equipment Lease *Approx. |
| received from credit card sales. We will keep track of | | | | Amount |
| accounts receivable from fleet washing and industrial | | | | 1,500 Other Costs |
| cleaning. These customers will pay from open | | | | 4,000 Cash Or Available Credit Card For Working |
| purchase order numbers under contract cleaning | | | | Capital |
| agreements. | | | | $22,150 Total Cash or Credit Card Amount |
| We will find a bookkeeping service to compile data into | | | | If we choose to finance with credit cards the down |
| a standard Profit and Loss Statement, Accounts | | | | payments and remaining initial costs, we will pay these |
| Receivable Report and Balance Sheet. At the end of | | | | off ASAP due to the high interest rates charged for |
| the period we will use these reports to do tax | | | | credit cards. |
| statements. | | | | Benefits |
| Capital Requirements | | | | We will buy a major medical plan through an outside |
| To purchase The Car Wash Guys franchise, we will | | | | insurance provider. Our franchisor has done much |
| need to either have or borrow $65,380. We will also | | | | research on this and has located an agent with great |
| need as much as $4,000 working capital. | | | | health care and major medical programs. We can |
| Breakdown of Investment | | | | select a plan, which can be purchased for under |
| I. Tangible Items: | | | | $150.00 per month and will be paid for out of our |
| · Clipboards, Stationary, Tee-Shirts $ 600.00 | | | | company funds. The deductibles are extremely low |
| · Personal Organizer System 140.00 | | | | and the maximum co-payment in a calendar year will |
| · Supplies Inventory 493.00 | | | | be no more than $5,000. Our franchisor will pay the |
| · Water System 150.00 | | | | initial first month's payment no matter which major |
| · Carpet Extractor 350.00 | | | | medical insurance program we select. We will |
| · Vacuum/Air Freshner 1,000.00 | | | | obviously shop around and choose the best plan for |
| · Steam Cleaner 6,000.00 | | | | best possible price. In case of catastrophic medical |
| · Lights, Tank 400.00 | | | | problems, we can choose to purchase disability income |
| · Credit Card Machine 1,695.00 | | | | insurance or business overhead expense insurance |
| · Computer, Printer, Etc. 3,200.00 | | | | plans. |