Press "Enter" to skip to content

How to start and fund a high end car wash – Ask Evan


hi I’m Evan Carmichael welcome to the

hi I’m Evan Carmichael welcome to the edition of ask Evan today I’m answering

edition of ask Evan today I’m answering

edition of ask Evan today I’m answering a question from one of our readers

a question from one of our readers

a question from one of our readers tsunaide who wrote in he came across my

tsunaide who wrote in he came across my

tsunaide who wrote in he came across my profile on twitter and here’s this

profile on twitter and here’s this

profile on twitter and here’s this question I’ve been touring with the idea

question I’ve been touring with the idea

question I’ve been touring with the idea of starting up a middle to high-end car

of starting up a middle to high-end car

of starting up a middle to high-end car wash but I have no idea on where and how

wash but I have no idea on where and how

wash but I have no idea on where and how to start so thanks for the questions

to start so thanks for the questions

to start so thanks for the questions they made here’s the thing I hate

they made here’s the thing I hate

they made here’s the thing I hate spending money till I’m making money and

spending money till I’m making money and

spending money till I’m making money and it’s so easy to lose a lot of money on a

it’s so easy to lose a lot of money on a

it’s so easy to lose a lot of money on a business like a car wash because you

business like a car wash because you

business like a car wash because you have a lot of costs you got to you got

have a lot of costs you got to you got

have a lot of costs you got to you got to have a location you got to have

to have a location you got to have

to have a location you got to have supplies and as much as possible I try

supplies and as much as possible I try

supplies and as much as possible I try to figure out a way to get started

to figure out a way to get started

to figure out a way to get started without spending that money

without spending that money

without spending that money anybody can spend money right it’s easy

anybody can spend money right it’s easy

anybody can spend money right it’s easy to spend money not everybody can make

to spend money not everybody can make

to spend money not everybody can make money and car washes can be successful

money and car washes can be successful

money and car washes can be successful but they can also bankrupt people right

but they can also bankrupt people right

but they can also bankrupt people right it’s this cost getting those businesses

it’s this cost getting those businesses

it’s this cost getting those businesses going so what I try to do is find a way

going so what I try to do is find a way

going so what I try to do is find a way again to start it off without spending

again to start it off without spending

again to start it off without spending too much money you’re going to have to

too much money you’re going to have to

too much money you’re going to have to get a little bit of your supplies I

get a little bit of your supplies I

get a little bit of your supplies I guess in order but I wouldn’t spend

guess in order but I wouldn’t spend

guess in order but I wouldn’t spend money in a location yet if you’re

money in a location yet if you’re

money in a location yet if you’re signing up a lease you know you got a

signing up a lease you know you got a

signing up a lease you know you got a lot of cost that you’ll have to carry

lot of cost that you’ll have to carry

lot of cost that you’ll have to carry for a long time I’d start by partnering

for a long time I’d start by partnering

for a long time I’d start by partnering up with another business so find a

up with another business so find a

up with another business so find a company that has a related related

company that has a related related

company that has a related related business maybe it’s a mechanic an auto

business maybe it’s a mechanic an auto

business maybe it’s a mechanic an auto mechanic maybe it’s a dealer somebody

mechanic maybe it’s a dealer somebody

mechanic maybe it’s a dealer somebody who’s in the car business and offered to

who’s in the car business and offered to

who’s in the car business and offered to do car washing service out of their

do car washing service out of their

do car washing service out of their location and it could does a couple

location and it could does a couple

location and it could does a couple things first it tells you do you really

things first it tells you do you really

things first it tells you do you really want to be in the car wash business you

want to be in the car wash business you

want to be in the car wash business you know better the test it out small see if

know better the test it out small see if

know better the test it out small see if you like it see if you enjoyed the

you like it see if you enjoyed the

you like it see if you enjoyed the people seeing if you’re you know

people seeing if you’re you know

people seeing if you’re you know enjoying this business or not and you

enjoying this business or not and you

enjoying this business or not and you want to keep doing this for the next 10

want to keep doing this for the next 10

want to keep doing this for the next 10 years or if you get into it and figure

years or if you get into it and figure

years or if you get into it and figure out this sucks you know I don’t want to

out this sucks you know I don’t want to

out this sucks you know I don’t want to do this I want to do something else so

do this I want to do something else so

do this I want to do something else so you’re you’re testing it out without

you’re you’re testing it out without

you’re you’re testing it out without spending a lot of time or a lot of money

spending a lot of time or a lot of money

spending a lot of time or a lot of money especially to get it going

especially to get it going

especially to get it going that’s first the second thing I’d also

that’s first the second thing I’d also

that’s first the second thing I’d also tell you is it’ll teach you about the

tell you is it’ll teach you about the

tell you is it’ll teach you about the types of clients you’re going to get

types of clients you’re going to get

types of clients you’re going to get it’ll teach you about location they’ll

it’ll teach you about location they’ll

it’ll teach you about location they’ll teach you about how to write a bill

teach you about how to write a bill

teach you about how to write a bill this we can learn from whoever you’re

this we can learn from whoever you’re

this we can learn from whoever you’re working with whatever company you’re

working with whatever company you’re

working with whatever company you’re working out of and it’ll more

working out of and it’ll more

working out of and it’ll more importantly bring in money that we’ll be

importantly bring in money that we’ll be

importantly bring in money that we’ll be able to fund your expansion so if you’re

able to fund your expansion so if you’re

able to fund your expansion so if you’re able to start this business off out of a

able to start this business off out of a

able to start this business off out of a different location and you’re making

different location and you’re making

different location and you’re making some money you know now you have some

some money you know now you have some

some money you know now you have some money to invest back into the business

money to invest back into the business

money to invest back into the business your and up to the point where you can

your and up to the point where you can

your and up to the point where you can go and get your own location now you’re

go and get your own location now you’re

go and get your own location now you’re investing from profits and you’re not

investing from profits and you’re not

investing from profits and you’re not pulling out of your your own pockets or

pulling out of your your own pockets or

pulling out of your your own pockets or going out and getting a loan and

going out and getting a loan and

going out and getting a loan and invested for it I’m putting you know

invested for it I’m putting you know

invested for it I’m putting you know yourself on the line financially you

yourself on the line financially you

yourself on the line financially you know potentially for a very long time

know potentially for a very long time

know potentially for a very long time for so that’s what I do to start

for so that’s what I do to start

for so that’s what I do to start honestly go find another business in a

honestly go find another business in a

honestly go find another business in a related field and find some way to

related field and find some way to

related field and find some way to partner up with them where you’re doing

partner up with them where you’re doing

partner up with them where you’re doing your car wash service out of their

your car wash service out of their

your car wash service out of their location it’s not ideal I know you know

location it’s not ideal I know you know

location it’s not ideal I know you know you wanna you have the big vision and

you wanna you have the big vision and

you wanna you have the big vision and that’s awesome but you want to take baby

that’s awesome but you want to take baby

that’s awesome but you want to take baby steps every day and make sure you’re

steps every day and make sure you’re

steps every day and make sure you’re doing something every day to take that

doing something every day to take that

doing something every day to take that business and make it go forward you’ll

business and make it go forward you’ll

business and make it go forward you’ll figure out if you want to do this

figure out if you want to do this

figure out if you want to do this business or not you’ll be investing back

business or not you’ll be investing back

business or not you’ll be investing back into the business from profits and it’s

into the business from profits and it’s

into the business from profits and it’s honestly one of the best ways you can go

honestly one of the best ways you can go

honestly one of the best ways you can go and build your business a great example

and build your business a great example

and build your business a great example just to tell you is my wife’s company is

just to tell you is my wife’s company is

just to tell you is my wife’s company is a salsa business and she started by

a salsa business and she started by

a salsa business and she started by working at a gym so she teaches people

working at a gym so she teaches people

working at a gym so she teaches people how to dance if she’ll teach 6,000

how to dance if she’ll teach 6,000

how to dance if she’ll teach 6,000 people here in Toronto how to dance

people here in Toronto how to dance

people here in Toronto how to dance salsa and it’s easy to go up and and

salsa and it’s easy to go up and and

salsa and it’s easy to go up and and spend money on this right you can go and

spend money on this right you can go and

spend money on this right you can go and buy a look an office or rent an office

buy a look an office or rent an office

buy a look an office or rent an office and and drop tens and tens or hundreds

and and drop tens and tens or hundreds

and and drop tens and tens or hundreds of thousands of dollars on this location

of thousands of dollars on this location

of thousands of dollars on this location and how nice it is but who knows what is

and how nice it is but who knows what is

and how nice it is but who knows what is going to work or not who knows if you

going to work or not who knows if you

going to work or not who knows if you even like this business or not so she

even like this business or not so she

even like this business or not so she started by renting location space out of

started by renting location space out of

started by renting location space out of gyms so she partner up with local gyms

gyms so she partner up with local gyms

gyms so she partner up with local gyms who have extra space at night a one room

who have extra space at night a one room

who have extra space at night a one room and she paid them for that room and

and she paid them for that room and

and she paid them for that room and she’d build up the business and she

she’d build up the business and she

she’d build up the business and she found that she really enjoyed doing it

found that she really enjoyed doing it

found that she really enjoyed doing it and built up enough of a nest egg then

and built up enough of a nest egg then

and built up enough of a nest egg then she can go in a fourth to go and get her

she can go in a fourth to go and get her

she can go in a fourth to go and get her own location and it took a while to do

own location and it took a while to do

own location and it took a while to do it but she’s building from profits she

it but she’s building from profits she

it but she’s building from profits she has a huge successful business and she

has a huge successful business and she

has a huge successful business and she made sure that she really enjoyed it

made sure that she really enjoyed it

made sure that she really enjoyed it before expanding that company so

before expanding that company so

before expanding that company so hopefully that helps you know

hopefully that helps you know

hopefully that helps you know just try to honestly try it out and and

just try to honestly try it out and and

just try to honestly try it out and and get those partnerships going it’s going

get those partnerships going it’s going

get those partnerships going it’s going to save you a lot of time headache money

to save you a lot of time headache money

to save you a lot of time headache money and asshole

and asshole

and asshole so those you’re watching you like the

so those you’re watching you like the

so those you’re watching you like the video please give it a thumbs up below

video please give it a thumbs up below

video please give it a thumbs up below I love seeing us come in and makes my

I love seeing us come in and makes my

I love seeing us come in and makes my day and lovelier yet to think please

day and lovelier yet to think please

day and lovelier yet to think please leave a comment under underneath the

leave a comment under underneath the

leave a comment under underneath the video if you have a comment about this

video if you have a comment about this

video if you have a comment about this video or a question for your own

video or a question for your own

video or a question for your own business

business

business I’d love be able to try to answer for

I’d love be able to try to answer for

I’d love be able to try to answer for you so thank you and I’ll see you in the

you so thank you and I’ll see you in the

you so thank you and I’ll see you in the next episode

”

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *