The car wash industry is growing, with demands for car washes steadily increasing in recent years. But, even with this growth, some car wash businesses still fail. Across the board, nearly 20% of small businesses fail within their first year, and almost half close within the first five years. It’s a challenge to start a new business of any kind, and car wash startups are no exception.
Full-service or self-serve pay vacuums used to be the norm for the car wash industry, but some locations are now offering free vacuums for their customers to use. As a car wash owner, you might be concerned about how installing free vacuums will affect your company’s revenue stream.