Car Wash Financial Projection Template

Generate lender-ready financial projections for a car wash business in no time without being an excel wizard. This car wash template will generate pro forma statements using your unique income and expenses so you can plug them right into your business plan, loan application, or investment pitch deck.

How it works?

Template price: $

79

  • 5 Year Projected Financial Statements
  • CPA Developed & Completely Customizable
  • Video Guide Included
  • Free Support & Projections Review
  • Compatible with Google Sheets

This easy to use car wash template was built by our own CPA projections expert

Create investor- and lender-ready projections in a matter of hours

Our CPA developed template enables you to create professional projections based on your unique assumptions.

Create investor- and lender-ready projections in hours, not days.

Built specifically for Car Wash Businesses- ProjectionHub has helped more than 50,000 different businesses create financial projections for their business plans, loan applications, and pitch decks so you can be confident this car wash financial projection template will be effective

How it works?

Watch a demo of the template

Save time & money - get organized with our template!

Get the Car Wash template now for $79

The template price: $

79

USD

100% money-back guarantee for 30 days!

 Revenue Projection Template Example

Step 1: Purchase and download the template

After purchase, you will download an unlocked Excel file with a ready-to-use financial projection template for your business model. You can also open the file to use in Google Sheets!

Get the template

Step 2: Enter your assumptions on the input tabs

Car Wash Revenue Projections

  • The car wash revenue projection model provides the ability to generate a detailed income forecast and your direct cost for each sale. Using inputs like your customer acquisition costs, growth rate, varying car wash product levels, membership package tiers and more which are automatically plugged into your projected financial statements.

Car Wash Operating Expenses

  • The car wash operating expenses section enables you to create a detailed plan of your expected monthly expenses. The first 6 months of expenses are separated to allow for specific startup expenditures for your car wash. The remaining months will be recurring expenses that you can set to either be static or a percentage of revenue which allows the expense line item to scale with the businesses growth. The calculated expenses are then passed straight to the projected car was financial statements.

Car Wash General Assumptions

  • One of the most important aspects of creating financial projections for a car wash is to understand how much it's going to cost to get started. The general assumptions of the car wash template will collect your unique data on items like assets to be purchased, loan funds, investment funds, inventory, accounts payable, and more. The model will then calculate difficult items like amortization, depreciation, and interest expense as it generates your projected balance sheet.

Car Wash Salaries Planning

  • Create a detailed plan for the salaried employees your car was will require and how labor costs will scale as revenue grows. This section will also calculate things like employer taxes, benefits, and owner compensation.

Step 3: The model is automatically updated based on your assumptions

Car Wash Financial Overview

  • The At-A-Glace tab shows you a financial summary in the form of data visualizations, ratios, and wholesale financial summaries including break even analysis, all ready to be copied into a pitch deck or business plan. 

Car Wash Financial Pro Formas

  • There are six different Car Wash Financial Statement tabs: the annual formats of the income statement, cash flow statement, and balance sheet, and the month-by-month breakdowns of the same financial statements. Our balance sheets always balance, automatically. 

Investor & Lender Friendly

  • This template and the financial statements make it easy to present to lenders or possible investors. You can also provide a copy of your template them and allow them to see your unique assumptions and to modify them to see the outcomes.
 Income Projection Chart Example

Tables, charts, graphs and dashboards include:

Tables, charts, graphs and dashboards include:

  • Profit and loss at a glance table
  • Use of start-up funds graph
  • Key ratios table ​​
  • Cash generated from operating activities graph
  • 5 years of monthly and annual income statement, cash flow and balance sheet reports
  • Profit and loss at a glance table

  • Use of start-up funds graph

  • Key ratios table

  • ​Cash generated from operating activities graph

  • Investor dashboard

  • 5 years of monthly and annual income statement, cash flow and balance sheet reports

Step 4: If you need help, we're here

We can fill out or modify any of the templates we sell, and we’re always happy to answer questions.

When you call us, you can speak directly to the developers of the model, not a call center or customer service representative.

Contact us in the most convenient way for you. We're here to help you

If the model doesn’t work for you, we’re happy to provide a refund.

What others have to say about our templates

The cost of the template is estimated at $ 2000

If you hired a CPA to build this template from scratch it would take at least 20 hours of billable time to build a similar template. At an average hourly rate of $100 per hour it would cost you $2,000.

20 hours X $100 = $2,000 value

But we've already done all the work and you don't need to hire a CPA

Save time & money - get organized with our template!

Get the Car Wash template now for $79

The template price: $

79

USD

100% money-back guarantee for 30 days

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Our Projection Protection Guarantee

Love it or Swap it
If the template you purchase is not the perfect fit, our team will help recommend the right template and swap your template for no extra charge. You can rest assured we'll make sure you are using the right template.
Expert Review
After you fill out your template, you can upload your projections to our team where we will do a complete review and then send you a custom video recording of us providing feedback so you can feel confident your projections are investor & lender ready.
See How
Help as You Go
Our team will be standing by so you can get help as you fill out your projection template. Through email and custom video recordings, we will make sure you understand how to complete your projections.
See How

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The ProjectionHub Team

Grace Cisna, CPA

Before joining ProjectionHub, Grace served as an auditor for a public accounting firm in Indianapolis. There, she audited start-up tech companies, major regional hospitals, public manufacturers and everything in between.

As an auditor, she gained insight to the inner workings of all kinds of business models. Grace is a CPA, has a bachelor’s degrees in Accounting and French and a Master’s of Accountancy all from the University of Iowa, where she also taught introductory accounting classes to undergraduates.

Grace loves to use her accounting expertise to serve as an advisor to her clients, helping them understand what it takes to make a business succeed.

Adam Hoeksema — Co-founder ProjectionHub

Adam is the co-founder of ProjectionHub which is a SaaS web application that helps entrepreneurs create financial projections for their business.

Since 2012, over 40,000 entrepreneurs from around the world have used ProjectionHub to help create financial projections.

Adam also serves as the Executive Director of Bankable. Bankable is a Small Business Administration (SBA) lender that makes loans from $500 to $250,000 to Indiana small businesses that are unable to secure financing from a traditional bank.

Adam has managed the loan program since loan #1 in 2010. Since 2010, Bankable has closed over 1,200 loans totaling over $38,000,000. Adam is an entrepreneur at heart and loves working with entrepreneurs to launch and grow their business.

We are available to help you complete your projections

Troubleshoot

We'll answer your questions about how the template works

Customize

We can help you customize your template, add revenue models, expenses or custom charts, tables and graphs -> with our financial modeling services

Frequently Asked Questions

What are the typical cost of goods sold for a car wash? 

Based on publicly available financial statements for Mister Car Wash, the company's cost of good sold for 2021 was roughly 35%. Based on this, we can assume that a car wash business should aim to generate gross profit of 65%.

How much can a car wash owner make? 

As a car wash owner, your potential income can vary dramatically depending on the type of car wash business you operate. According to Chron a small self serve car wash can generate $40,000 per year in profit, while a full service automated car wash can generate $500,000 or more in annual profit.

What type of car wash is the best investment?

As mentioned above, you can generate over 10x the profit with an automated, full service car wash when compared to a self serve bay based car wash, but just because you can generate more profit doesn't mean it is automatically the better investment. The full service, automated car wash will come with much higher startup costs. Our recommendation is to create a set of projections for various types of car wash models and see which you expect to have the best return on investment based on the projected startup costs and future cash flows.


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