Soapy Rides Business Plan

Business Example Car Wash Business Plan Soapy Rides Car Wash Read more: Executive Summary Soapy Rides is a prominent hand car wash serving the East Meadow, Long Island, NY community.

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The property on Hempstead Road will be leased in April 2001 for a minimum of three years, with the option to extend the lease for another three years after that.

Mark is working with the family lawyer to set up incorporation and to discuss lease issues before the business is launched.

Management The strength of Mark's experience and his family's name equity and assistance is Soapy Rides' competitive edge as well as a significant asset.

Mark has been involved in the family's car repair business for the last ten years.

Company Summary The company is solely owned by Mark Deshpande and will be funded by an initial personal investment.

Soapy Rides is New York State registered C corporation.In year three, it is hoped that the company will be able to open a second location.It is envisioned that an outside loan or equity funding will be sought at that time.Hiring the best employees is cost effective because it decreases HR costs associated with turnover and other employee costs.Hiring the best employees and making sure that they are well taken care of ensures that they in turn take care of the customers.With 30 years invested in the community, the Deshpande family name has generated significant value as a fair, active member of the community.Lastly, Soapy Rides will be able to leverage several of the Deshpande's for their business expertise.The Business Soapy Rides will be providing customers with three services: exterior car washing, interior cleaning, and detailing.Soapy Rides has no true competitors that are trying to offer a high quality service for a reasonable rate. Soapy Rides' ability to provide a high quality service, both in regards to the actual washing as well as customer service is all based on their ability to find the best employees. Google(); req('single_work'); $('.js-splash-single-step-signup-download-button').one('click', function(e){ req_and_ready('single_work', function() ); new c. The following plan outlines the financial development of Soapy Rides.