easyecowash
Investment Size INR 10000 - 50 K
Franchise Outlets Less than 10
About Us:
Easyecowash is a daily car wash business that stands as a game-changer with bringingeveryday professional car cleaning to households along with all the services in home car care. The strong customer base wouldbe built using the daily car wash service and cross-selling of services likedent and scratch removal.
The service uses waterless technology to clean cars as the product has a simplespray wipe mechanism. The people who would do the cleaning are contracted out to a manpower agency with the company focusing on customeracquisition and operations. The solution to clean the cars is distributed everymorning and later collected by the supervisor to facilitate the cleaning of cloth andpreparation for the next day. The users avail the service as a prepaid service, byregistering on the helpline. A research team then collect relevant feasibilityreport of the building after which rigorous campaign is done to cover theminimum of 15 cars that allow us to start the service.
The average profitability is 26% per customer with profitability rangingfrom 13% to 39% across variants. The project is expected to reach breakevenwithin 4 months of inception with a payback period of 9 months. We intend tosnatch the customers using the better option for your car proposition andpitching the water savings to society management.
After having stabilized in 9 months we are looking to have a top line of 1,56,000growing at 20% M-o- M. With a bottom line of about 20% which is set toincrease at 2% every month with effect of large volumes, we also would be in aposition to enter the dent and scratch service that would push the bottom lineforward and is a high profitability business, effects of this have not beenfactored into this report.
The service has elevated social impact with a 20% upliftment in income levelsfor the people who currently have no fixed income or are daily wage labor.There would also be a saving of close to Rs. 20,00,000 in taxpayer's money and1,35,000 liters of clean water a huge social impact in such a small duration.