At Tommy Car Wash Systems, we believe that there exists a significant demand for high-quality automatic car washes that is being left unfilled.
The company is considered as a market leader in the oil industry and providing finest oil to public and key sectors of Pakistan since the time of its establishment in It is believed that the PSO will get a considerable response of potential customers if it will enter in any other business. Business PSO will initially introduce cash wash services at the Pothwar road petrol station to check the response of customers and then after three years the company will expand its services to other locations.
Three types of services will be offered such as outside washing, inside cleaning, and detailing. At this time, PSO has a small number of competitors who are not threat for the company as they are providing just basic car wash services.
At the beginning, the company will hire minimum but competitive staff to reduce the initial costs of business operations. Using the entrepreneur skills the company will be engaged with several professional bodies e. Customers PSO will segment the customers on the basis of car ownership.
The potential customers can be divided into three chief groups such as individual owners, local businesses, and car dealers. Individual car owners will include owners of new cars, lifetime owners, and owners of old luxury vehicles, and sports car owners.
Car dealers will include the businesses selling new and used cars within three to five miles from the Pothwar road petrol station in Islamabad.
Finally, several local businesses having vehicles for business use will require exterior washing and interior cleaning services probably during weekends.
The sales and targeting strategies of the company will be based on one-to-one basis so that each customer 2 will feel that he is a valued customer of PSO, and the company cares about him in Page maintaining his vehicles. PSO aims to position itself as an excellent car wash serving company in Islamabad.
The following graph shows forecasted sales, gross margin, and net profit of the company. Highlights 25, 20, 15, 10, 5, - Year 1 Year 2 year 3 Sales 11, 15, 20, Gross margin 9, 12, 17, Net Profit 2, 4, 7, 3 Page 1.
Currently, PSO is a market leader in oil and energy sectors and provides finest fuel to armed forces, power stations, railways, and other sectors.
The company achieved a gross profit margin of Rs. Furthermore, PSO reported Rs. To be known as top quality car wash service in Islamabad city 2. To achieve and preserve high gross profit margin 3. To uphold a self-effacing, gradually increasing net profit margin 4.
To expand to other locations within the city after three years of service 1. In Pakistan, the petrol stations are usually situated on a large piece of land and therefore some empty space can be used for car wash services.
But PSO station at Pothwar road does not cover a wide area as it is located in between commercial market and residential area. Therefore, the property near to the petrol station will be rented for at least three years with an option to extend for another three years afterwards.
Although, PSO is a public limited company, so it will set a meeting with major shareholders 4 Page and lawyers to discuss rental agreement and other major legal issues. In addition, the company will advise managers to make arrangements for designing logo, brochures, letterhead, and other necessary stationary items.
PSO has been involved in the oil business and not aware with the car wash business which is extremely different service; therefore, the company will consult with an acquaintance to devise a proper and effective system to ensure efficient service delivery especially during peak time.
The rent of the premises and insurance will be approximately Rs. Both rent and insurance are the fixed monthly expenses and therefore will be paid by direct debit. The equipment and machinery related expenses usually include: The company will also need to construct a small waiting room for customers with all basic facilities.
This will be constructed for nearly Rs. Table 1 shows the basic start-up requirements whereas figure 2 shows estimated start-up expenses, assets, investments, and loans.
Basic start-up requirements Start-up Expenditures Pak Rs. Start-up costs 25, 20, 15, 10, 5, 0 Expenses Assets Investment Loans Start-up 8, 12, 20, 0 2. Business Opportunities PSO will initially introduce cash wash services at the Pothwar road petrol station to check the response of customers and then after three years the company will expand its services to other locations.
The Pothwar petrol station is located in between commercial market and residential area so it is believed that both car owners and business customers will be attracted.
Table 2 and figure 3 illustrate the market analysis of potential customers. Estimated market share Owners of new cars Lifetime owners Owners of old luxury vehicles Local businesses Car dealers Owners of sports cars 2.Oct 08, · The car wash industry is a highly fragmented industry.
However, for an individual owner, that’s not necessarily a bad thing. A smart, well-planned operation still has every chance of doing ashio-midori.com: Sophie Mitchell.
Feb 05, · Car Washing Business in India Pakistan | Azad Chaiwala Show I have have made products and seen them being enjoyed by over a billion people a year. Car Wash Business Plans. September 28, Car Wash Tips car wash business plan, car wash business plans, Car Wash Startup, carwash business plan, utilizing a ‘people mover’ belt conveyor that carries vehicles down slowly as team members clean the interior on the go.
People like this guy wants to encroach on it. Much like a stalker wants to get close to you for his/her obsessions.
Much like a stalker wants to get close to you for his/her obsessions. They know it's about power and control. However, it will be hard to attract these people for car wash services during winter season as most of the people in Pakistan like to stay inside the buildings due to cold weather.
In this regard, PSO will offer special discounts on washing, cleaning, and detailing services. Globalisation is a process in which the people and countries of the world are being brought closer and closer together, economically and culturally, through trade, information technology, travel, cultural exchanges, the mass media and mass entertainment.