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Financial Requirements
Untitled Document

The estimated initial investment of opening a CarStudio car wash can range from $56,500 to $120,400 not including real estate. As such, there are certain minimum financial requirements that must be met by prospective franchisees in order to ensure adequate funding. Financial requirements and fees include:

Net worth and Liquid Assets

Net Worth - $150,000

Liquid Assets - $50,000

Franchisee Fee

Initial Franchise License - $30,000

Subsequent Franchise Licenses - $30,000

Royalty Fee

5.0% of gross sales

Advertising Contribution

2.0% of gross sales


 


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