In and Out Car Wash Business Proposal

By: Heather Crow, Kate Parker, Alex Sotiriadis, John Vowles

Product Market Company ConclusionRevenue Model Competitor Competitive Advantage

Products/Services

Full-Service Car Wash 4 Car Wash Packages

▪ Platinum▪ Gold▪ Silver▪ Bronze

Detailing Other Revenue (Auto Accessories,

Confectionary Goods)

Product Market Company ConclusionRevenue Model Competitor Competitive Advantage

Market

41,000 cars passing our location each day 10% population growth between 2006-2009

(according to the 2006 Census and Statistics Canada estimate)

25 yrs and older Business professional Women/Seniors Car Enthusiasts/Luxury Car Owners Anyone who wants the best car wash in

town

Product Market Company ConclusionRevenue Model Competitor Competitive Advantage

Revenue Model

Volume driven businessHigh end niche market (premium

service/prices)Complimentary Services (detailing

and full service car washes)Promotions and Incentive Plans

Product Market Company ConclusionRevenue Model Competitor Competitive Advantage

The Numbers

Fiscal Year 2012 2013 2014 2015 2016

Net Income 75,532 336,103 577,895 822,472 1,061,981

Cash from Operations 309,904 649,172 882,771 1,129,716 1,367,822

Profitability

Profit Margin 6% 17% 22% 25% 27%

Return on Assets 2% 10% 16% 20% 24%

Return on Equity 4% 16% 22% 26% 27%

IRR 28%

Product Market Company ConclusionRevenue Model Competitor Competitive Advantage

The Numbers

Capital Structure:

Debt - $2M

Equity - $1.2M by BoD Seeking additional $500K from Angel

Investor

Product Market Company ConclusionRevenue Model Competitor Competitive Advantage

Our Company

Skilled management team and Board of Directors

4 CA’s investing in the business Alex Sotiriadis will be CEO, CFO

2 experienced On-site Managers to provide technical expertise

Labour force to be comprised of mostly hourly employees

Product Market Company ConclusionRevenue Model Competitor Competitive Advantage

Competitors

Direct Spiffy Car Wash Mister Bubbles Car Wash Wet Willie’s Car Wash Main Street Car Wash

Indirect Gas Stations Detailing Shops

Product Market Company ConclusionRevenue Model Competitor Competitive Advantage

Competitive Advantage

First mover advantagePremium service in SaskatoonHigh volume traffic areaCustomer loyalty and incentive

Product Market Company ConclusionRevenue Model Competitor Competitive Advantage

Conclusion

Seize this excellent investment opportunity in Saskatoon!!!

Product Market Company ConclusionRevenue Model Competitor Competitive Advantage

Questions?

Thank you.

Product Market Company ConclusionRevenue Model Competitor Competitive Advantage

Location

Product Market Company ConclusionRevenue Model Competitor Competitive Advantage

Building Layout

200 ft

135 ft

Staff Room 12 ftCashier

32 ftWash Tunnel

80 ftEntrance Drying Exit

Wash Tunnel

Detailing Area 15 ftStorage

Vacuum

Mat Wash/Spray

Storage

WashroomsLounge Area Storage

Windows Along the Lounge

Product Market Company ConclusionRevenue Model Competitor Competitive Advantage

Packages

Platinum - $54.95 – 74.95 (Cars – Full Size Vans)

“Take your car to the spa wash” Gold Wash (15 min) plus Semi-Detail Semi-Detail:

▪ 40 min (cars), 50 min (Vans, SUVs)▪ Full cleaning wipe down of interior▪ Inside and outside (no streaking) window wash▪ Full vacuum (inside plus trunk)▪ Air freshener▪ Tire/rim cleaner

Product Market Company ConclusionRevenue Model Competitor Competitive Advantage

Packages

Gold - $20.53 “When only the best wash will do” Gold Wash (15 – 20 min)

▪ Rainbow wax (triple coat)▪ Rain guarantee▪ Inside air freshener▪ Under carriage rinse▪ Rust inhibitor▪ Vacuum interior/option of trunk

Product Market Company ConclusionRevenue Model Competitor Competitive Advantage

Packages

Silver - $18.30 “Quick and Dirty Wash”

▪ Basic Wash▪ Clear coat wax▪ No trunk vacuum

Bronze - $15.63 Basic Wash”

▪ Simple car wash ▪ No wax/no trunk vacuum