Soapy Ride

Arshdeep Singh 6805

To be viewed as a premium car wash and detail services in Patiala.

Maintain a very high gross profit margin.

Maintain a modest, stedily growing net profit margin.

Expand to two locations after fifty year of operation.

MissionThe mission of Soapy Ride Car Wash is to ensure that we will become best car wash company that provides the high quality washing and detailing services for various types of vehicle in Patiala. Further, the company will strive to maintain customer service at the peak level and highest satisfactory.

Vision1. High quality of behavior and attitude, fairness and

understanding between the management, staffs, suppliers and customers.

2. Maintain customer service at the peak level and highest satisfactory

The location of my business is adjoining Bhagat Ford petrol pump Sirhind road Patiala

Land will be on rent ,land required is 9600sq ft(80*120)

Soapy Rides will provide three services to its customers:-

Car washing (exterior)

Car washing (interior)

Car detailing

New car owners

Older car owners

Dealerships

Lifetime owners

Local businesses

Strengths

1. First automatic car washing equipment in the locality

2. High quality services i.e. clenliness

3. Use of gemerator in case of power failure

4. Convenience

1. In case of equipment goes out of order, it will take time to fix it as technicians will be coming from Delhi.

2. Entering into a business without prior experience.

3. Not easily acessible from the whole city.

4. Need to have fairly constant volume of business to support the necessary expenses.

1. Electricity is a big problem in the country.

2. Target customers have no awareness about automatic car washing.

3. The perception that there is not a difference in quality between a hand and machine wash.

1. We are the first provider of this service in thicommunity.

2. Awareness is increasing in people about time saving and cleanliness.

3. Number of cars are incresing 25 percent annually.

4. Automatic car wasshing is a great fun for customers.

ASSETS QTY COST PER UNIT TOTAL COST

Automaticmachine

1 15,00,000 15,00,000

Vaccum cleaner 3 5,000/- 15,000/-

Office and building

_ _ 3,00,000/-

Pump and tanks _ _ 1,00,000/-

Advertisement - - 20,000/-

miscellaneous 65,000/

Total investment

20,00,000/-

INVESTMENT….

Expenses

Electricity 15,000/-

Shampoo ,polish 8,000/-

Maintenance 5,000/-

Monthly rental charges 15,ooo/

Salaries

Supervisor 8,000/-

Labour(2*4500) 9,000/-

Total expenses 60,000/-

IncomeCars washed

Washing price Total income

15 Per day(450 per month)

Total

Half wash:150/-( 300 cars per month)

Full wash :250/-(150 cars per moth)

45,000

37,500

82,500