Industry Analysis & Industry Trends
After a couple of very difficult years, the Car Wash and Auto Detailing industry will experience a solid recovery in the next five. As the US economy recovers and awareness of water efficiency takes off, demand for this industry's services will increase again. Disposable income and consumer confidence will rise gradually, leading to growth in discretionary spending for industry services... purchase to read more
Industry Report - Industry Investment Chapter
The Car Wash and Auto Detailing industry has a low level of capital intensity. In 2013, industry operators will spend about $0.11 on capital for every dollar spent on labor. The typical industry establishment has between nine and 10 employees on premises, as there is a high degree of manual labor required for car washing. However, the level of capital intensity varies depending on the type of operation. Self-service establishments and in-bay automatic car washes have fewer labor requirements compared to conveyor car washes and auto detailing companies.
Capital intensity has been rising over the past five years... purchase to read more