This U.S. industry comprises establishments primarily engaged in cleaning, washing, and/or waxing automotive vehicles, such as passenger cars, trucks, and vans, and trailers.
The car wash industry (NAICS 811192) has been experiencing several notable qualitative trends. One significant trend is the increasing consumer demand for environmentally friendly and water-efficient car wash services. Many operators are adopting green technologies, such as water reclamation systems and biodegradable cleaning agents, to attract eco-conscious customers.
Another trend is the growing popularity of subscription-based service models. Car wash businesses are offering monthly or yearly membership plans, providing customers with unlimited washes for a fixed fee. This model ensures a steady revenue stream and fosters customer loyalty.
Technological advancements are also reshaping the industry. Automated and contactless car washes, facilitated by improved sensor technology and mobile apps, are becoming more widespread. These innovations enhance customer convenience and reduce labor costs.
Looking forward, the near future forecasts a continued emphasis on sustainability and technological integration. The adoption of electric vehicle (EV) specific services, like specialized cleaning and maintenance, is expected to rise as EVs gain market share. Additionally, data analytics and customer relationship management (CRM) tools will become increasingly important for personalized marketing and service delivery.
Automotive detailing services (i.e., cleaning, polishing)
Automotive washing and polishing
Car detailers
Car washes
Detailing services (i.e., cleaning and polishing), automotive
Mobile car and truck washes
Self-service carwash
Truck and bus washes
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.