MELBOURNE, Australia — Today, entrepreneurs can run low-maintenance businesses that earn healthy profits, according to The Age, and carwashing is cited as a good example of this idea.
Diane Ross, the CEO of the Australian Car Wash Association, said in the article that she bought a carwash business 14 years ago thinking it would be a retirement business.
Today, the suburban carwashes are cash or credit card businesses, and there are no debtors to invoice or chase, Ross shared in the article.
Read also: PC&D: Australia Winter issue
Having an attendant on-site may make a carwash more inviting, but the business can run effectively even unattended, the article stated.
As a six-bay carwash would cost approximately $1.5 million, returns depend on the equipment and site.
Click here to read the entire article.
