Traffic count on your prospective site is usually one of the major factors for deciding on a good retail location. How can you determine what constitutes a good traffic count though? Is there a magic formula for what amount of traffic will allow you to be successful in the sedan cleanse business? Have a look at the following article taking us through the theme choosing a Car Wash South Carolina location.
There is not a minimum traffic count that will determine your overall success. However, traffic count along with other location factors will be a major factor in your overall success. A good indication of how traffic effects the overall success of location is shown by how many franchise operations will determine where or where they will not allow their retail stores to be located.
Then, Mr. Clean could sell off those units as Master franchises, where they were clustered and use them for new training facilities, for new owners. P & G has big guns and could use this to help get financing since the new auto swab business building has come to a standstill, financing issues. Still, auto washing is down straight across the board, virtually everywhere. Yes, it will pick up, and the new model will have to be $5.00 auto washes in 5-minutes. Only, a couple of companies have mastered that so far.
P&G plans to sell its franchises for $500,000, and that may not be enough to do a auto swab venture, and I have not seen the FDD (Franchise Disclosure Documents), to see what all that gets the franchise buyer. Indeed, I'd like to see the "Pre-Fab" buildings first (if that is there strategy), then maybe it could fit into a 500K deal.
Now then, back to this regulation, if they are doing it to the automobile Washing Industry - they are going to do it to the truck swab sector too. Not that recycling isn't wise, just that it is mandated in this way. Truck washes already recycle also, but what about other sectors of the washing industry? How about a very small detail shops that also cleanse cars, allowing customers to come in between quarterly or monthly details?
But there are other reasons that still make it perform well that I felt compensated for the light traffic count including being in a good shopping district, a high density of population nearby, little to no competition, good ingress and egress, and a few other factors. However, my location would probably perform much better if it had the 20K+ traffic count. (As a side note, a Walmart is being built about a quarter of a mile away, and this should increase traffic to almost 20k!)
One of the first things I learned when evaluating locations as a commercial real estate professional was that the speed limit in front of a prospective location was almost as important as the amount of traffic that went by. I would look at a prospective site and say "wow" this location has 30,000 vehicles a day, but my mentor would not be as enthusiastic about the prospective location.
Many of the sites that I initially thought were enticing were not that great after all because a high-speed limit did not allow for easy entry and exit into the prospective location. These locations were on a well-traveled highway between good retail shopping locations. The speed limit detracted from prospective customers from being enticed to stop at the location.
There is not a minimum traffic count that will determine your overall success. However, traffic count along with other location factors will be a major factor in your overall success. A good indication of how traffic effects the overall success of location is shown by how many franchise operations will determine where or where they will not allow their retail stores to be located.
Then, Mr. Clean could sell off those units as Master franchises, where they were clustered and use them for new training facilities, for new owners. P & G has big guns and could use this to help get financing since the new auto swab business building has come to a standstill, financing issues. Still, auto washing is down straight across the board, virtually everywhere. Yes, it will pick up, and the new model will have to be $5.00 auto washes in 5-minutes. Only, a couple of companies have mastered that so far.
P&G plans to sell its franchises for $500,000, and that may not be enough to do a auto swab venture, and I have not seen the FDD (Franchise Disclosure Documents), to see what all that gets the franchise buyer. Indeed, I'd like to see the "Pre-Fab" buildings first (if that is there strategy), then maybe it could fit into a 500K deal.
Now then, back to this regulation, if they are doing it to the automobile Washing Industry - they are going to do it to the truck swab sector too. Not that recycling isn't wise, just that it is mandated in this way. Truck washes already recycle also, but what about other sectors of the washing industry? How about a very small detail shops that also cleanse cars, allowing customers to come in between quarterly or monthly details?
But there are other reasons that still make it perform well that I felt compensated for the light traffic count including being in a good shopping district, a high density of population nearby, little to no competition, good ingress and egress, and a few other factors. However, my location would probably perform much better if it had the 20K+ traffic count. (As a side note, a Walmart is being built about a quarter of a mile away, and this should increase traffic to almost 20k!)
One of the first things I learned when evaluating locations as a commercial real estate professional was that the speed limit in front of a prospective location was almost as important as the amount of traffic that went by. I would look at a prospective site and say "wow" this location has 30,000 vehicles a day, but my mentor would not be as enthusiastic about the prospective location.
Many of the sites that I initially thought were enticing were not that great after all because a high-speed limit did not allow for easy entry and exit into the prospective location. These locations were on a well-traveled highway between good retail shopping locations. The speed limit detracted from prospective customers from being enticed to stop at the location.
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