Prime Car Wash FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor offers and awards qualified parties a franchise for the right to independently own and operate a car wash location featuring flex-service car wash and detail services including, cleaning, vacuuming, waxing, shining, conditioning, drying, and other cleaning services, as well as limited products including beverages, refreshments, and snacks.
Prime Car Wash Franchising LLC was formed in the State of Indiana in February of 2019. Their principal business address is at 10150 Lantern Road, Suite 110, Fishers IN 46037. They first began offering franchises on March 20, 2019.
The total investment necessary to begin operation of a Prime Car Wash is between $1,684,500 and $3,280,000. This includes $50,000 – $155,000 that must be paid to the franchisor or their affiliates prior to opening.
The total investment necessary to operate multiple Car Washes under the form of area development agreement depends on the number of franchises the franchisor grants you the right to open. The total investment necessary to enter into an area development agreement for the right to develop three Car Washes is between $1,734,500 and $3,330,000 which includes an initial development fee of $100,000 that is paid to the franchisor, and the total investment to open and commence operations of your initial Car Wash. Under the area development agreement, the initial portion of the Development Fee is calculated as follows: $50,000 for the initial Franchised Business that the franchisor will grant you the right to open and operate under the Development Agreement; plus $30,000 for the second Franchised Business that you are granted the right to open under the Development Agreement; plus $20,000 for the third and each additional Franchised Business that you are granted the right to open.