The coin-op pet wash business plan describes an interesting business. It is essentially a hybrid of any coin-operated business model and the standard pet wash. Given that, what you need to cover in the business plan are the major considerations for any company that uses basic technology to service pet owners. How many people in the neighborhood own dogs? What about cats? Can you determine from the Census Bureau's reporting what the average household's annual expenditure is on pet care? These are available figures and they should play a role in your plan. Also cover these questions:
• How large is the geographic area that the pet wash will service?
• What is the cost of a pet wash to the consumer?
• How much will your utilities run?
• What staffing requirements are there?
• Are there any products sold at the pet wash?
The plan should detail your ancillary services/products, if any, and link them into a sales forecast that shows what the rate of sales will be and your likely profit. The pro forma model should include a start-up summary (use of funds), personnel plan, revenue, profit and loss, break-even, cash flow, and balance sheet. For a bank presentation, a three year projection should meet the SBA requirements. The plan also needs to show what competition you'll face (from other pet washes, dog groomers, etc.) and the way you will out-market them. Need help with this plan? MasterPlans has worked on a wide range of pet services businesses and we can deliver for you as well. Call us today at 877-453-2011.
