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Mashroo3k Feasibility Studies Service and commercial sector Women’s automatic car wash

Women’s automatic car wash

Study application

A feasibility study for a women’s car wash is considered a profitable project due to the increasing number of cars around the world. After women entered the field of driving cars, especially in the Kingdom of Saudi Arabia, it became important to establish a women’s car wash that provides its services to women.

Capital

Rate of return

Payback period First year

Project Description

Project Description

A feasibility study for a women’s car wash is considered a profitable project due to the increasing number of cars around the world. After women entered the field of driving cars, especially in the Kingdom of Saudi Arabia, it became important to establish a women’s car wash that provides its services to women. The automatic women’s car wash is also less expensive than its counterpart, which is a regular car wash, as it includes a small number of workers, but it includes modern and advanced equipment that cleans the car’s interior, vacuums dust, gets rid of stains and bad odors. Every part of the car is cleaned with high professionalism and skill, while polishing the car from the outside, washing it, changing the oils and lubricating the car. The cleaning operations depend on the best cleaning materials and the least harmful to the car body to preserve the car’s paint and the color and quality of the upholstery inside. There is also a special corner inside it for selling car accessories.

Project Services

Project Services

  • Regular Cleaning
  • Exterior Steam Cleaning and Polishing
  • Interior and Exterior Steam Cleaning and Polishing
Why Mashroo3k ?

Why Mashroo3k ?

  • Mashroo3k has over 11 years of experience in preparing feasibility studies, conducting market research, and providing comprehensive consulting services.
  • Mashroo3k has offices in 7 international branches, located in Saudi Arabia, the UAE, Egypt, Qatar, Oman, Yemen, and Iraq, in addition to its agents in China, Singapore, and other countries.
    Having delivered over 7,000 feasibility studies, Mashroo3k has helped thousands of clients achieve their investment goals.
  • Mashroo3k’s services are accredited and trusted by all financial institutions and funding entities across the Middle East.
  • The company’s geographic reach spans 35 countries across all continents.
  • Mashroo3k holds membership in over 100 prestigious international organizations specializing in market research and business management.
  • Its team consists of 350 consultants with deep expertise in promising economic sectors, ensuring tailored solutions and strategies that meet clients’ needs.
  • Mashroo3k is partnered with more than 10,200 suppliers across 22 countries, providing logistical support for projects, including production lines, raw materials, machinery, and equipment.
  • With an extensive database, Mashroo3k enhances the accuracy of its forecasts and analyses, strengthening its risk management capabilities.
  • Project Features
  • Study Contents
  • Sector indicators
  • The Project as an Investment Opportunity
مؤشرات القطاع
  • The car wash uses an automatic car wash.
  • All areas and parts of the car are cleaned.
  • Cars are cleaned and polished with high precision.
  • Tough stains, grease, and contaminants are removed without chemicals.
  • Cleaning is done to kill germs and microbes and eliminate unpleasant odors.
  • Quick response to customer requests and prompt response to their required tasks.
  • Cars are washed and polished by a team of highly qualified and efficient workers.
  • Car paint is preserved by avoiding the use of harmful materials in washing and polishing.

Executive summary

  • About the project
  • Financial indicators
  • Justifications for establishing the project
  • Government investment incentives in the project field
  • Target markets
  • Indicators and final results of the project

Study project services/products

  • Project Description and All Its Products/Services.
  • Project Advantages and Production Requirements.

Market Size Analysis

  • Understanding Distribution Channels.
  • Consumer Behavior, Preferences, and Habits.
  • Competitors’ Products or Services, and Their Strengths and Weaknesses.
  • Market Nature and Characteristics.
  • Demand Size for the Product or Service Offered.
  • Available Market Share of the Target Market.
  • The Optimal Marketing Method.

Risk Assessment

  • Risk Identification.
  • Impact of Risks on the Project.
  • Risk Mitigation Methods

Technical study

  • A detailed description of the project’s products, expected production capacity, and determination of investment costs.
  • Determining the required electricity and water capacity.
  • Determining the project’s labor requirements.
  • Determining the project’s requirements.
  • Calculating construction and building costs.
  • Calculating the total capital
  • Determining the annual operating costs.
  • Determining the amount of working capital.

Financial study

  • Total investment costs required for the project.
  • Organizing cash flow statements, income statements, and the balance sheet for the first ten years of operation.
  • Determine the expected annual revenues of the project in light of the specified operational capacities
  • The optimal financing structure for the project in light of investors’ capabilities and financing conditions.
  • The project’s financial indicators and sensitivity analysis.

Organizational and administrative study

  • Project workforce.
  • Organizational structure.
  • Job responsibilities.
المشروع كفرصة استثمارية

The Service Sector in the Gulf Cooperation Council (GCC) Countries

According to Macroeconomic Sector Theory

The economy is divided into three main sectors. The first sector involves raw material extraction, including mining, timber, oil exploration, agriculture, and fishing. The second sector focuses on goods production and sales, such as automobile manufacturing, furniture, and clothing trade. The third sector, known as the “service sector,” provides intangible services, including entertainment, healthcare, transportation, hospitality, and restaurants. This theory suggests that as nations progress, their economies become increasingly service-based, unlike primitive economies that primarily rely on the first sector. For example, in the United States, the service sector accounts for 85% of the economy.

Saudi Arabia

The service sector in Saudi Arabia is extensive and includes wholesale and retail trade, hospitality, transportation, finance, insurance, real estate, business services, social and personal services, and government services. Below are key indicators of the sector’s contribution to the economy:

  • The service sector contributes approximately 48.2% to Saudi Arabia’s GDP.

  • The wholesale and retail trade, hospitality, and restaurants sector contributes 10.8% to GDP.

  • The transportation, storage, information, and communication sector contributes 6.6% to GDP.

  • The finance, insurance, real estate, and business services sector contributes 6.4% to GDP.

  • The social and personal services sector contributes 2.5% to GDP.

  • The government services sector contributes 21.9% to GDP.

  • In the past year, Saudi Arabia issued 100,944 new commercial licenses, bringing the total to 348,173 licenses. The majority were issued for wholesale and retail trade, vehicle repair (48,242 licenses), followed by hospitality and food services (16,531 licenses) and construction (11,521 licenses).

Qatar

  • The wholesale and retail trade sector in Qatar is valued at 50,083 million Qatari riyals.

  • There are 11,139 establishments in the wholesale and retail trade sector, employing 213,954 workers.

  • Employee compensations in this sector amount to 11,288,877 thousand Qatari riyals.

  • The hospitality and restaurant sector includes 2,396 establishments with 78,194 employees and compensations reaching 2,947,431 thousand Qatari riyals.

  • Mobile phone subscriptions in Qatar include 976,015 regular users and 2,941,556 prepaid service users.

  • Roads paved in the past year reached 2,224 km.

  • Newly issued driver’s licenses totaled 242,923 last year.

  • Employee compensations in the transport and communication sector amounted to 24,338,223 thousand Qatari riyals.

  • Insurance documents issued last year totaled 715,897.

  • Business services establishments total 4,973, employing 215,285 workers with compensations exceeding 15,347,819 thousand Qatari riyals.

  • Employees in the social and personal services sector in the private sector number 80,569, with compensations reaching 6,127,645 thousand Qatari riyals.

Kuwait

  • The wholesale and retail trade sector contributes 1,644.3 million Kuwaiti dinars to GDP.

  • The hospitality and restaurant sector contributes 418.6 million Kuwaiti dinars.

  • The transportation, storage, and communication sector contributes 2,554.5 million Kuwaiti dinars.

  • Paved roads in Kuwait cover 91,340,068 m².

United Arab Emirates

  • Wholesale and retail trade, vehicle repair contributes 12.3% to GDP (172,288 million AED).

  • Transport and storage contribute 5.9% to GDP (82,461 million AED).

  • Hospitality and food services contribute 2.3% to GDP (32,357 million AED).

  • Information and communication contribute 2.9% to GDP (41,347 million AED).

  • Financial and insurance activities contribute 9.6% to GDP (134,773 million AED).

  • Insurance policies issued at the end of the previous year totaled 7,584,607.

  • Wholesale and retail trade employs 13% of the total workforce.

  • Transport and storage employ 6.2% of the workforce.

  • Hospitality and food services employ approximately 5% of the workforce.

Oman

  • Oman’s GDP stands at 29.3 billion Omani riyals.

  • The wholesale and retail trade sector contributes 7% to GDP (2,064.7 million OMR).

  • The hospitality and restaurant sector contributes 1.1% to GDP (308.6 million OMR).

  • The transportation, storage, and communication sector contributes 5.9% to GDP (1,721.2 million OMR).

The Global Service Sector

The service sector is the largest contributor to global GDP, accounting for more than three-fifths of total economic output. Unlike industries that produce tangible goods such as automobiles and furniture, this sector provides intangible services like banking, healthcare, transportation, hospitality, and entertainment.

The market value of the global service sector was estimated at $10,814.49 billion in 2020 and increased to $11,780.11 billion in 2021, achieving a compound annual growth rate (CAGR) of 8.9%. After recovering from the COVID-19 pandemic, global market analysts expect the sector’s market value to reach $15,683.84 billion by 2025, with an annual growth rate of 7% in the coming years.

مؤشرات المشروع

“Mashroo3k” Consulting recommends investing in the service industry, as its contribution to the global GDP increased from 62.8% in 2010 to 65.7% in 2020. According to World Bank data, this contribution is expected to rise to 69.6% by 2030, making it a promising sector for growth and investment.”

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