Auto Executive Summary

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Pages: 2

Category: Business and Industry

Date Submitted: 11/21/2014 07:09 PM

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Auto Spa is a dynamic start-up company requiring PKR 5,000,000 to develop the first ever mobile car washing and detailing company in Pakistan. Exceptional quality services that will consistently exceed expectations will establish Auto Spa as the premiere car wash service in Lahore.

The founding four partners, veterans of a number of startups will pledge PKR 500,000 each. The additional PKR 3,000.000 will be from investing partners seeking a solid yet aggressive investment opportunity.

With over twenty years’ experience between them, the founding partners bring a wealth of experience to the company in the areas of marketing, finance, human resource and operations. They will each handle the day to day details according to their expertise.

Extensive research indicates Lahore is ready for such a service. As our plans call for a realistically achievable 500 customers per month (and only 200 customers to breakeven) the business is viable, achieving sustainability within six months. The mild consistent weather will allow us to operate unhindered for twelve months per annum.

Auto Spa’s creative low cost direct marketing campaign and promotions will attract the discriminating car owners in the target locations in Lahore: DHA, Gulburg, and Model Town. Direct competition is limited to unskilled household labor, outdated "tunnel" or friction car washes, and a few scattered washing systems at petrol pumps. Auto Spa will boast the latest technology in car washing - along with the highest quality chemical (cleaning solvents).

Auto Spa will be fully operation within thirty days of securing financing. We are offering 10% share of Auto Spa for a PKR 3,000,000 investment, preferably from two investors.

Investors will be paid a 20% dividend from net profit after the first year, per annum

Investors may sell their investment to any other investor, pending permission from Auto Spa

Auto Spa will turn a operating profit after four months. After seven months the...