Business plan for opening a car park
The main goal of an entrepreneurial business is always to maximise profits. You can find out how much demand there is for a business by looking for potential customers. If there are a lot of customers, it is clear that the business will quickly pay for itself and start making a profit.
How to open a car park from scratch
Writing a business plan for a car park should take into account its geography, the number of possible customers and their ability to pay. When it is decided to open a car park in a dormitory urban area, its customers will be drivers of inexpensive cars. If you choose a place for parking near the business centre of the city, the clients will be drivers of elite cars. Here you will have to install the latest video surveillance, hire responsible and qualified employees for security.
The choice of location for a car park depends primarily on the size of the initial capital. An example of a car park business plan will help to guide you on what you need to do first.
An example of a car park business plan will help to guide you on what you need to do first.
Business plan for a car park
The development plan of the car park, when opening it from «zero», is divided into several parts: overview, description of the enterprise and its services, market analysis, financial plans, production plans. A multi-level car park can be built in a complex with a car park.
Overview
This part of the business plan forms and discusses the main objective, possible strategies by which the business will be created. The geography of the car park, the number of parking spaces should be specified here. The overview forms a focus on the specific customer base that will use these services.
The business plan should include the geography of the car park, the number of parking spaces.
Description of the work of the enterprise
The first task is to develop an image, a business card of the enterprise. It is necessary to come up with an original name for the car park, which will attract and interest customers. For an elite car park it is necessary to hire professional marketers, who will help to solve all the issues related to branding.
Further, the form of ownership is chosen. The type of taxation depends on it. In this part it is necessary to describe the location of the car park, specify all residential and non-residential buildings that are in the immediate vicinity. Based on the needs of the target audience, the opening hours of the car park should be chosen.
Description of services provided
It is necessary to describe the main activity of the company – providing parking spaces for a fee. In addition to the main services, you can offer customers additional services – these can be washing services, repair services.
Consumer Market Analysis
The consumers of car park services, their financial capabilities are considered here. Competitors are analysed, here, as in any other business, financial success depends primarily on competition. The presence or absence of competitors in the vicinity depends on the success of opening a car park.
Manufacturing Plan
The initial condition of the site where the car park will be located should be taken into account. All available nuances of the legal framework concerning this business are specified here. The list of necessary documents and the number of hired personnel is specified.
Financial plan of the enterprise
In this part, a list of income and expenses is studied and approved. The expenses column should include spending on: building construction, obtaining documents for work, salary expenses, rent, promotions. In the income column, the average revenue of the car park for the month is calculated.
Average revenue of the car park is calculated.
Parking as a business. Pros and cons
The number of personal cars in the population is growing every year. The demand for parking spaces is also constantly growing, especially in actively developing areas. Therefore, opening a car park – a profitable business.
A car park as a business.
The main plus point of this business is the one-time investment of money. Having spent money to create a car park, further investment will be required only in salaries to employees and payment of expenses for maintaining order on the territory. Stable client base – the main advantage of this type of activity. It is convenient for car owners to park their personal vehicles close to home.
Managing a car park is not difficult – the business requires a small staff of employees and small expenditure on salaries and maintenance.
The main advantage of this type of business is that it is easy to run.
Parking as a business: pitfalls
The disadvantages of this type of business also have. The main difficulty lies in the rather complex and time-consuming matter of preparing all the necessary documents for the work. It is difficult to find a territory that no one has yet occupied. In addition to obtaining documents from state authorities, it will be necessary to coordinate with the residents of the nearest houses. People who do not have cars have no need to create a car park. Some local residents may refuse, they will give their votes for the construction of playgrounds and green areas. If this situation is created, the owner of the car park will need to compromise.
People who do not have cars will need to compromise.
What documents are needed to open a car park
To open a car park you need to obtain all the authorising documentation. Registration as a legal entity or an individual entrepreneur is required.
You will need to acquire the right to lease state land. This issue is difficult to solve, you can not do without significant monetary expenditures. Remember, the most profitable places for the parking business are near densely populated residential areas.
The most profitable places for the parking business are near densely populated residential areas.
After obtaining a lease, project documents need to be assembled. All contracts and documentation must be co-ordinated with the local authority. After all of the above, the documentation is submitted to the Land Committee.
After obtaining the lease right, project documents must be collected.
If it is necessary to build a building on the territory of a car park, the following documents will be required: approval of the Management Board, a parking scheme, documents from the Fire Inspectorate and Rospotrebnadzor.
If there is no need to build, you will need to prepare documentation for inspection: a conclusion after deratisation; an agreement with a company that removes solid waste; a cash desk maintenance agreement; a lease agreement for the territory. You will also need to provide an agreement with the water utility.
An agreement with the water utility will also be required.
How much a car park earns
What initial investment will be required to start a business? The amount of money invested depends on the planned car park, its size and geography.
Start-up costs:
- Registration of documentation – 150 thousand roubles;
- Construction – 50 thousand roubles;
- Asphalting of the territory – 4 thousand rubles;
- Fencing – 5 thousand roubles;
- Lighting – 4 thousand roubles;
Monthly expenses:
- Rent – 100 thousand roubles;
- Wages – 100 thousand roubles;
- Municipal services – 3 thousand roubles.
The income of the car park
To calculate the income from the car park, it is necessary to calculate how many spaces for cars will be in the car park.
How much does a car park earn per month?"
- Average income per place – 200 rubles per day;
- Income for 100 working places – 20 thousand roubles per day;
- Gross income – 600 thousand roubles.
Profit
The business will fully pay off within two years. It should be understood that the occupancy of the car park in the first few months will be no more than 50%. If there is little competition and the car park is properly located, the customer base will start to grow. Within 6-8 months, the car park will be 100% full.
The business will pay for itself within two years.
Advertising will help to attract customers at the initial stage. Even before the car park is open, it is necessary to distribute business cards, where the address of the car park will be indicated. Remember, feedback from those who already use the car park will be the best advertising and will attract new customers. Opening a business is not difficult, the main thing – to have enough initial capital to cover all the costs.
When planning to develop a business in the automotive sector, you should pay attention to the ready-made business complex from the company «MSG equipment». The amount of money invested will be much smaller than in the case of creating a car park. Business complexes are characterised by a wide choice of activities and a small payback period. Ready-made business for car service centre to buy in Russia very easy. Depending on the direction, the customer chooses the course of training, tools and equipment that will be needed in future work.
Buy a ready-made car service business in Russia.
The offer will interest owners of service stations, which are aimed at modernising and expanding the business. Buying a business complex of «MSG equipment» company will help an ordinary employee of a car service station to open his own profitable business.
The offer will be of interest to owners of service stations who aim to modernise and expand their business.
