A Feasibility Study on the Establishment of Care Wash in Congressional Avenue, Quezon City

Authors

  • A.E Gonzalez
  • B.S Salandanan
  • C.B Lozada
  • E. Basig
  • J.E Ocon
  • Ana Maria M. Dacuno, MBA

Keywords:

feasibility, establishment, care wash

Abstract

Most of the people nowadays lack of time and effort to put themselves doing the car wash services on their own or visiting the car wash center, so the researchers think of providing a car wash service that is one-stop-shop named Care Wash also offering car accessories. Care wash is accessible to visit and where they can feel relax while the company takes care of their cars. The researcherassured its customer that the best service will be given.This study used qualitative research analysis. Through survey questionnaire, In order to know the service acceptance of the 100 respondents composed of private car owners, and PUV drivers. This study also utilized the financial statement to determine if the said business will be profitable in the automotive industry.As the Care wash gather the survey, 7 out of 10 car owners went in car wash center for the services offered. The ROI of the business is calculated dividing the Net income by the Total assets resulted 483.92% in the first year of its operation. The Care wash financial statement result to be profitable in the automotive industry.People have found ways to wash their cars ever since cars were invented. They either washed it by themselves at home or paid someone else to wash it. Care wash used different kind of strategies to promote the product and service to the consumers since the said location is accessible to the visit anytime and it may help the future researchers to have a more efficient research in this type of industry for the contribution in the business industry in our country.

Published

2019-04-01

How to Cite

Gonzalez, A. ., Salandanan, B. ., Lozada, C. ., Basig, E. ., Ocon, J. ., & Dacuno, MBA, A. M. M. . (2019). A Feasibility Study on the Establishment of Care Wash in Congressional Avenue, Quezon City. Ascendens Asia Singapore – Bestlink College of the Philippines Journal of Multidisciplinary Research, 1(1). Retrieved from https://ojs.aaresearchindex.com/index.php/aasgbcpjmra/article/view/1572

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