Sevak Badalyan
Car-Washing Service
Sarukhan Village, Gegharkunik Marz

Project Summary

I have been working abroad in the last two years. I live in the village from October until March. Most inhabitants live in the village only at that time.

There aren’t any car-washing services in Sarukhan village, and people satisfy their demand in Yerevan and Gavar.

There are about 800 cars in Sarukhan, 400 of which are worth more than 2 million dram. The demand of the market and my desire to run my own business in Sarukhan influenced my decision of investing in this sphere.

Research showed that the company can serve 200 to 250 cars monthly.

The necessary investment for organizing activity is not so great. It is 1 million dram. The company ensures 1.6 million dram in annual profit.

Project Financial Analysis

Project Costs: 
1,000,000
Total Equity: 
700,000
Requested Amount: 
300,000
Loan committee decision: 
300,000
Received: 
0
Profit : 
1,633,000
Profitability of Equity: 
233 %
Current employees: 
0
New employees: 
2

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