A project Feasibility Study presented to the Faculty of

UNIVERSITY OF SOUTHEASTERN PHILIPPINES

STO. TOMAS EXTERNAL STUDIES PROGRAM

In Partial Fulfillment

Of the Requirements for the Degree of

BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION

MAJOR IN BUSINESS ECONOMICS

Submitted by:
Sulatan, Nathan James P.
Casas, Aubrey Rose D.
Delima, Lourd Ivann C.
Vistal, Gladys Joice N.
Manajero, Rizaldy L.
Gilos, Ancel Mae O.

Submitted to:
Mrs. Ligin C. Pono CPA, MBA
 FEASIBILITY STUDY

LOURD’S FINAL TOUCHED CAR WASH

Fd. Rd # 2, Sto. Tomas, Davao del Norte

Cellphone # 09366224437

www.lourdsfinaltouchedcarwash.com

Lourd Ivann C. Delima

Proprietor

May 2018
 APPROVAL SHEET

This feasibility study entitled “LOURD’S FINAL TOUCHED CAR WASH”

prepared and submitted by: Aubrey Rose D. Casas, Rizaldy L. Manajero, Ancel
Mae O. Gilos, Lourd Ivann C. Delima, Gladys Joice N. Vistal, Nathan James P.
Sulatan in partial fulfillment of the requirements for BSBA 3-B has been examined and
his hereby recommended for oral examination, approval and acceptance.

LIGIN C. PONO
Instructor

PANEL OF EXAMINEERS

JESSIE JAY LAYAN DAYNA GRACE ESTELA

Panel Panel

Panel and approved in partial fulfilment of the requirements for the Degree of
Bachelor of Science in Business Administration Major in Business Economics.

GERARDO DAGONDON
OIC-Director
 Acknowledgement

The researchers would like to express the sincere gratitude to the following
people who help and support this study:

Ma’am Ligin C. Pono in teaching study works within feasibility study, for words
of encouragement and tenacity to our ear.

She has taken pain to go through the study and make necessary corrections as needs.

Mr. Gerardo M. Dagondon OIC-Director, for giving permission to conduct this

feasibility study outside the school campus.

To our family and friends, who always there in the back-in-times of problems
and circumstances specially and financial aspect their sense of gratitude, further
because of their undying support and guidance of this study.

To our Almighty God, who gave his strength and knowledge for everyday life
and by sustaining all means especially in spiritual aspects.
 Dedication

The researchers humbly dedicate this feasibility study to their family and friends
and special feelings of gratitude to their loving parents, for their words of
encouragement and tenacity in their ears for their undying support.

They also dedicate this feasibility study to their brothers, sisters and church
mate who have supported throughout the process. They always appreciate all they
have done, especially for all the members of this study for doing this successful.
 THE EXECUTIVE SUMMARY

THE VIEW OF THE WHOLE PROJECT

The research being conducted show that people nowadays are used
their own vehicles for transportation. As long as there are cars or vehicles on
the road, there will be a need for car wash business. The business will install at
Fd. Rd. # 2, Sto. Tomas, Davao del Norte. It is planned on how the business
operates in terms of operational flow chart in details. Since it is located along
the road, the target customers that we are focusing are all the drivers here in
Sto. Tomas, Davao del Norte.

The operation of Lourd’s Final Touched Car Wash is essential to build a

strong image and have a good quality services.

Car Wash business have different types of car washes include a full-
service wash which features an exterior cleaning as well as interior vacuuming
performed by a worker. Nowadays, the most trend for people especially for
drivers is full-service wash which features an exterior cleaning as well as interior
vacuuming performed by a staff of workers. In this study, the proponents are
just maintaining the good quality of services towards the customers.

Delivering a clean and shiny car at the end of the wash process is no
small task. Remember regular car washing makes your car look better, last
longer and everyone is just happier driving a clean, shiny car.

“Lourd’s Final Touched Car Wash” will be dedicated to offering the

highest quality of service wash. Also, develop relationships with other small
businesses located near our car wash. Operators in this industry clean, wash
and wax automotive vehicles, such as passenger cars, trucks, vans,
motorcycle, tricycle, forwards, pick-up and etc.

“Lourd’s Final Touched Car Wash” will be dedicated to offering the

highest quality self-service wash using timer (operated hulog coin) wherein
customers can clean their own utility vehicles by using automated coin machine
they can use this by putting coin inside with corresponding time.
VISION

To become most progressive and leading Car Wash Business in Sto.

Tomas, Davao del Norte, that serve the customers wants at the best price.

MISSION

 Provide quality services to meet the customer’s satisfaction.

 Deal with the customers who are not satisfied with the services of other
car wash business.
 Provide top quality washing services for car owners in Sto. Tomas area.
 Will work to keep employees satisfied in order to maintain impeccable
customer service.

GOAL

 To develop a trust relationship with our customers.

 Defined by honesty, integrity and fairness.
 Your time is precious and you will not waste it by giving satisfying
experience.

OBJECTIVES

 To be viewed or a premium car wash services in Sto. Tomas.

 Maintain high profit and quality services for all the customers.
 To increase the sales in monthly operation.

STRATEGIES

 Install Chairs and add Waiting Area with TV

- Adding TV and chairs brings some comforts of home into a waiting
area and can contribute to improved firsts impression and overran
customer’s satisfaction.
 Choose Fun Tarpaulin with a Local Influence
- In areas with high traffic counts, colorful sign and clear messaging.
 Offer Good Quality of Services that cater the Customers’ Needs
 Offer Affordable Pricing to the Customer without compromising quality.
MANAGEMENT AND PERSONNEL FEASIBILTY SUMMARY

Organization Management practices will facilitate the quality of services.

It also provides an accountable to the community through clearly defined the
roles and responsibilities of every personnel.

 Initials, regular planning activities, to ensure that its focus on providing

high quality service.

 Management is responsible for ensuring that the machineries and

equipment are in a proper place.

PERSONNEL

 Handle all the staff in the organization.

 They have to inform all the workers about the policy changes in a
business.

 They have to hire a worker who are qualified.

MARKETING FEASIBILITY SUMMARY

A feasibility analysis is performed during design refinements. We will

provide the full service facility within our market area. Additionally, our water
reclamation system will provide an environmentally safe means for our
customers to clean their vehicles. The concept of having this business was to
brought about the need of particular community among the people in Sto.
Tomas, Davao del Norte. Lourd’s Final Touched Car Wash was surely offer
good quality service. The study identifies and makes recommendations and
feasibility analysis test whether the services will meet the social goals in the
market as well as the customer’s satisfaction in the services offers.

The group also targeted the three main groups of customers:

 The Individual Car Owner

 Car Dealership

 Local Business Car

TECHNICAL FEASIBILITY SUMMARY

The system is considered technically feasible if the technical capability

is effective to support the project requirements of the car wash business. The
proposed business will use the effective and efficient machineries and
equipment that can be brought in the town.

 Cost of machineries and equipment are expected to increase yearly.

 Equipment useful life is 10 years and others are 5 years.

 Machineries useful life is 6 years.

o Electricity will increase due to increase of wash load every day.

FINANCING OR FINANCIAL FEASIBILITY SUMMARY

 The LOURD’S FINAL TOUCHED Car Wash business is expecting to

gain the customers loyalty. LOURD’S FINAL TOUCHED Car Wash also
positioning itself as the premier hand car wash serving the long area in
Sto. Tomas, Davao del Norte.

 The business will generate a high profit after one year.

 Forecasted 5% market share.

SOCIO-ECONOMIC FEASIBILTY SUMMARY

The Socio-Economic assesses the operation of LOURD’S FINAL

TOUCHED Car Wash at Fd. Rd # 1, Sto. Tomas, Davao del Norte, reveals that
there is a sufficient detail with the responsibility of relationship of the business
towards the society within which it operates. The surrounding community has a
proper drainage for the wash loads. It is also favorable to customers and make
it one of the most convenient areas for putting up a Car Wash Business.
CONCLUSION OF THE FEASIBILITY

Car washes are very efficient when it comes to water usage. Having
repeated the same task thousands of times, automatic car washes use an
efficient amount of water to get the job done. If you don’t look forward to
washing your car, you are not alone. Cleaning your car in your driveway is very
time consuming, requires a significant amount of energy and it is a really messy
job. The majority of people still prefer an automated car wash for good reason.
An automated car wash is quicker, more convenient and offers a number of
other key advantages.
 PROJECT BACKGROUND AND HISTORY

The most essential part of in carwash business is to keep pretty and nifty
all the vehicles. Regular washes and waxes are important to keep your vehicles
body healthy; we understand that car wash has become every competitive over
the last ten years of serving people. In order to success in car wash, we need
to be creative, customer centered, passionate, driven and be visionary to your
business venture.

NAME NATIONALITY ADDRESS OWNERSHIP

Delima, Lourd Bisaya Purok 20-E Marscon 100%

Ivann Cubijano ,Sto. Tomas, Davao
del Norte

The business is owned by a proprietor named Mr. Lourd Ivann C. Delima, a 20-
year-old son of Mr. Nilbeth T. Delima and Mrs. Yonily C. Delima. He is the eldest son
among 4 siblings. He’s taking up the course of Bachelor of Science in Business
Administration Major in Business Economics at the University of Southeastern
Philippines STESP. They owned a Banana mini-packing Plantation and also a (1)
hectare Banana Plantation located at Marscon, Sto. Tomas, Davao del Norte.
NAME OF THE PROPOSE PROJECT

Our group used the LOURD’S FINAL TOUCHED CAR WASH as name
of our premier business; we used this name as followed to the owner’s name
and we give a special flavor to innovate our business name that grab the
attentions of our customers because we want to resonate them about our
business and we’re trying to reach our target to measure the relevancy of the
business to come up with. this unique and catchy name we make sure that
customers curious and engaged about the business.

LOCATION OF THE PROJECT

The proposed business and the processing site shall be located at Fd.
Rd. # 1, Sto. Tomas, Davao del Norte infront of citi star. The place will be
suitable for the installation of car wash business because it is located along the
highway and it has a proper drainage for the water. It is also accessible
business since now a day, many people used their own vehicles for
transportation.

TYPES OF BUSINESS ORGANIZATION

The organization of our Car Wash Business would be Sole

Proprietorship. The Sole Proprietorship is a simple that is usually owned and
operated by a single person. It is typically used for a business structure because
it is easy to form and inexpensive.

All assets of the business are the proprietor’s ownership. Meaning, the owner
entity is also the business entity. The owner operates the business is personally
liable for all business debts, can freely transfer all or part of the business and
can report profit or loss on personal income tax return.
TYPES OF BUSINESS INDUSTRY

The Car Wash Business belong to service industry. It is a type of

business that provides services to customers rather than producing a product.
An industry made up of companies that primarily, earn revenue through
providing services. Services industry are involved in resale, transport,
distribution, food services, as well as other service, dominated businesses.
Service industry is a business that does work for a customers and occasionally
provide goods.

Project Description

A car wash can either be an automated business, or it can be a hands-

on business requiring employees. A successful car wash business is one that
is reliable for customers, offers quality results and easy for customers to use.
With hard work and a solid business plan, it is possible for a car wash business
owner to create a profitable business. A full service car wash has the ability to
offer more services than a self-service car wash business, and this allows the
full service wash to experience more revenue potential.
Important features

Carwash is one of the most premier business industry, the most

important features about carwash is making sure that the vehicles are neat,
clean and good condition. The business will give good performance to make
sure that all prospective customers will be back again. In terms of service we
are responsible of handling and maintaining the vehicles to make sophisticated
and nifty. We open 8 hours Mondays to Sundays. We are also estimating the
quantifiable and the characteristics of our carwash and general activities and
insuring the equipment structure are in the good conditioned.

How the business/services will be used

Our business provides good quality services to our prospective

customers. We make sure that every car we touched is neat and trendy.

What makes your services different from others?

We focus on providing the best quality service we can, using the best
products available. We don't have the capacity to do as many cars as some of
our competitors can, but we're okay with that!

LOURD’S FINAL TOUCH CARWASH is unique innovative in lots of ways, but

one thing that makes us really special is that we use only washed scratch-free
mitts and microfiber towels on your car. Some other car washes reuse their
mitts and towels. This is bad because dirt, grit and rocks can get trapped with
repeated use, which can scratch the finish of your car.

Comfort is key when you're waiting for your car, so we have tricked our waiting
room with comfy amenities and free Wi-Fi to all customers to kill boredom and
monotony.

SLOGAN: ABSOLUTE RESULT FOR ABSOLUTE PERFORMANCE. WE

DO, BECAUSE WE CAN!
 “Lourd’s Final Touched Car Wash”
Fd.Rd. 01, Sto. Tomas, Davao del Noirte

PRICING

UNITS WASHING PRICE DESCRIPTION

Car Minisize including:

 Pick-up Php 140.00 Interior and exterior
 Kotse Php 140.00 cleaning with (free
 Van (SUV) Php 140.00 vacuum and free tire
black)

 Whole cleaning
 Motor Cycle Php 40.00  Additional Php 10
 Tricycle Php 50.00 for the tire black
 Additional P 10 for
the car wax

 Truck  Exterior cleaning

 Forward Php 250.00-300.00 without vacuuming
 Elf  With Tire black and
car wax
 MANAGEMENT AND PERSONNEL FEASIBILITY

PERSONNEL (ADMINISTRATIVE)

Our business is build up with positive and hardworking leaders. With a

sole proprietorship business organization, we can run this business with a
support of each member. We decided to hire mechanical technician to keep our
machines and equipment in a good condition. We assure that our partnership
will be enough to give a good quality service that will satisfy the wants of our
customers.

ORGANIZATIONAL CHART

Owner/ Cashier
Lourd Ivann C.
Delima

Car Wash
Attendant Car wash
Attendant
Manajero,
Rizaldy Sulatan,
Nathan James
Line Type Organization

The owner decided to choose line type organization because it is the

oldest and simplest method of administrative organization. According to this
type of organization, the authority flows from the top to bottom in a concern.

MANAGEMENT PROPOSALS

We decided to choose the Theory X as our management style because

in Theory X, managers have an optimistic, positive opinion of their people and
the used of decentralized, participative management style. This style that we
used is to encourage more collaborative relationship between managers and
their team members. They will undergo training to improve the skills and
performance to learn to work without incentive. The manager also encouraged
them to develop their skills and suggest improvements.

This style of management assumes that workers are:

 Happy to work on their own initiative.

 More involved in decision making.

 Self-motivated to complete their task.

 View works as fulfilling and challenging.

 Solve problems creatively and imaginatively.

RULES AND POLICIES OF LOURD’S FINAL TOUCHED CAR WASH

 NO SMOKING inside the washing area.

 The workers should be presentable and clean.
 Approachable to handle customer’s complaints.
CUSTOMER SERVICE POLICY

 The workers are responsible for providing the best customer service
possible and empowerment to make decisions that will ensure the best
experience for each customer.

 The workers will assets customers on a first come, first served basis to
the extent possible without infringing on the service needs of other
customers

EMPLOYEE’S POLICY

 Dress Code - Car wash employees will provide their own undergarments
like black pants or short and shoes or work boots.

 Appearance - Workers are required to follow a professional appearance

policy.

 Starting Pay - Car wash man starting pay is Php 250 for full-time
employees and Php 180 for part-time employees.

 Age Requirement - Car wash employee must 18 years old and above.

SYSTEMS AND FORM OF DESIGN

 Prayer- Before we start our daily operations, we ask for the help and
guidance of our almighty God.
 Checking of Inventories- Daily checking of inventories to know how much
is the daily income of your business.
 Checking the machineries and equipment- Checking the machineries
and equipment before and after the working hour in order to prevent the
delayed of work cause by the malfunction of machines.
 Placing machineries and equipment in their respective area.
 The owner decided to open the Lourd’s Final Touched Car Wash at 8:00
a.m. in the morning and close it 7:00 p.m in the evening from

Monday to Sunday.

WORKER’S TIME SCHEDULE

Monday Tuesday Wednesday Thursday Friday Saturday Sunday

Car Wash
man 1

Car Wash
man 2

Legends:

Working day Rest day

 The Table below shows the job position, job description and job
qualification of “Lourd’s Final Touched Car Wash”

JOB POSITION JOB DESCRIPTION JOB QUALIFICATION

Owner/Manager Owner/manager (head of the  He is the to manage

management) his business to
 Knows how to motivate his reach our expected
employees profit.
 Responsible for planning
and scheduling
 Can work in the diverse
group of people

Cashier  Prioritized helping  Honest and

customers over completing respectful
other routine tasks the  Basic math skills
stores  Excellent
 Built relationships with interpersonal
customers to increase communication
likelihood of repeat business  Ability to resolve
 Engaged with customers in customer’s disputes
a sincere and friendly in a patient manner.
manner
 Greeted customers in a
timely fashion while quickly
determining their needs
Car wash man Car wash man  At least high school
 Vacuum, cleaned, and graduate
maintained vehicle interiors  With or without
including dashboards, experience
consoles, carpet and car  Must be work under
set. pressure
 Wash and polished vehicle  Must be 18 years
exteriors, tire, and rims. old and above
 Welcome visitors by
greeting them.
 Performed filing and basic
clerical duties.
 Participate in wash process
and apply car wash
equipment
 Greet customers
courteously and explain
available wash available
wash services to them; take
and process wash

Employment requirements:

1. Birth certificate
2. Barangay clearance
3. Police clearance
4. Bio data
5. NSO authentication birth certificate
 If you hired, please provide the following:
- Apron (Transparent cellophane)
- Boots
The following data below are the salaries of the workers on “Lourd’s Final
Touched Car wash” per day and per month

Employee’s Proposed Salary

Position Maximum Annual

Monthly Salaries
Salaries
Manager/ _ _
Owner/Cashier

Car Wash man 1 P 3,000 per P 36,000.00

month

Car Wash man 2 P 3,000 per P 36,000.00

month

Total of Employee’s P 7,000 per P 72,000.00

proposed Salary month
 A. Equipment.

Quantity Machineries Function Sources Price

& Equipment
1pc Car Wash Is an extension Tagum P 5,500.00
Machine clearing machine Hardware
ideal for car
cleaning as it can be
used with thick foam
or liquid detergent.

1pc Hose Replace A flexible hollow Tagum P 819.00

tube designed to Hardware
carry water from
one location to
another.

1pc Used for removing Gaisano Mall P 4,500.00

Vacuum pet hair, tint and dirt of Tagum
Cleaner from a car’s interior.

1 pc. Foamier with Uses the air Tagum P 7,450.00

Compressor pressure from an air Hardware
compressor to
convert shampoo or
any foamy product
into unbelievable
foam.
3pcs. Hose fittings Use to connect Lazadaonline. P 332.00
hoses, pipes and ph
tubes.
1pc Hand Pump A mechanical Mylene P 2,700.00
advantage to move Hardware
fluids or air from one
place to another.

2 pcs. Tube A long, hollow Mylene P 1,758.00

object that is used Hardware
especially to control
the flow of a liquid.

A. Materials and Supplies

2 pcs. Pails/Bucket Use for storing Citi Star P 180.00

water. (P90 each)

4 pcs. Micro Fiber It will gently pull Citi Star P 270.00

rags dust, dirt and grime (P90 each)
away from the
vehicle surface
where it cannot
scratch.

4 Pcs. Car Sponge Scrubbed away Citi Star P 196.00

stubborn dirt and (P49 each)
grime from every
curve of your
vehicle.
4 litters Car Wax Liquid Formulated to fill Lazada P 499.00
scratches, give online.ph
nonporous surfaces
like glass and metal
a beautiful shine,
and protect from
smudges and stains.
4 litters Tire Black Specially formulated Lazada P 299.00
Shine to deliver the most online.ph
brilliant shine of any
leading tire spray
available. It dries
quickly so there is
less chance for sling
on your wheel wells.
2 dozen Detergent It is designed to 588 Mini Mart P 132.00
replace the small
amount of wax,
which is removed
from the normal
washing of a vehicle.
Marketing Feasibility
PROPOSED MARKETING PROGRAM

The target market of the proposed business is Sto. Tomas, Davao del Norte.
The owners budget an amount of Php 50,000 to 65,000 pesos for marketing activity.
This will defend on the projected operation cost of Lourd’s Final Touched Car Wash
Business. The promotional activity is the form of tarpaulin and flyers; it is economical
and has a lot of potential customers will attract with the name of the proposed business
and the promotion is the business of communicating with customers. It will assist them
in making a decision to like our services. The cost associated with promotion often
represents a sizeable proportion of the overall cost of operating a car wash business.
Successful promotion helps a business to spread costs over a larger service.

A marketing feasibility plan for a Car Wash business identifies sales for the
number of customers to maintain a competitive edge. It defines markets, such as
drivers and car owner in Sto. Tomas, Davao del Norte.

A plan typically identifies strategies for the whole definition of a market,

identifying market shares, identifying the positioning strategy, promoting the services,
setting the pricing strategy and analyzing the competition through SWOT Analysis.

General Market definition

The Lourd’s Final Touched Car Wash conducted a survey to our competitors
through asking their daily, and monthly income (minimum and maximum). We
gathered information about the total population of all residents of Municipality of Sto.
Tomas, Davao del Norte who had their own vehicles. In Municipality of Sto. Tomas,
there are 19 barangays and since, not all the residents had own a vehicle, what we
did is we got the 20% of population in every barangay to make our possible prospects.
Competitors Sales/Units

JHUNMARK 25 units

NICHIOLE CARWASH 15 units

DADULA CARWASH 1O units

J-R CARWASH 41 units

ROJER CARWASH 30 units

ROMEO CARWASH 29 units

DETERMINATION OF THE MARKET

Determination of the firms Market Share

Number of prospects in the target Market 27, 886 (had vehicle)

Frequency of the purchase per year (average) 48 times
Total number Purchased per year 1,338,528
Average payment per purchase P40
Projected Total industry sales per year 53,541,120
Percentage the firm can attain 5%
The Firm’s Market shares 2, 677,056

Positioning Strategy

1. What does the customer really want to wash their vehicles in carwash?

Mostly the customers will wash their vehicles to carwash because it less hassle
and less effort and not just only for the best prices but also the good quality service.

2. How is the business service different from others?

Among the other car wash businesses located at Sto. Tomas (POB.), our car
wash is different from them. We are the only car wash business offer free Wi-Fi and
TV that pamper the relaxation of our customers while waiting for their car or vehicles.
And we can provide quality service.

3. And what makes the quality or service unique?

Our business deals with job orders just to meet the exact description for the
customers. And we are also accepting any sizes of vehicles and most especially in
terms of pricing, we have flexible price that suit to their budget.
Pricing Strategy

The owner used Mark-up strategy because mark-up depend on numerous

factors that reflect to target market of the business. One of the plus factors that
encourage the prospect customers is to give a good service for the best price and
putting mark-up strategy will help to make your business successful. This approach
will base on price for vehicles on what it paid for that services plus percentage of that
cost. The percentage of cost is added to the cost on what is referred. The price of each
vehicles is depending on what sizes of the vehicles or they want to add special service.
Mark-up approach really help your business tremendously.

Promotion Strategy

We have promoted our business through tarpaulin. Using tarpaulin, we feature

different services that we offer at Lourd’s Final Touched Car Wash. It also indicates
our location. We even have Posters/Fliers distributed to all residents of Sto. Tomas in
order to inform them that there is a new launched car wash. It also indicates the slogan
of the business.
 SWOT ANALYSIS

OF THE COMPETITOR’S

S W O T

 Competitive  Not  The  Seeing a

Workers environmental possibility low return
 Special friendly. to benefit of
Skills  High price from the investment
 Well trained  Lack of chairs skills on your
Employees for waiting training. business.
 Established customers.  Big time  If the
Business  Uncomfortable job customers
place for the especially are not
customers. to (SUV’s, satisfied
Forward, with the
Elf and services,
etc.) they will
not come
back again.
 SWOT ANALYSIS

OF LOURD’S FINAL TOUCHED CAR WASH

S w o T

 Very  New in the  Facility is  Seeing a

affordable operation located high return
price of along the on
 Flexible business. highway investments.
working  With high where you  The fierce
hours capital can offer competition
 Competitive beginning special from other
workers to finance services to competitors
 Compatible the the in the
environment business customers. market.
operation.  Big time job
especially
to SUV’s,
Elf,
Forward
and Taxi’s
wash.
 Technical Feasibility

Services

 Car Minimize including: Pick up, Taxi, Van interior and exterior cleaning with
free vacuum and free tire black.

 Motor Cycle, small and big whole cleaning with Additional Php 10 for the tire
black Additional Php 10 for the car wax.

 In huge vehicles such as Truck, Forward, Elf we offer them exterior cleaning
without vacuuming with tire black and car wax.

Machineries and Equipment Useful life

The machineries and equipment have useful life because the machineries and
equipment will be depreciating in years goes by in times pass by machineries and
equipment will change also because one way to adopted the environment in business
we have to innovate our business in all matters that’s why the volume of electricity will
increase tremendously.

More people and vehicles means more energy consumption being consumed
and generally for longer periods of time. Like in Lourd’s Final Touched Car Wash we
used a lot of appliances to feed the needs of our customer.

Water

The cost of water is necessary to the business, whereas some costs you may
be able to find an alternative way such as using electricity compared to using natural
gas or using eco-friendly soaps than chemicals that are potentially hazardous to a
vehicle’s exterior.
Electricity

Running a carwash business takes a lot of energy consumption to keep the

business work to maximum efficiency. It is estimated that the half of our equipment
use electricity to perform better and it will less hassle, less effort and time less.
Financial Feasibility
 Estimated Gross Income

No. Units Daily Weekly Monthly Annually

of
Units
5 Motorcycles 200.00 + P 1,750.00 P 7,000.00 P 84,000.00
50.00
2 Pick-up & Kotse P280 P 1,960.00 P 7,840.00 P 94,080.00
2 Tricycles P100+20 P 840.00 P 3,360.00 P 6,720.00
4 Van (SUV) P 560.00 P 6,000.00
2 Trucks P 500.00 P 16,800.00
10 Coin Operated P 50.00 P 350.00 P 1,400.00 P 40,320.00
26 Total P 1,430.00 P4, 060.00 P 20,660.00 P 247,920.00
 TOTAL PROJECTED COST

A. Fixed Cost

UNITS CATEGORY PRICE

1 Car wash machine Php 5,500.00

1 Hand pump Php 2,700.00
2 20 ft. for tube for Hand Php 1,758.00
Pump
15 meters Hose Php 880.00
1 Vacuum cleaner Php 4,500.00
1 Foamier with compressor Php 7,450.00
1 Coin Operated Machine Php 2,200.00
3 Nossol Php 332.00
1 Wi-Fi Php 3,000.00
TOTAL FIXED COST Php 28,320.00

B. Materials and Supplies (Direct Cost)

UNITS MATERIALS NAND SUPPLIES PRICE

2pcs Pails /bucket Php 180.00

4pcs Micro fibre rags Php 503.00
3pcs Car sponge Php 142.00
4litters Car wax liquid Php 475.00
3litters Tire black shine Php 299.00
1 doz Detergent soap Php 66.00
TOTAL DIRECT COST Php 1,797.00

C. Indirect Cost

Monthly operations
Labor Cost (2 workers) 100 each per day Php 6,000.00
Electricity Php 3,000.00
Rent Expense Php 5,000.00
Internet Connection Php 999.00
TOTAL INDIRECT COST Php 14,999.00
Pre-Operating Capital

Items
Tarpaulin Php 200.00
Legal Permits Php 1,500.00
TOTAL PRE-OPERATING CAPITAL Php 1,700.00

Depreciation (Machineries)

Machineries Prices Estimated Depreciation

Useful Life

Carwash P 5,500.00 6 years P 916.67

Machine

Vacuum P 4,500.00 6 years P 750.00

Cleaner

Foamier with P 7,450.00 6 years P 1,241.67

Compressor

Coin Operated P 2,200.00 6 years P 366.67

Machine

TOTAL P 19,650.00 6 years P 3,275.01

Depreciation (Equipment)

Equipment Prices Estimated Depreciation

Useful Life

Hand Pump P 2,700.00 15 years P 180.00

Tubes P1,758.00 15 years P 117.20

Hose P 880.00 5 years P 176.00

Hose Fittings P 332.00 5 years P 66.40

Wi-Fi P 3,000.00 5 years P 600.00

TOTAL P 8, 670.00 P 1,139.60

The Financier/s

The “Lourd’s Final Touched Car Wash” estimated the capital amounting Php
50,000 to cater all the expenses needed for the operation of the car wash Business.
That’s why Mr. Lourd Ivann C. Delima provides the fully amounted capital.

Financiers

Item Name Debt Equity Contribution

Mr. Lourd P 50,000.00 100%

Ivann C.
Delima

Total P 50,000.00 100%

 Lourd’s Final Touched Car Wash
TOTAL PROJECTED COST

CATEGORY COST

Machineries P 19,650.00
Equipment P 8,670.00
Materials and Supplies P 1,797.00
Rent Expense P 5,000.00
Utilities Expense P 3,999.00
Salaries Expense P 6,000.00
Taxes and Licenses P 1,500.00

Marketing Expense:

Tarpaulin P 200.00

Working Capital P 3,184.00

Total Projected Cost: P 50,000.00

 Lourd’s Final Touched Car Wash
PROJECTED INCOME STATEMENT MONTHLY

Service Income: P 20,660.00

Expenses:

Materials & Supplies Expense P 1,797.00

Utilities Expense P 3,999.00
Rent Expense P 5,000.00
Taxes and licenses P 1,500.00
Salaries Expense P 6,000.00
Depreciation Expense P 367.89
Marketing Expense P 200.00

Total Expenses: P 18,863.89

Net Income: P 1,796.11

 Lourd’s Final Touched Car Wash
PROJECTED STATEMENT CASH FLOWS MONTHLY
Cash Inflows
Investing:
Delima, Capital P 50,000.00
Total: P 50,000.00

Operating Income: P 20,660.00

Total: P 20,660.00
Total Cash Inflows: P 70,660.00

Cash Outflows
Investing:
Equipment P 722.50
Machineries P 1,637.50
Total: P 2,360.00
Operating Expenses:
Materials & Supplies Expense P 1,797.00
Salaries Expense P 6,000.00
Utilities Expense P 3,999.00
Taxes and Licenses P 1,500.00
Rent Expense P 5,000.00

Total Expenses: P 18,496.00

Total Cash Outflows: P 20,856.00

Total Net Cash Flows: P 49,804.00

 Lourd’s Final Touched Car Wash
PROJECTED BALANCE SHEET MONTHLY

Assets
Current Asset
Cash P49,804.00

Total Current Asset P 49,804.00

Non-current asset
Machineries P 1,637.50
Acc. Depreciation
(Machineries) P 272.92 P 1,364.58

Equipment P 722.50
Acc. Depreciation
(Equipment) P 94.97 P 627.53

Total Non- Current Assets: P 1,992.11

Total assets: P 51,796.11

Equity

Delima, Capital Beg. P 50,000.00

Net Income P 1,796.11

Total Equity: P 51,796.11

 Lourd’s Final Touched Car Wash
PROJECTED INCOME STATEMENT ANNUALLY

Service Income: P 247,920.00

Expenses:

Materials & Supplies Expense P 21,564.00

Utilities Expense P 47,988.00
Rent Expense P 60,000.00
Taxes and licenses P 3,000.00
Salaries Expense P 72,000.00
Depreciation Expense P 4,414.61

Total Expenses: P 208,966.61

Net Income: P 38,953.39

 Lourd’s Final Touched Car Wash
PROJECTED STATEMENT OF CASH FLOWS ANNUALLY

Cash Inflows
Investing:
Delima, Capital P 50,000.00
Total: P 50,000.00

Operating
Income: P 247,920.00
Total: P 247,920.00
Total Cash Inflows: P 297,920.00

Cash Outflows
Investing:
Equipment P 19,650.00
Machineries P 8,670.00
Total: P 28,320.00

Operating Expenses:
Materials & Supplies Expense P 21,564.00
Salaries Expense P 72,000.00
Utilities Expense P 47,988.00
Rent Expense P 60,000.00
Legal Permits P 3,000.00

Total Expenses: P 204,552.00

Total Cash Outflows: P 233,872.00

Total Cash Flows: P 65,048.00

 Lourd’s Final Touched Car Wash
PROJECTED BALANCE SHEET ANNUALLY

Assets
Current Asset
Cash P 65.048.00

Total Current Asset P 65,048.00

Non-current asset
Machineries P19,650.00
(Acc. Depreciation machineries) P3,275.00 P 16,374.99
Equipment P8,670.00
(Acc. Depreciation Equipment) P1,139.60 P 7,530.04

Total Non- Current Assets: P 23,905.39

Total assets: P 88,953.39

Equity
Delima, Capital Beg. P 50,000.00
Net Income P 38,953.32

Total Equity: P 88,953.39

 RETURN OF INVESTMENT

Net Income (annually)

ROI = ____________________
Total Equity/Investment

38,953.32
= __________
88,953.32

= 0.43790

1
Payback Period = _____

ROI

1
= _______
0.43790

= 2.283663

Therefore, it takes 2 years and 3 months to return the initial investment.

Socio-Economic Feasibility
Objective of the Study

The main purpose of this section is to recognize the importance of the business
in the economy and to determine its contribute and utilizing purpose.

The objective was strengthening of the capability of people and promotes car wash
business through training spawn production and linking employees to markets.

Moreover, the project provides quality services in the business world with less service
price. This kind of business creates new employment opportunities.

Socio Economic Aspect

 To develop a vision and strategy for employment generation.

 To help increase employment because there’s a lot of people who couldn’t work
until now and we want to help them find regular works.

 Anyone can apply as long as they are competent for the position and meet the
requirements regardless of what school they graduated.

 To facilitate manpower planning especially in car wash in key sectors of the

economy.

Contribution to the Philippine economy

This business is socio-economy that the contribution to the locality is pay the
business permits, taxes and licenses. All these payments are additional income for the
government. The main reason why the owner engage in business is to gain profit and
to help people in the society satisfy their wants. Through the business, it can provide
job opportunities for people in the community or in Sto. Tomas. It Particular focus will
be on people interring the labor market as important for the social and economic
developments of the Country. The project is not only income generating but also
provide good services to the people in the municipality of Sto. Tomas.
 CURRICULUM VITAE

ANCEL MAE O. GILOS

Purok 20-B Marscon, Sto. Tomas, Davao del Norte
gilosancel@ymail.com
09357424368
______________________________________________________________

PERSONAL INFORMATION

Age : 20

Date of Birth : October 26, 1997

Place of Birth : Sto. Tomas

Civil Status : Single

Religion : Roman Catholic

EDUCATIONAL BACKGROUND

Tertiary: University of Southeastern Philippines Present

Bachelor of Science in Business Administration

Major in Business Economics

Secondary: Sto. Tomas National High School 2013-2014

Menzi, Sto. Tomas, Davao del Norte

Elementary: Nafco Central Elementary School 2009-2010

Nafco, Sto. Tomas, Davao del Norte

 CURRICULUM VITAE

GLADYS JOICE N. VISTAL

Purok 6 Lower Bobongon, Sto. Tomas, Davao del Norte
gladysjoice_ii@yahoo.com
09971982275

______________________________________________________________

PERSONAL INFORMATION

Age : 20

Date of Birth : March 14, 1998

Place of Birth : Sto. Tomas

Civil Status : Single

Religion : Roman Catholic

EDUCATIONAL BACKGROUND

Tertiary: University of Southeastern Philippines Present

Bachelor of Science in Business Administration

Major in Business Economics

Secondary: Sto. Tomas National High School 2013-2014

Menzi, Sto. Tomas, Davao del Norte

Elementary: Nafco Central Elementary School 2009-2010

Nafco, Sto. Tomas, Davao del Norte

 CURRICULUM VITAE

RIZALDY L. MANAJERO
Fd. Rd # 1 Lacphil, Sto. Tomas, Davao del Norte
rizaldylenciano20@gmail.com
09383379424

______________________________________________________________

PERSONAL INFORMATION

Age : 19

Date of Birth : June 19, 1998

Place of Birth : Norala, South Cotabato

Civil Status : Single

Religion : Roman Catholic

EDUCATIONAL BACKGROUND

Tertiary: University of Southeastern Philippines Present

Bachelor of Science in Business Administration

Major in Business Economics

Secondary: Sto. Tomas National High School 2014-2015

Menzi, Sto. Tomas, Davao del Norte

Elementary: Sto. Tomas Central Elementary School 2010-2011

Fd. Rd. # 4, Sto. Tomas, Davao del Norte

 CURRICULUM VITAE

LOURD IVANN C. DELIMA

Purok 20-A Marscon, Sto. Tomas, Davao del Norte
nnavidelima@yahoo.com
09366224437

______________________________________________________________

PERSONAL INFORMATION

Age : 19

Date of Birth : October 14, 1998

Place of Birth : Davao Medical Center

Civil Status : Single

Religion : Roman Catholic

EDUCATIONAL BACKGROUND

Tertiary: University of Southeastern Philippines Present

Bachelor of Science in Business Administration

Major in Business Economics

Secondary: Maryknoll High School of Sto. Tomas 2014-2015

Fd. Rd # 3, Sto. Tomas, Davao del Norte

Elementary: Jireh Kiddies Learning Center 2010-2011

Fd. Rd. # 1, Sto. Tomas, Davao del Norte

 CURRICULUM VITAE

AUBREY ROSE D. CASAS

Purok 10 New Katipunan, Sto. Tomas, Davao del Norte
aubreyrosecasas@gmail.com
09362878713

______________________________________________________________

PERSONAL INFORMATION

Age : 20

Date of Birth : November 25, 1997

Place of Birth : Muyo, Buug, Zamboanga Sibugay

Civil Status : Single

Religion : Protestant

EDUCATIONAL BACKGROUND

Tertiary: University of Southeastern Philippines Present

Bachelor of Science in Business Administration

Major in Business Economics

Secondary: Sto. Tomas National High School 2014-2015

Menzi, Sto. Tomas, Davao del Norte

Elementary: New Katipunan Elementary School 2010-2011

New Katipunan, Sto. Tomas, Davao del Norte

 CURRICULUM VITAE

NATHAN JAMES P. SULATAN

Purok 1-A Balagunan, Sto. Tomas, Davao del Norte
tansyong@yahoo.com
09307267168

______________________________________________________________

PERSONAL INFORMATION

Age : 19

Date of Birth : August 25, 1998

Place of Birth : Impasug-ong, Bukidnon

Civil Status : Single

Religion : Baptist

EDUCATIONAL BACKGROUND

Tertiary: University of Southeastern Philippines Present

Bachelor of Science in Business Administration

Major in Business Economics

Secondary: Balagunan National High School 2014-2015

Balagunan, Sto. Tomas, Davao del Norte

Elementary: San Isidro Elementary School 2010-2011

San Isidro, Talakag, Bukidnon