Bridgewater College



center-54006000Pristine Auto Detailing38277239835300center30590500Phone: 540?236?5622Fax: 540?236?5621Pristine@Cristian Moore Logan Fazakerley Maria Hawkins Nicolas Ancona Parker Dell SummaryOur business strives to provide auto detailing services of the highest quality. Pristine reaches out to car enthusiasts and competitors who are looking for the best value in interior and exterior auto detailing services. Not only are the services superb when compared to competitors’ auto detailing businesses, but Pristine’s mobility also provides a tremendous amount of convenience for car enthusiasts who are on the go. Our owners, Cristian Moore, Logan Fazakerley, Maria Hawkins, Nicolas Ancona, and Parker Dell, dedicate their lives to providing the highest level of customer satisfactory to the car enthusiasts that they exchange work with. We are an elite car washing and detailing facility that provides exceptional high end services to car enthusiasts.General Company DescriptionAuto DetailingMission StatementPristine is committed to providing services of the highest quality and best value to our customers. We want accessibility of our services to be as convenient as possible so we can maintain lifelong relationships with our clients. Our passion for auto detailing is reflected in our high quality services. Our goal is to exceed our customers’ expectations compared to other services that they have received in the pany Goals and ObjectivesPristine detailing aims to provide unparalleled auto?detailing services to residents of Florida, whether our work is mobile or stationed at our headquarters. As our business prospers, we will own more than one single headquarters. Through our growing customer relationships and advertising through networking our business is sure to expand. With our positive online reviews, positive reputation and sustainable customer base, our revenues are sure to be higher than our expenses.Business PhilosophyPristine strives to spread its passion for cars and knowledge of auto detailing through its outstanding care and service for our clients. We look to maintain strong bonds with our car enthusiast clientsIndustryWe are a growth industry, and we foresee long term expansion for our business across the United States. Our first year will be dedicated to growth and building relationships with our customers that will help facilitate our financial and social developments. There are always opportunities to bring out services to new clients, and our team will be on the lookout for events and shows where we can market Pristine even more.Strengths of Our CompanyStrong marketing team Accessibility to customers through our mobile business Employees are highly experienced, and have been trained to work around our guidelines and expectations. Mandatory training sessions for our new employees Frequent quality control assessments for our employees Staff Evaluations Management Evaluations Strong, safe working environmentLegal form of ownershipOur team of five works together to pursue a common vision of a prosperous auto detailing business. We are an LLC.Products and ServicesOur Zaino products will help facilitate our fine auto detailing, and since we order these products in bulk our revenues will significantly outweigh our expenses when we complete each service. Hand washing will give us a competitive advantage when our customers see how much care goes into our workcenter6477000 NicheOur strong customer base is in Miami, Florida where our headquarters is located, and we will utilize our mobile business for our Pristine customers who want to experience all of the auto detailing services that our business has to offer, without having to come to us.Pristine is known for its elite services and dependability, and our clients can attest to our quality. We look to expand even more across the United States as our business continues to thrive.Price StructureOur Five Packages Include:Exterior Bronze: $100 Exterior Silver: $200 Exterior Gold: $300 Interior: $250 Platinum: $850 Marketing Plan Economics$36 billion auto detailing industryThere are no companies with a dominant market share in this industry$7.5 billion high end auto detailingWe are a growth market2.3% annual growth since recession (2009?present). Steady growth rate potential.Initial barriers for our business will be our public image and putting our name out as one of the top premium auto detailing companies, but as we grow we will bring in employees who will need to be trained properly in order to maintain our company’s name and standard. Customers will notice our elite business at car shows and events through our high end Zaino products, Toyota Tundra pick up and our trailer.The initial investment that our business made for our loan can be made up for with our consistent and increasing revenues.ProductOur auto detailing services are of the highest quality and our Zaino products will help us perform the best results possible for our customers. The majority of our detailing will be done at our headquarters except for the customers paying for the Platinum package, where we will travel to them and detail their cars on site.Features and BenefitsList all of your major products or service.External auto detailing Internal auto detailing Mobile detailing Products and Services DefinedFeaturesHand washing ensures attention to detail inside and outside of the automobile. Customers know they are receiving the highest level of care because we staff car enthusiasts, who have to undergo mandatory perpetual training sessions. BenefitsThe service will be very convenient for our customers because we are a professional, flexible, and also offer mobile detailing. Our customers will always leave satisfied with our top of the line value. A high end auto detailing company like ours will supply many jobs and give back to our surrounding community by holding events/fundraisers to market our business.center10858500 Quality ServiceOur refund policy for unsatisfied customers, is to redo the whole auto detailing of the customers car until it meets or exceeds our customer’s expectations, because in our business the customer is always right. After a two week period our business follows up with our previous customers to assess our servicing for their vehicle, and their personal experiences with Pristine Auto Detailing. The managers or owner will overlook each vehicle after servicing is completed, and evaluate our employees on their performance and attention to detail.center7239000CustomersAs a detailing service provider we will mostly target the upper middle class, upper class, and auto enthusiasts. Our customers value the attention to detail that Pristine offers with its auto detailing. Age (30+) Gender: Male and FemaleLocation: Miami, Florida Income level: $75k+ Middle class to Upper Class Education: College degreeFor business customers, the demographic factors might be:Industry: Auto DetailingLocation: Miami, FloridaSize of firm: Medium12805923690300 CompetitorsLocal car washes and auto detailing companies will be are biggest competitors, but our hand washing services and mobile customer base will set us apart from our neighboring competitors.Local car washes that also offer detailing options:Miami Auto Spa561 SW 8th St. Miami, Florida 33130Miami Auto Spa offers debt removal, touch ups on chips and scratches, and hand washing for the customers’ cars. Our packages provide an even greater range of services for our customers, and our mobile element makes us that much more competitive.A1 Auto detailing1862 N Nob Hill RdPlantation, FLThis auto detailing company has similar goals and standards to our business because they offer various service packages to accommodate to the customer’s needs. A-1 auto detailing provides mobile services and services at their headquarters, which makes it one of our toughest competitors. Thankfully they are not located to close to us, so we have a completely different customer base that we can make our own.35065256433004613963801700 competitorsCar dealershipsSome car dealerships offer detailing services1 = critical? 5 = not very important.Table 1: Competitive AnalysisFactorUsStrengthWeaknessCompetitor A1Competitor B Local Car WashLImportance toCustomerProducts113132Price213133Quality113133Selection122233Service111131Reliability111131Stability111121Expertise111133Reputation111131Location111121Sales Method111231Credit Policies111332Advertising111121Image1111110-51001768Advantages and DisadvantagesOur competitive disadvantage is that Pristine still has to establish a good public image before business can escalate. Our competitors will provide us with a challenge as we are getting our business up and running, but our high quality services will leave us with the best reputation possible.Our mobile services are what give us an advantage to reach out to as many customers as possible, and to market our business for future customers who are interested in our fine servicing. Pristine’s mobility makes our work convenient and accessible for customers, and it allows us to attend as many events as possible to market and work for our customers. NicheOur niche in the auto detailing industry that sets us apart from competitors is that in addition to our headquarters in Miami, Florida, we also provide mobile services to our platinum customers who want to experience every single level of auto detailing that we do.StrategyNot only do we offer work in our Miami headquarters, but we also offer our mobile option for our busier customers who want every level of our work done to their car. The many different levels of auto detailing give our customers as many options as possible so we can detail from the simplest level to the most complicated level.center15902600 off detailing at shows?1250Online Forums?0Newspaper ads?300Flyers?100Auto detail wrap?6300Shirts?150LED location banner on trailer?400AdvertisingThe vinyl wrapping on our vehicle will promote our company name and will provide potential customers with a way to communicate with our business to receive our services. Our truck and trailer will bring us to the shows and events where we can market to potential customers who wish to do future business with us. We want anyone who comes in contact with our business to remember how elite and detail oriented our work is.Promotional BudgetStartup PriceOur startup prices are lower than our competitors because we are hand detailing our cars. Approximately $8500PricingWe offer different packages to our customers at different prices depending on the quantity of service the customer wishes to have done on their vehicle. The more service the customer wants on their car the higher the cost will be, as it will cost us labor and supplies. Everything that the customer pays for ties into our mobile services, our convenience, our labor, and our high end supplies that we are using to detail the cars. Price ranges are pretty consistent with our competitors, and our car enthusiasts understand that they are paying for the elite services that they are being provided with. Our overall profits will increase gradually over time as we begin to expand as a business. We will have well over what we need to replenish our supplies and we can pay off the loans we took out for our warehouse.Credit PolicyOur customers will pay us after we perform our services, before they drive off the lot. We will accept cash or credit card.Proposed LocationWe are located in Miami, FloridaWe will focus most of our work in our headquarters, but still reach out to as many mobile customers as possible who are interested in receiving all the possible services that Prisitine has to offer. Once our business begins to expand, we open up even more headquarters along the east coast that will still provide mobile services to an even greater range of customers. Our name will continue to become more popular, the more events we attend.Distribution ChannelsWe will market as we travel in our vehicles, with our tent at events, face to face, with our pamphlets, and through verbal recommendation from our existing customers that are pleased with the work we have provided them in the past.New customers will join our business as we begin forming strong bonds with our already existing client base.Operational PlanServicingOur services are performed at our headquarters or at the client’s desired location, depending on the service they want. Our Zaino products with help us with our auto detailing services, and customers will formally evaluate our work so they can leave with the highest level of satisfaction. With regards to our inventory and our products each night we will take into account what we have and what we need for future services, so we are always ready to provide the greatest amount of care for our customers.LocationThe qualities we were looking for in a building was a big, but affordable space where there is an office and easy access points in and out of the building. We also wanted a building near Miami, Florida since that is where our target market is located. Also, we want a large enough space for where we can provide the best job with the least amount of chance for error.The building is 4,685 Square Feet and Clear Ceilings height is 20 ft. The building we have chosen is an industrial type building. Our headquarters is stationed in Miami, Florida The building has one dock height door, one ramp door, the building also has an office and small showroom, two restrooms and kitchen. The power for the building is functioning well. AccessThe location of the building is very convenient, because our target are those with a large income who live in Miami, Florida, and our building has easy access to the highly populated areas. -762016325400 and Dimensions WarehouseThis property is composed of 2,885 SF of warehouse space and 1,800 SF of office space, representing a total of 4,685 SF. The warehouse has 1 dock height door and 1 ramp door, 18 foot clear ceilings, and a twin T roof. The office area has a small showroom on the first floor with office space on the second and third floors. The unit has two rest rooms and a kitchen area. This condo unit has 3 dedicated parking spaces and the roof was re?surfaced in 2011.This building is located on NW 66 Street just west of SR 826 (Palmetto) and has easy access to the Miami International Airport and SR 836. The property can be accessed from NW 82nd or NW 84 Avenues.Legal EnvironmentLicensing and bonding requirementsWe are buying the property PermitsCost of the permit for the building was included in the total cost of the warehouseHealth, workplace, or environmental regulationsWe will provide a safe work environment and ensure that our employees don't work over 40 hours a week and if they do they will get paid over time for it.Zoning or building code requirementsInsurance coverage Our insurance covers for any potential damages to our customer cars. Provides building and company car insurance.PersonnelOur Pristine team is composed of sixteen highly trained workers who are very familiar in the field of auto detailing. We will recruit our workers from Miami, and as members of our business they will participate in perpetual quality control assessments to evaluate whether or not they continue to meet the standards of Pristine auto detailing. Out of the sixteen workers, twelve workers will rotate in each day and three people will work on a car at a time. The sixteen workers will earn $11/hour.The five managers of Pristine overlook the business and divide up tasks like seeking out customers, looking for events to travel to, and managing our inventory. Each worker is aware that nine cars will get worked on each day, and three employees will tend to one car at a time.left9525Job DescriptionThe employee will go through an on the job training for five hours. After the employee is expected to detail the vehicles to our set standards of perfection with 2 other coworkers.InventoryWe will keep inventory of all our supplies used in our detailing business. We invested $5642.00 into our monthly inventory. We will reorder supplies monthly based off how many supplies we have used in the current month. The lead time for ordering will be two weeks.Microfiber Towels 14x14 (120ct)Microfiber Towels 20x28 (96ct)Detailing Picks and QuitipsShopvacZaino ProductsCarpet BrushMytee Hp ? 100 Hot water ExtracterHeadlight Restoration: Plast XKrystal vision glass cleanerWater HosesMicrofiber mitts (10)Leather KitsVinyl SprayBuckets (10)SuppliersZainoLocation: Miami, FloridaProduct detailing supplies (listed in our inventory goods) Credit policy: Free shipping and offers bulk discountsCredit PoliciesWe will offer cash or credit/debit payments from our customers. We require our customers to pay after the service has been completed and are satisfied with the service. If the client is not satisfied we will make corrections.Managing Your Accounts ReceivableWe do not extend credit as we require our customers to pay us after completion of our services.Managing Your Accounts PayableOur vendors require payments within 30 days of purchase. Management and OrganizationWe, the five owners will be the initial managers of the business until we expand and hire shift managers. We all have a business and management background and experience with personnel management. If we lose a manager/managers we will split the duties among the existing while finding a new manager/managers to hire. Professional and Advisory Support? Board of directors:Cristian Moore, Logan Fazakerley, Maria Hawkins, Nicolas Ancona, and Parker Dell? Management advisory board: Cristian Moore, Logan Fazakerley, Maria Hawkins, Nicolas Ancona, and Parker DellAttorney: Friedman & Freidman PAAccountant: Ivy Accounting Tax & Advisory.Insurance agent: State Farm Banker: Bank of America Consultant or consultants: NAMentors and key advisors: Sylvester Chisom AppendicesInclude details and studies used in your business plan? For example:Brochures and advertising materials Industry studies Blueprints and plans Maps and photos of location Magazine or other articles Detailed lists of equipment owned or to be purchased Copies of leases and contracts Letters of support from future customers Any other materials needed to support the assumptions in this plan Market research studies List of assets available as collateral for a loanRefining the PlanFor Raising Capital for BankersAmount of loan: $671,424 dollarsHow the funds will be used: the funds will be used to purchase a warehouse, company vehicles and supplies.What this will accomplish—how will it make the business stronger?The loan is going into the purchases of the necessities our business needs to function. We need a warehouse as a central headquarter location. We need company vehicles to transport our employees and supplies to job sites.Requested repayment terms (number of years to repay): 10 year loanCollateral offered, and a list of all existing liens against collateralFor InvestorsFunds needed short‐term: Only initial loanFunds needed in two to five years: No extra funds will be necessary. We will be making a gross profit by the end of year one.Our return on investment will be $40,764.00 per year.There will be no buyback. The owners will be able to sell their share in the company.We do not have investors.We will see milestones when we start to detail cars at shows or tracks.The investors and owners will be in charge of the company and its daily duties.Business TypeServiceKey competitive factors in this industryProviding high quality service using only high quality products while creating profits for the companyPricesOur prices vary on the amount of service a customer wishes to be performed on their car. The more service they request the higher the costs will be. We base our prices off of our estimated average sales for each service.System of production managementQuality control procedures. Standard or accepted industry quality standards. We will take inventory collection at the end of each work day. This will help ensure our supplies don’t go missing and it will also help us predict when we need to order more supplies.Measuring labor productivity We will measure labor productivity based on customer satisfaction of the job our employees perform on their vehicleCredit, payment, and collections policies and proceduresWe do not extend credit. We require our customers pay us after completion of our services. Strategy for keeping client baseWe will build strong customer based relationships so that they will keep coming back to us and so that they might refer us to friends to gain more customers. We will also maintain our relationship through promoting a positive public image in our community. ................
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