Ladies Car Wash with Coffee Shop And Children Play Area
The project serves multiple services to women segment at the petrol station; it consists of car wash, coffee shop, and children rest area. The idea encourages women to take their car for manual car wash dedicated for women, where women can take care and maintain cars while meals and beverages are served in the coffee shop while the car is being washed, and children can spend good time in the rest area with multiple toys and games. It is one of the fastest-paced projects where it does not take long to process, and it is considered an economical project relative to other projects and therefore does not require a large investment.
Internal Rate of Rate in Capital Budgeting Measures the Profitability of Potential Investment, it is a discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.
Payback period shows how long it takes for the return of investment, it does not show what the return on investment is.
|Total Capital of the Project||:||100,000 OMR|
|Internal Rate of Return||:||49 %|
|Payback Period||:||2 years & 4 months|
Financial Indicators can fluctuate according to total invested capital of the Project, This Project can be established with different Total Capital depending on size of Project.
• Car Cleaning Services • Meals • Children's rest services