Русский Lietuviškai
2020-09-23

ŠVAROS BROLIAI set to transform its business model: four tunnel car wash franchises sold

Having entered into four transactions of such kind this year, the company thereby marks a major shift in its business: “Švaros broliai” has become a franchisor.

According to the company’s co-founder, the fact that three out of four transactions had been concluded during the crisis lockdown period was also a significant mark of credibility for the business. “We have succeeded ingoing for the most efficient robotic equipment on the market and using it to create a unique tunnel car wash line that ensures the fastest service in Europe. The line developed by “Švaros broliai” may perform a full car wash cycle, drying included, in less than 2 minutes, which lets it give a wash to 220 or more cars an hour.

Such speed-to-quality ratio of the car washes and the expertise, in terms of the competences in managing this kind of business that we offer, help maximise the revenue of and return to the franchisee”, says Evaldas Kinderis, a co-founder of “Švaros broliai”.

“We have succeeded ingoing for the most efficient robotic equipment on the market and using it to create a unique tunnel car wash line that ensures the fastest service in Europe. The line developed by “Švaros broliai” may perform a full car wash cycle, drying included, in less than 2 minutes, which lets it give a wash to 220 or more cars an hour.

Such speed-to-quality ratio of the car washes and the expertise,in terms of the competences in managing this kind of business that we offer, help maximise the revenue of and return to the franchisee”, says Evaldas Kinderis, a co-founder of “Švaros broliai”.

Deals during lockdown period

The company signed all four franchise sales deals this year, three of which were concluded after the lockdown had been announced in Lithuania. The new franchisees include Lithuanian top-level business executives with outstanding reputation and solid experience. Mr Pranskevičius sees the investor confidence maintained during a period of economic instability as yet another proof of the guaranteed benefits and profitability of the business created.

Our achievement of becoming a franchisor means that we have created a business model for car cleaning services that can easily be applied in Lithuania or abroad and is a guaranteed success. This reaffirms that we have offered investors a tunnel car wash business with sustainable and stable value added. It allows businesses to secure a position in a growing market with a well-known brand and a successful business mode”, says Mr Pranskevičius.

In total, the “Švaros broliai” company has an established network of seven tunnel car washes in Vilnius, Kaunas, and Klaipėda. All four car washes sold this year are located in Vilnius. According to the head of the company, the franchises of the existing tunnel car washes in Kaunas and Klaipėda might also be offered to investors. Additionally, “Švaros broliai” will offer green field franchises for purchase to those that wish to have a new tunnel car wash built on own or leased real estate property.