Lagos Life business

Lagos Life Car Wash: Income, Costs and Payback

Lagos Life Car Wash: costs ₦15,000,000, makes about ₦79,800 a day after costs and bad days, and pays back in about 188 days. Income table and tax.

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The Lagos Life Car Wash costs ₦15,000,000 in Lekki and pays out every day at 6 PM. A good day brings ₦35,000 to ₦155,000 after running costs; on a bad day (8% of the time) the borehole pump breaks, and you lose ₦95,000. On average it makes about ₦79,800 a day.

Compare it with every other investment on the Lagos Life business page and with land.

Lagos Life Car Wash at a glance
Price₦15,000,000
Daily takings₦140,000 to ₦260,000
Running costs₦105,000 a day
Bad-day chance8%
Bad-day loss₦95,000
Average a day₦79,800
PaybackAbout 188 days

Lagos Life Car Wash Income

What the Car Wash pays per day
DayTakingsCostsYou keep
Slow good day₦140,000₦105,000₦35,000
Average good day₦200,000₦105,000₦95,000
Best good day₦260,000₦105,000₦155,000
Bad day——−₦95,000

Its average day is the third-highest of the 7 investments. Payouts land at 6 PM whether you are online or not.

Lagos Life Car Wash Payback and Tax

At the average rate it earns back its price in about 188 days. Business income counts toward the weekly tax: a typical week of about ₦611,800 in good-day profit owes about ₦0 in tax after the ₦1,000,000 weekly allowance. See how Lagos Life tax works.

Selling returns 60% of the price, so keep it at least 76 days before selling to come out ahead.

Is the Lagos Life Car Wash Worth It?

Yes, if you have the cash: it turns ₦15,000,000 into about ₦558,600 a week with no work. For the cheapest routes to the starting cash, read how to make money in Lagos Life.

Lagos Life Car Wash FAQ

How much does the Car Wash cost?

₦15,000,000.

How much does the Car Wash make a day?

About ₦79,800 on average, between ₦35,000 and ₦155,000 on a good day.

How long until the Car Wash pays back?

About 188 days at the average rate.

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