Spraybooth and Investment Analysis

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Spraybooth and Investment Analysis

The business of car or automobile spraying is a very competitive business in Nigeria but it is lucrative when the operator of the service is able to use cost effective marketing and innovation in serving his target customers. In this article, which is a sample business plan, I will be scratching the surface of this business opportunity and showcasing challenges and threats that can negatively affect the growth and profitability of the business within the Nigerian environment. Think of it in the same way as painting given to a new building.

The main reason is aesthetic but the spraying of a car is a form of vehicle maintenance as it contributes overall to the improve market value of a car especially in a thrifty market like Nigeria where cars are still in use more than 20 years from their actual production dates. Nigeria has one of the world’s largest populations for second hand cars. As at 2014, they were more than 11 million cars in use and most of these cars were for commercial use dating back to about 10 years in use.

The tendency that these cars are exposed to harsh weather, overuse and abuse are high. These in turn, causes the car paintings to decline in sharpness and start fading. Besides, Nigeria is known to have a large number of reckless drivers who are prone to initiating physical damages on vehicles.  Road accidents create damages to cars that requires repairs and some of those repairs involve body work including spraying.

More importantly, the devaluation *in naira and inflation has caused the importer of used vehicle without clean title (accidental vehicles) which are less in prices. Dealers can now fix these vehicles and place a premium price on them . With this, customer can still buy at prices that was applicable when dollar was at three hundred and sixty naira (#360) to one US Dollar (1$)

Product and Investment Analysis

To begin with, spray booth business can be operated on rental and full-time basis. On rental basis, an established car spraying workshop can have between eight(8) to twelve cars(12) daily being sprayed. This means, in a month, that could potentially be between two hundred and fifty (250) to three hundred (300) cars.

The less established but successful car sprayers may have 7 to 8 cars daily while the majority of car spraying workshops could do between 180 and 200 cars a month. With an investment between 14million to16million naira,
the average fees for a Spray booth service is between seven thousand naira (7,000 naira) to  fifteen thousand naira (15,000 naira) depending on your market. Assuming the business can generate 200 sales per month averaging 7,000 naira per sale will amount to  one million four hundred thousand naira (#1,400,000)  while sales will amount to   sixteen million, eight hundred thousand naira (#16,800,000) within the first year.
The cost of running the booth should not be more than 30% of the total expected generated income

conservatively .

For the full service, spray booth service workshops can make up to twenty thousand naira (#20,000) to thirty thousand naira (#30,000) on one car.
Remember, the spray booth comes with 1 year warrantee and the booth has been structured to last for minimum of 10 years.
The cost of maintenance is very low, as cleaning and change of filters is the basic maintenance required.
Top filters is not more than thirty thousand naira (#30,000) for one which will be okay to spray a maximum of 100 to 150 vehicles. The top filter at one hundred and eighty thousand naira  (#180,000) is expected to spray up to 400 vehicles. This can also be cleaned with water.
The business need less manpower which is one of the bane of business risk in Nigeria. One trusted person can manage and run spray booth  successfully.

Product Objective(Spray Booth Oven)

One thing about vehicles is that their value significantly depreciates over time. This is even more so if the painting has already lost it’s natural shine and gloss. While re-spraying your car can be a roadside project, the quality of the workmanship may not be that great. Furthermore, the evenness of the paint coating may not be guaranteed, giving you a botched car painting job.

Oven-Baked Automotive Painting

You don’t have to paint your car at the roadside. Garu Technologies Nigeria LTD says, you can always take it to a car body shop for a fresh coat of paint. However, you need to choose between ordinary spray painting and oven-baked car painting. While one is definitely cheaper than the other, oven-baked car painting does have its perks.

The question now is why oven baked?

1. Dust-Free Environment

The environment where low temperature oven-baked car painting is performed is generally dust-free. This results in a more stable application of a coat of paint. It’s this dust-free environment that makes the car oven an ideal place for automotive repainting If it were to be performed outside, dust would readily settle on the wet paint, giving the whole car a speckled look and a rather coarse finish, instead of the glossy and smooth finish you’d expect.

2. Environment-Friendly

In addition, the room-sized oven is fully filtered to protect the environment from the harmful chemicals found in automotive paints. If the painting job were to be performed outside, the airborne chemicals can be carried elsewhere and can readily settle on other life forms in the immediate surroundings.

3. Time Friendly

Oven Baking is time friendly. Within an hour,  oven baked vehicles are ready for use with clean, perfect and glossy outcome, not to be compared with roadside painting performed outside which will have to take about a day or more.

4. More Durable Finish

Perhaps the best advantage of oven-baked car painting over the ordinary type of automotive repaint is the strength and durability of the finished paint coat. With air temperature maintained at a constant setting, individual paint molecules are evenly distributed across the surface of the car. This creates a very even layer and color of automotive paint.

Additionally, since the paint molecules have been sprayed onto the car in exactly the same environmental conditions, they are better able to bond with each other. This creates a stronger and more durable paint finish.

Comments (16)

  • deekay motors Reply

    please how much

    August 3, 2021 at 2:23 PM
  • Engr. Michael Adeyemo Reply

    Pls send price list to purchase and to lease

    August 28, 2021 at 11:48 AM
  • Sir Israel Reply

    How much to have one

    September 20, 2021 at 7:17 PM
  • Abiodun Reply

    Good
    What is cost of investment?

    September 23, 2021 at 4:01 PM
    • admin Reply

      Dear sir/Ma

      Current prices of our Spray booth.

      Cash and carry :
      Spray booth= 10.5million naira

      Pre order offer :
      Spray booth= 9.5million naira

      Installation = 250,000 naira. For locations outside Lagos, an accommodation for 4 people will be provided by client

      1 year warranty applies.

      Our spray booth is structured to last for up to 10 years

      This prices may not be static because of the forex volatility*

      Prices exclude installation, compressor and transportation to client site from our warehouse.

      For investment explanation

      https://garutech.ng/spraybooth/

      You can check testimonies from our happy client here

      https://youtube.com/c/GaruTechnologiesNigeriaLimited

      If you would like us to send you pictures and videos of Spray booths already installed with testimonies, kindly indicate interest

      Pls call or contact us on WhatsApp +2348023190606

      Thanks

      September 27, 2021 at 1:02 PM
  • Nnaoma Iwuchukwu Anorue Reply

    Hi GURUTECH,
    Kindly confirm if someone like me without any knowledge of auto spraying can delve into this business. Also avail me with the cost of starting this investment in a town like Abakaliki, Ebonyi State.
    Accept my assurances of my my highest esteem.

    Nnaoma Iwuchukwu Anorue.

    September 23, 2021 at 8:03 PM
  • Uchendu okwudili Uchendu Reply

    I will need the cost to get one spraying booth

    September 25, 2021 at 9:56 PM
    • admin Reply

      Dear sir/Ma

      Current prices of our Spray booth.

      Cash and carry :
      Spray booth= 10.5million naira

      Pre order offer :
      Spray booth= 9.5million naira

      Installation = 250,000 naira. For locations outside Lagos, an accommodation for 4 people will be provided by client

      1 year warranty applies.

      Our spray booth is structured to last for up to 10 years

      This prices may not be static because of the forex volatility*

      Prices exclude installation, compressor and transportation to client site from our warehouse.

      For investment explanation

      https://garutech.ng/spraybooth/

      You can check testimonies from our happy client here

      https://youtube.com/c/GaruTechnologiesNigeriaLimited

      If you would like us to send you pictures and videos of Spray booths already installed with testimonies, kindly indicate interest

      Pls call or contact us on WhatsApp +2348023190606

      Thanks

      September 27, 2021 at 1:01 PM
  • Engr shittu Ariyo Reply

    What is the current price of baking oven and other auxiliary equipment cost?

    October 16, 2021 at 6:58 PM
  • Ijir Reply

    What’s the setup cost ?

    October 17, 2021 at 2:59 AM
  • Imoh Reply

    Cost of the spray boot

    November 11, 2021 at 4:05 PM
  • KINGSLEY UDENSI Reply

    I need it

    December 17, 2021 at 11:12 PM
  • Kolawole Harrisson Alimi Reply

    What is the cost of a full option spray booth that is suitable for 4×4 ? I.E with the compressor and installation.

    December 27, 2021 at 4:55 PM
  • Adeshina sodiq Reply

    Please list of the current price of the spraying boot/oven…
    I need a very quick response pls

    December 29, 2021 at 7:41 PM
  • Abiola Reply

    How can i become painter without learning painting can I learned from you how to paint

    January 1, 2022 at 8:17 AM
  • Abiola Reply

    Is it possible for me to be a painter without learning this job

    January 1, 2022 at 8:18 AM

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