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Soapy Rides Business Plan

Company

Overview

Ownership & Structure

The company is solely owned by Mark Deshpande and will be funded by an initial personal investment. Soapy Rides is New York State registered C corporation.

Team

Management Team

Mark Deshpande is the sole owner and manager of Soapy Rides. In addition, he will be helped (on an unofficial basis) by his father, Barry Deshpande. Barry has over 30 years experience as an entrepreneur, both in the car business and in property development and management.

Mark will also have the assistance of John Shine, the family accountant, in creating a long-term strategic vision for the company. John is a family friend and has worked with the Deshpande family for 23 years. He has worked with hundreds of small- and medium-sized businesses during his career.

Personnel Table

2020 2021 2022
Owner $24,000 $24,480 $24,970
Full Time Car Washer $28,800 $29,376 $29,964
Part time car washer (2.33) $47,736 $64,920
Sales / Admin $26,400 $26,928 $27,467