Mastodon Wash

Your Car Saloon
  • Sector Transport & automotive, Car Wash
  • Country Bangladesh
  • Founding date March 2017
  • Stage Users
"Mastodon Wash” is a car wash service providing company works right at our customers' doorstep. We are using globally recognized brands to enrich the product quality and replace old school car wash products, surviving in market for decades. We are designed to be the fastest in town, maintaining the world class service for 247K customers' needs. We are putting currency value to time.

General

Sector
Transport & automotive, Car Wash
Category
Enterprise
Product usage or interact
Desktop, Mobile/Tablet (iOS), Mobile/Tablet (Android))

Business

Target customer
4% of total Private car owner in Dhaka (BRTA Report says 247,324 cars)
Customer acquisition strategy
B2C
Revenue model
We are a user first company which puts more effort on customers, comparing a revenue first company on its first business year. However, It is constructed to increase its revenue growth exponentially after a year of launch using the 'GET KEEP GROW' revenue model. Customers are paying for their time, comfort and service. Initially "Cash on Delivery". We focus on dynamic pricing to keep track with the market.

We are focusing on Customer Retention over more Customer Acquisition

Market info

Market size
$6,700,000
Competitors
Competitor name
Competitor website
Competition
Almost all car wash stations in Dhaka are our indirect competitors.

As a direct competitor washnworks, sheba and zantrik has similar products but unlike them we have our own marketplace and better quality products.
Startup traction
First 19 customers during our pilot project paid BDT 200 each for our services and showed their interest for upgraded product which they will pay for.

sold 37 units of our final product since August 2019- our Pilot launch happened on August 2019 and shall continue until November 2019. Mastodon Wash intends to have it commercial Launch on December 2019.

Served 651 orders for a BDT 11,03,000 (or approximately USD 13K) Revenue by our first fiscal year 2019-20.

Post covid crisis has increased the demand of a home bound car wash like us.

Total early investment
$240,000
Shareholder structure
Owner type
Name
Equity
Faridul Hasan Shuvo
Founder
% 85
Nirjhar Saha
Co-Founder
% 15
Investment round
Angel Investment
Investment amount
$240,000
Equity on offer
% 10.0

Team

Faridul Hasan Shuvo  - Bangladesh
Nirjhar Saha  - Bangladesh
Total team member
11
Comment
We have launched our own website and smartphone application. The url: www.mastodonwash.co Regular Car Wash in market: Duration : 3-9 hours, sometimes more. Cost : 800 - 2200 BDT per wash. Effort : Drive to the wash, wait or submit your car and return. Our Product Design (Launching with three product, keeping 6 more services in the bucket): 1. Lite Duration : 60 to 90 minutes. Price : 600 BDT per wash. Efforts : -Water supply: upto than 80 litres. -Electric Supply 2. Economy Duration : 90 to 120 minutes. Efforts : -Water supply: upto than 100 litres. -Electric Supply 2. Premiun Duration : 120 to 150 minutes. Efforts : -Water supply: upto than 120 litres. -Electric Supply ### Advantages ### -Easy to order -Cheap -Time efficient -Environment friendly(No disapproved chemical in use) -Quality service -Creates part time Jobs
Last update: 01.10.2020