Attachment 2 - Economic Needs Assessment

Table of Contents
    Introduction ......................................................................................................................................... 5
1.1         Report Structure ..................................................................................................................................... 5
    Proposed Development ...................................................................................................................... 6
    Trade Area Analysis ............................................................................................................................ 8
3.1     Trade Area Definition ............................................................................................................................ 8
3.2     Population and Dwellings................................................................................................................... 10
   3.2.1 Historic Population........................................................................................................................... 10
   3.2.2 Population & Dwelling Projections ............................................................................................... 10
3.3     Demographic & Socio-Economic Profile ........................................................................................ 11
3.4     Summary ................................................................................................................................................ 14
    Supply Analysis ................................................................................................................................. 15
4.1         Existing Supply....................................................................................................................................... 15
4.2         Approved Supply ................................................................................................................................. 18
4.3         Summary ................................................................................................................................................ 18
    Car Wash Industry Overview ............................................................................................................ 19
5.1         Historic Performance ........................................................................................................................... 19
5.2         Key External Drivers .............................................................................................................................. 19
5.3         Industry Outlook ................................................................................................................................... 20
5.4         Benefits of Using a Commercial Car Wash ..................................................................................... 21
    Demand Analysis .............................................................................................................................. 22
6.1     Methodology ........................................................................................................................................ 22
   6.1.1 Projected Size of Local Vehicle Fleet .......................................................................................... 22
   6.1.2 Projected Number of Trailers ......................................................................................................... 23
   6.1.3 Projected Size of Commercial Vehicle Fleet ............................................................................. 24
   6.1.4 Non Trade Area Demand .............................................................................................................. 24
   6.1.5 Car Wash Facility Demand............................................................................................................ 26
6.2     Car Wash Facility Demand ................................................................................................................ 26
    Alternative Sites Assessment ............................................................................................................ 27
    Impact Assessment ........................................................................................................................... 30
    Need Assessment.............................................................................................................................. 31
9.1         Economic Need ................................................................................................................................... 31
9.2         Community Need ................................................................................................................................ 31
9.3         Planning Need...................................................................................................................................... 32
9.4         Summary ................................................................................................................................................ 32




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