La Jolla, CA
$590,000
La Jolla, CA
$590,000
Mississippi
$2,760,000
Nassau County, NY
$1,000,000
Pinellas Park, FL
$1,500,000
Crenshaw, MS
$800,000
REAL ESTATE INCLUDED
Oneida County, NY
$750,000
Bolivar, MS
$2,760,000
Washington, MS
$2,400,000
Shellmound, MS
$150,000
REAL ESTATE INCLUDED
Toms River, NJ
$1,700,000
Brooklyn, NY
$2,200,000
REAL ESTATE INCLUDED
Pennsylvania
$4,700,000
Arlington, TX
$2,500,000
Phoenix, AZ
$725,000
New York
$4,000,000
REAL ESTATE INCLUDED
DeKalb County, GA
$8,000,000
Peter Kim
Berkshire Hathaway
Serving Middlesex County, MA
About BHHS Berkshire Hathaway HomeServices is a real estate & commercial brokerage franchise network designed for today’s ever-revolving market climate. From first time business or homebuyers to high-end residential markets to middle-market communities to commercial real estate, our franchisees are down to earth, nimble and local experts. This network of members and agents wouldn’t be a part of the Berkshire Hathaway HomeServices network if they weren’t. When our name goes on a commercial or real estate sign, it means something. It’s a promise of trust, integrity, stability, longevity and the highest standards of work. And we don’t take that promise lightly. That’s why you’ll see these values reflected in every office, every agent, every interaction. Berkshire Hathaway HomeServices is the name buyers and sellers trust. “When people are making the decision of the magnitude of buying a house, it’s the biggest decision a great many families will ever make. They want to know who they’re working with and we think that the Berkshire Hathaway name will be reassuring to many of those people.” Warren Buffett CHAIRMAN AND CEO BERKSHIRE HATHAWAY INC.
REAL ESTATE INCLUDED
DeKalb County, GA
$5,000,000
REAL ESTATE INCLUDED
DeKalb County, GA
$3,200,000
REAL ESTATE INCLUDED
Fulton County, GA
$6,000,000
Houston, TX
$249,900
REAL ESTATE INCLUDED
Jackson County, MI
$225,000
Decatur, GA
$8,000,000
REAL ESTATE INCLUDED
Anoka County, MN
$800,000
Traverse City, MI
$60,000
REAL ESTATE INCLUDED
Minnesota
$280,000
REAL ESTATE INCLUDED
Dundalk, MD
$4,999,999
REAL ESTATE INCLUDED
Pennsylvania
$4,800,000
Spokane, WA
$50,000
REAL ESTATE INCLUDED
New York
$2,500,000
Valley Stream, NY
$799,000
Athens, GA
$3,750,000
Myrtle Beach, SC
$450,000
REAL ESTATE INCLUDED
Louisiana
$2,575,000
Queens, NY
$100,000
Mesa, AZ
$1,249,000
Brooklyn, NY
$2,100,000
REAL ESTATE INCLUDED
Dallas, TX
$43,000,000
Dallas, TX
$7,500,000
Plano, TX
$9,000,000
Palm Beach County, FL
$360,000
Austin, TX
$400,000
El Paso County, CO
$7,000,000
Baltimore, MD
$7,495,000
Atlanta, GA
$70,000
Tony Miceli
We Sell Restaurants
Serving Jackson County, MO
We Sell More Restaurants Than Anyone Else. PERIOD.
REAL ESTATE INCLUDED
Colorado
$4,100,000
Guthrie County, IA
$290,000
Adair County, IA
$325,000
Baltimore, MD
$369,000
Palm Beach County, FL
$649,000
REAL ESTATE INCLUDED
Ocean County, NJ
$1,300,000
Car washes are one of the most popular businesses to purchase thanks to the consistently high demand for their services, and relatively low operating expenses. This highly profitable business does tend to have higher capital expenditures.
Market Overview
We have aggregated and analyzed listings of car wash businesses to provide some context of the current market. Keep in mind, the financials presented are averages and each business is unique, so careful analysis and evaluation is necessary before making any investment or exit planning decisions.
Number of Businesses Analyzed | 314 |
Median Asking Price | $2,000,000 |
Median Reported Revenue | $854,500 |
Median Reported Earnings | $350,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Car Wash Valuation Multiples
Range | Revenue | Earnings (SDE) |
Lower Quartile | 1.51 | 4.25 |
Median | 2.64 | 5.83 |
Upper Quartile | 4.16 | 7.06 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the report:
Car Wash Business Valuation Benchmarks
FAQs
How much does it cost to buy a car wash?
The cost of buying a car wash can vary significantly depending on the location, size, and profitability of the business. Based on our most recent analysis of car washes listed for sale, the median asking price is $2,000,000.
How much do car wash owners earn?
Car wash owners' earnings also vary, but the median reported revenue is $854,500, with owner earnings at $350,000 annually.
Where are most car washes for sale located?
The top metro areas for car wash listings are:
States with the most listings include:
How do I value a car wash business?
Valuing a car wash business involves a multitude of factors, but most buyers and sellers will start by assessing its financial performance and comparing that to its peers in the market. Valuation multiples help compare similar businesses with different revenue and earnings levels.
As of our most recent analysis of asking prices, car wash revenue multiples range from 1.51 to 4.16, with the median at 2.64. Earnings multiples range from 4.25 to 7.06, with the median at 5.83. Using these values, the average car wash business might sell for 2.64 times its annual revenue and 5.83 times its annual owner’s discretionary earnings.
Keep in mind, asking prices tend to be higher than final sale prices, so these multiples tend to skew high.
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