Dix Hills, NY
$325,000
Dix Hills, NY
$325,000
REAL ESTATE INCLUDED
Hazelwood, MO
$1,300,000
Miami, FL
$1,650,000
Largo, FL
$1,300,000
Saint Petersburg, FL
$100,000
Bossier City, LA
$1,000,000
Lafayette, LA
$2,925,000
Mississippi
$150,000
Port Arthur, TX
$1,400,000
Princeton, TX
$2,400,000
Mckinney, TX
$2,400,000
Georgia
$847,900
Georgia
$4,650,000
New Braunfels, TX
$1,500,000
Sherman, TX
$1,100,000
Warrenton, VA
$1,300,000
Harold McGee
We Sell Group
Serving Travis County, TX
We are a part of a publicly traded international (24 countries and growing) commercial business brokerage and real estate sales organization so when you work with is you the local care and attention but the exposure of our massive network of professionals around the globe..
Texas
$2,500,000
Texas
$4,500,000
Georgia
$1,700,000
Mckinney, TX
$7,400,000
San Antonio, TX
$2,700,000
Harris County, TX
$4,500,000
Kissimmee, FL
Garland, TX
Kyle, TX
$2,900,000
Bonham, TX
$2,179,000
Goodlettsville, TN
$2,950,000
Mckinney, TX
$7,650,000
Calhoun, GA
Calhoun, GA
$899,000
Mount Vernon, WA
$450,000
North Carolina
$2,950,000
Hemet, CA
$3,500,000
Corsicana, TX
$475,000
Richmond, TX
$5,500,000
Houston, TX
$4,950,000
Katy, TX
$5,900,000
Dallas County, TX
$3,200,000
Little Rock, AR
$2,500,000
Madisonville, KY
$299,000
Louisville, KY
$559,000
Marietta, GA
$6,950,000
Longview Heights, TX
$3,195,000
Spring, TX
$6,950,000
Jonathan Naguit
fiduciarRE
Serving King County, WA
Jonathan Naguit's mission is to help his clients in their acquisition and disposition of their business and/or real estate properties to bring the highest & best returns from their investments, and for real estate that serves you well either/both in tangible & intangible ways. For dispositions, his primary objective is to bring Sellers the highest price & the best terms achievable in the prevailing market, including exploring options to increase asset values for even better outcomes.
Plano, TX
$6,750,000
Golden, CO
$875,000
Cedar Hill, TX
$4,300,000
Park Falls, WI
$249,900
Cleburne, TX
$2,500,000
Temple, TX
$1,850,000
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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