Temple, TX
$1,850,000
Temple, TX
$1,850,000
$5,250,000
Decatur, AL
$1,850,000
Ennis, TX
$2,300,000
Rochester, NY
$3,000,000
New York
$3,500,000
Lewisville, TX
$1,300,000
Wake County, NC
$1,900,000
Cook County, IL
$7,900,000
Marietta, GA
$600,000
Frio County, TX
Alamogordo, NM
Zanesville, OH
$1,695,000
Gilmer, TX
$4,200,000
Commerce, TX
$1,100,000
Lindale, TX
$11,500,000
Sands Investment Group
Sands Investment Group
Serving Charleston County, SC
Sands Investment Group specializes in the buying and selling of investment properties for private institutions and investors nationwide. Our brokers are experts in their product type, from restaurants to retail and everything in between. Our company of distinguished experts in all aspects of investment properties bring a proven track record to the table with over 4,800+ transactions in 48 states and $9.2 Billion in commercial real estate transactions—and counting.
Pearsall, TX
Abilene, TX
$1,500,000
Napa, CA
$5,500,000
Alabama
$8,000,000
Harris County, TX
$12,650,000
Orlando, FL
$8,500,000
Liberal, KS
$3,125,000
San Joaquin County, CA
$7,600,000
Dallas, TX
$3,450,000
Poplar Bluff, MO
$3,400,000
New Jersey
$6,000,000
Colorado
$6,000,000
Florida
$3,950,000
Louisiana
$9,000,000
Depew, NY
$549,000
Mississippi
$3,500,000
Brazoria County, TX
$1,974,900
North Port, FL
$1,500,000
Columbus, OH
$895,000
Pratt, KS
$250,000
Pratt, KS
$550,000
Lackawanna County, PA
$1,250,000
New York
$5,500,000
Florida
$7,000,000
Georgia
Arizona
$3,250,000
Georgia
$3,000,000
Arizona
$4,000,000
CLIFFORD BRAMBLE
SellMoreRestaurants.com
Serving Gwinnett County, GA
We work with buyers and sellers interested in value opportunities in the restaurant, retail, commercial and residential areas. Our experience as investors in commercial and residential and restaurants sets us apart as a boutique agent. We help you sell or purchase property as if we were buying it. We search for the best value where you can make profits from buying and selling.
Mooresville, NC
$1,500,000
Everman, TX
$1,190,000
Houston, TX
$925,000
Algonquin, IL
$1,500,000
Cumberland County, NJ
$5,500,000
Camden County, NJ
$1,500,000
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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