REAL ESTATE INCLUDED
Cumberland County, NJ
All equipment & Furnitures & Goodwil for CARWASH and incluuding a closed 6 door car repair shop and a 3 bedroom apartment on the 2nd floor. Appromaxately 90% of entire building is one-story ,about 10%...

REAL ESTATE INCLUDED
Cumberland County, NJ
All equipment & Furnitures & Goodwil for CARWASH and incluuding a closed 6 door car repair shop and a 3 bedroom apartment on the 2nd floor. Appromaxately 90% of entire building is one-story ,about 10%...
$3,500,000
Cash Flow: $600,000

REAL ESTATE INCLUDED
Mercer County, NJ
Full Service carwash. 1.2 acre property. 135 foot tunnel. Fully trained staff and manager in place. Store and exterior recently renovated. Currently run absentee. Huge upside for a hands-on operator....
$2,200,000

Medford, NJ
Concierge Car Cleaning That Comes to You — Wherever You Are Mobile, Eco-Friendly, Steam-Powered Vehicle Detailing Experience the convenience of premium auto care delivered to your location. Our...
$125,000

Haddonfield, NJ
Bargain. Deluxe 80 ft Operation. Run totally absentee! Just getting going. Perfect for CarWashes Chain Operation or Beginner, with minimum capital! Have a similar wash nearby No. Philly!...
$595,000
REAL ESTATE INCLUDED
Morris County, NJ
$3,350,000
Camden County, NJ
$8,000,000
Warren County, NJ
$1,800,000
Monmouth County, NJ
$155,000
REAL ESTATE INCLUDED
Salem County, NJ
$2,100,000
Monmouth County, NJ
$1,795,000
Available Nationwide
$85,000
REAL ESTATE INCLUDED
Atlantic County, NJ
$2,600,000
REAL ESTATE INCLUDED
Cumberland County, NJ
$1,200,000
REAL ESTATE INCLUDED
Toms River, NJ
$1,700,000
REAL ESTATE INCLUDED
Ocean County, NJ
$1,300,000
Essex County, NJ
$1,100,000
MEL LISITEN
LISITEN ASSOCIATES
Serving Bergen County, NJ
Since 1982, Lisiten Associates has been a premier business brokerage firm, providing expert consulting and brokerage services to individual buyers, sellers, corporations, and investment groups worldwide. We specialize in facilitating the sale of private businesses with annual revenues ranging from $5 million to $100 million. Our team delivers personalized service tailored to meet the specific needs of each client. Our key areas of expertise include: • Aerospace • Manufacturing and Industrial Enterprises • Wholesale, Production, and Distribution • Healthcare, Homecare, and Medical Practices • Technology and IT Sectors • Software & Cybersecurity • Hospitality and Food Service Industries • Construction and Real Estate Development Industries • Professional Services and Consulting Firms • Retail and Consumer Goods • Franchisor Opportunities • Online and E-Commerce Businesses • Niche and Specialized Markets • Green and Sustainable Industries Our Expertise Led by seasoned business advisors, Lisiten Associates is known for its professionalism and commitment to confidentiality. Our comprehensive services range from brokering business sales to consulting on company valuation, growth strategies, marketing, sales, advertising, production, and operational improvements. Recognized Excellence – Awards & Publications Lisiten Associates has established itself as the premier M&A business brokerage in the New York Tri-State Area. Our firm is distinguished not only by our extensive portfolio of successful transactions but also by the numerous accolades we have received from leading publications and industry organizations. Accolades and Recognition Since our inception in 1982, Lisiten Associates has been honored with dozens of prestigious awards, underscoring our commitment to excellence in the field of Mergers and Acquisitions. Visit us online to learn more at https://lisitenassociates.com
REAL ESTATE INCLUDED
Moorestown, NJ
$1,500,000
REAL ESTATE INCLUDED
Camden County, NJ
$4,200,000
REAL ESTATE INCLUDED
New Jersey
$2,200,000
REAL ESTATE INCLUDED
Camden County, NJ
$1,495,000
REAL ESTATE INCLUDED
Camden County, NJ
$2,000,000
Available Nationwide
$150,000
Camden County, NJ
$1,800,000
REAL ESTATE INCLUDED
Camden County, NJ
$1,500,000
Passaic County, NJ
$1,250,000
New Jersey
$6,000,000
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 in New Jersey 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 |
37 |
|
Median Asking Price |
$1,947,500 |
|
Median Reported Revenue |
$790,000 |
|
Median Reported Earnings |
$325,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New Jersey Car Wash Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
1.75 |
4.30 |
|
Median |
2.57 |
6.00 |
|
Upper Quartile |
3.48 |
6.83 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
For an in-depth analysis of valuation trends and multiples, see our report on Car Wash Business Valuation Benchmarks.
FAQs
How much does it cost to buy a car wash in New Jersey?
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 $1,947,500.
How much do car wash owners earn?
New Jersey car wash owners' earnings vary, but the median reported revenue is $790,000, with owner earnings at $325,000 annually.
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 in New Jersey, car wash revenue multiples range from 1.75 to 3.48, with the median at 2.57. Earnings multiples range from 4.30 to 6.83, with the median at 6.00. Using these values, the average car wash business in New Jersey might sell for 2.57 times its annual revenue and 6.00 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. Real estate included in the sale will also drive valuation multiples higher.
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