REAL ESTATE INCLUDED
DeKalb County, GA

REAL ESTATE INCLUDED
DeKalb County, GA

REAL ESTATE INCLUDED
DeKalb County, GA

REAL ESTATE INCLUDED
Fulton County, GA

REAL ESTATE INCLUDED
Minnesota
REAL ESTATE INCLUDED
New York
REAL ESTATE INCLUDED
Athens, GA
Myrtle Beach, SC
Princeton, TX
REAL ESTATE INCLUDED
Ocean County, NJ
Fairfield County, CT
REAL ESTATE INCLUDED
Gwinnett County, GA
Kings County, NY
REAL ESTATE INCLUDED
Stockbridge, GA
REAL ESTATE INCLUDED
Mcdonough, GA
Nassau County, NY
East Los Angeles, CA
Bethany MacLean
Cynergy Consulting Services, Inc.
Serving Erie County, NY
Trust in our brokerage expertise to navigate the complexities of selling a medical practice. We have successfully brokered the sale and transition of over 2000 medical practices, making us the go-to choice for providers seeking top-notch service. Did you know there are strategic steps you can take to significantly increase the value of your practice before listing it for sale? Most providers are unaware of these opportunities. At Cynergy Consulting, we know the secrets to enhancing your practice’s worth, ensuring you get the most from your sale. Our comprehensive Intermediary Services (practice brokerage and sale), as part of a physician’s exit strategy, allow doctors in solo or group practice to convert the hard-won equity in their practices into liquidity, which can then be diversified for purposes of retirement or investment. Most physicians choose to stay with their practice under a negotiated employment contract for a number of years after sale. All physicians over age fifty-five (55) should have an exit strategy to ensure that they can capture the full value of their medical practice before they begin to “wind down”. Our staff has facilitated the sale of hundreds of medical practices over the last forty years in all fifty (50) states.
REAL ESTATE INCLUDED
Marietta, OH
Nassau County, NY
REAL ESTATE INCLUDED
Moorestown, NJ
REAL ESTATE INCLUDED
Cobb County, GA
REAL ESTATE INCLUDED
Paulding County, GA
REAL ESTATE INCLUDED
Pratt, KS
REAL ESTATE INCLUDED
St. Charles County, MO
Nassau County, NY
Myrtle Beach, SC
Nassau County, NY
REAL ESTATE INCLUDED
Camden County, NJ
Decatur, GA
Kings County, NY
Miami, FL
Nassau County, NY
Cumming, GA
REAL ESTATE INCLUDED
Hartford County, CT
Nassau County, NY
REAL ESTATE INCLUDED
Macon, MO
New York
New York
Kings County, NY
Suffolk County, NY
Nassau County, NY
REAL ESTATE INCLUDED
Camden County, NJ
REAL ESTATE INCLUDED
Streamwood, IL
New York
Suffolk County, NY
Albert Hernandez
Midtown Realty International, Inc,
Serving Miami-Dade County, FL
President of Commercial Division with Midtown Realty. Established in South Florida for more than 30 years.
Kings County, NY
REAL ESTATE INCLUDED
Los Angeles County, CA
Nassau County, NY
REAL ESTATE INCLUDED
Hazelwood, MO
Miami, FL
| Market Overview | Listings for Sale (Median) | Total Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 119 | 15,544 |
| Asking Price | $1,400,000 | - |
| Reported Revenue | $631,975 | $875,894 |
| Reported Seller's Discretionary Earnings | $168,000 | $17,518 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $710,000 | $1,400,000 | $3,000,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Car Washes for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $271,943 | $100,893 |
| Median | $631,975 | $168,000 |
| Upper Quartile | $1,208,250 | $395,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Car Washes listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 1.24 | 3.40 |
| Median | 2.27 | 7.09 |
| Upper Quartile | 4.54 | 9.34 |
FAQ's
How much does it cost to buy a Car Wash?
The median asking price for an established Car Wash is $1,400,000, though prices range from under $710,000 to well over $3,000,000.
How much do Car Washes owners earn?
The median reported revenue of Car Washes is $631,975 and owners earn a median of $168,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Car Wash?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Car Washes, revenue multiples range from 1.24 to 4.54, with a median of 2.27. Earning multiples range from 3.40 to 9.34, with the median at 7.09. This means the typical Car Wash may ask for around 2.27 times its annual revenue, and 7.09 times its annual owner earnings.
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