Rockland County, NY
$300,000
Rockland County, NY
$300,000
Dallas County, TX
$800,000
REAL ESTATE INCLUDED
Big Spring, TX
$2,400,000
REAL ESTATE INCLUDED
Kerrville, TX
$2,300,000
REAL ESTATE INCLUDED
Stephenville, TX
$1,900,000
REAL ESTATE INCLUDED
Denton County, TX
$1,300,000
Farmington, AR
$1,195,000
Rockland County, NY
$250,000
Oklahoma
$10,830,000
Pembroke Pines, FL
$599,000
REAL ESTATE INCLUDED
Atlantic County, NJ
$2,600,000
Suffolk County, NY
$380,000
REAL ESTATE INCLUDED
Chadbourn, NC
$399,000
$4,000,000
Blackfoot, ID
Henderson County, TX
$3,600,000
REAL ESTATE INCLUDED
Manassas, VA
$4,500,000
Stephanie Robertson
First Choice Business Brokers Denver
Serving Jefferson County, CO
Founded in 1994, First Choice Business Brokers is one of the largest Business Sales Organizations in the world, with multiple offices located throughout the U.S. listing over $8 billion worth of businesses. Our Denver office consists of 2 Principals, 3 Associates, and administrative personnel. In addition, we have a select team of professional service providers we can recommend that can provide legal, accounting, planning, financing and various other services.
REAL ESTATE INCLUDED
Gainesville, TX
$349,990
Bergen County, NJ
$950,000
REAL ESTATE INCLUDED
Tulsa, OK
$1,050,000
Harris County, TX
$5,100,000
Suffolk County, NY
$395,000
Mc Donough, GA
$6,200,000
Cook County, IL
$750,000
REAL ESTATE INCLUDED
Crescent City, FL
$515,000
Cook County, IL
$7,000,000
Maryland
$4,700,000
Pembroke Pines, FL
$750,000
Virginia
$4,600,000
Will County, IL
$1,300,000
REAL ESTATE INCLUDED
Corpus Christi, TX
$1,150,000
Ohio
$4,000,000
Kentucky
$2,850,000
REAL ESTATE INCLUDED
Dutchess County, NY
$1,400,000
Massachusetts
$3,650,000
REAL ESTATE INCLUDED
Cumberland County, NJ
$1,200,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$3,990,000
Prince George's County, MD
$1,998,000
Baraboo, WI
$150,000
REAL ESTATE INCLUDED
Yavapai County, AZ
$8,900,000
Lee County, FL
$9,000,000
REAL ESTATE INCLUDED
Preble County, OH
$790,000
REAL ESTATE INCLUDED
Lake Elsinore, CA
$3,600,000
REAL ESTATE INCLUDED
Payson, AZ
$8,400,000
John ( Jean ). Rolland
Destinations Realty
Serving Palm Beach County, FL
$500,000
Orange County, CA
$1,700,000
REAL ESTATE INCLUDED
Orange County, CA
$11,000,000
Mesa, AZ
$100,000
Grand Prairie, TX
$595,500
REAL ESTATE INCLUDED
Bigfork, MT
$1,950,000
REAL ESTATE INCLUDED
Tulsa County, OK
$1,400,000
Scottsdale, AZ
$65,000
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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