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
Robert Flynn
United Brokers Group LLC
Serving Providence County, RI
Four brokers, twenty eight cooperating brokers, and operating in seven states from New Hampshire to New Jersey. Brokers are also licensed realtors in multiple states. Specializing in sales and acquisitions of closely held businesses. Massachusetts, Rhode Island, Connecticut, New York, and New Jersey. Sharp focus on Manufacturing, Insulation Installation, Technology, Healthcare, Marine, and Large Gas Stations with real estate, and Liquor Stores. United Brokers Group LLC is a leading generator of SBA loans in its markets with multiple referral agreements in place with leading banks. Mr. Flynn is an "Industry Expert" for "The Business Reference Guide" in the Manufacturing category. Licensed Real Estate Broker in Massachusetts and Rhode Island and a Primary Broker in Rhode Island. Contributing author and under contract to author articles for the BizBuySell "Knowledge Center" and has been quoted multiple times in "Inc. Magazine", Bloomberg News, other publications. Marketing strategy tactics include selling New England businesses to those from outside the New England region. Innovative marketing plans for Buyers and Sellers. Confidential process. Problem solving. Other Robert Flynn business holdings: 1. Managing Partner, "The Corbett Hub" of Boston. www.CorbettHub.com This company also owns 25% of Boston Valuation Services www.BostonValuations.com and Manhattan Valuation Services www.ManhattanValuations.com 2. Sold his company Key-Tech, Inc. a patented plastics printing system manufacturing technology company to a publicly traded company in Europe.
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
Tom Buckley
FNBC Kansas City
Serving Jackson County, MO
First National Business Corporation (FNBC) is a full services business brokerage providing professional services to business buyers and sellers. Since 1982, FNBC has successfully completed over 4,000 transactions of all business types, sizes, prices and markets. Our offices normally charge no upfront fees to anyone looking to buy a business and are only paid a commission by the business seller when the business is sold. OUR SERVICES RELATED TO BUYING A BUSINESS - Evaluations for individuals who are considering buying a business to help business buyers know if the price they are considering paying is fair market value. - Coordination of the entire process of buying a business ,including working with attorneys, accountants, creditors, lenders, and other advisors involved with both business buyer and seller. - Free Business For Sale search for those looking to buy a business. Give us your criteria, let us understand what you want, tell us about your budget, share your preferences for the kind of businesses that can work for you. Perhaps a franchise is the best fit for you. We represent many proven franchisors. OUR SERVICES FOR SELLING A BUSINESS - Free, Highly Confidential, No Obligation Business Pricing Evaluations for Business Owners Looking to Sell a Business, including providing the business owner with a professional opinion of how to price the business to sell. - Free Business For Sale Marketing Services, including analyzing the business financial records, creating and packaging the marketing materials, advertising and promotion, interviewing and qualifying prospects, management of the Letter Of Intent/Offer To Purchase process, coordination of the due diligence activities, management of the closing and disbursal of the business sale proceeds. FNBC confidentially advertises our listings on over 290 websites nationwide. - There are no initial nor extra fees charged to either party for these services on most transactions. BUSINESS ACQUISITION FINANCING One of the free services we offer is assisting business buyers in finding the financing related to their acquisition, including creating the loan packet used to approach lenders, introducing the buyer of the business to lenders, managing the due diligence process, and coordinating the closing with the lender. There is NO CHARGE for this service. ACCOMPLISHING GOALS Our primary goal is to manage each business for sale transaction so that all parties are satisfied, comfortable and confident that the transaction accomplishes their needs and objectives, with low risk, and with maximum opportunity for accomplishing a successful business acquisition. FREE, NO COST, NO-OBLIGATION CONSULTATION Entrepreneurs who are considering buying or selling a business are encouraged to register with FNBC to receive information which can help you investigate how you might buy or sell a business with minimum risk and maximum benefit to you. FNBC will then provide you with information and a free no cost, no obligation consultation, including an evaluation of your project.
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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