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Car Washes For Sale
Industry Info
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Mary Keller Wynn
The Wynn Group
Serving Kitsap County, WA
The Wynn Group is the leading business broker in Western Washington. Recognized in 2023 on the the annual listing of 10 companies that are at the forefront of providing Business Brokerage Solutions and impacting the marketplace(https://www.businessmanagementreview.com/the-wynn-group) by business management review. It is an honor to be recognized as a company making a difference. We take pride in what we do and how we get to the end result. It is important that the client feels like it was a total win for them when they close the transaction, whether they were the seller or buyer. The buyer coming in might have the same dreams that a seller moving on has had and that is what helps to create this unique bond.
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Buy or Sell a Car Wash
Car wash businesses listed for sale on BizBuySell include express tunnel car washes, full service washes, self serve and coin operated facilities, mobile detailing and car cleaning services, flex sites that combine express washing with detailing or oil change bays, and multi location car wash portfolios, with many listings including the underlying land and facilities. These businesses operate on a high volume, repeat use service model, generating revenue from per wash transactions, monthly unlimited wash memberships, detailing add-ons, and ancillary automotive services, while automated and self serve formats emphasize lower labor costs and steady cash flow.
| 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 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
For more in-depth sales and profitability data see:
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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