Queens, NY
$100,000

Queens, NY
$100,000

Brooklyn, NY
$2,100,000

REAL ESTATE INCLUDED
Dallas, TX
$43,000,000

Dallas, TX
$7,500,000
Plano, TX
$9,000,000
Atlanta, GA
$60,000
Guthrie County, IA
$290,000
Adair County, IA
$299,000
Baltimore, MD
$310,000
REAL ESTATE INCLUDED
Ocean County, NJ
$1,300,000
Fairfield County, CT
$650,000
North Fort Myers, FL
$289,000
REAL ESTATE INCLUDED
Gwinnett County, GA
$7,400,000
Staten Island, NY
$199,000
Queens, NY
$899,999
REAL ESTATE INCLUDED
Indiana
$2,300,000
Dale Armor
Acquisition Experts, LLC
Serving Martin County, FL
"We Sell Businesses" www.acquisitionexperts.net
Nassau County, NY
$2,200,000
Kings County, NY
$600,000
REAL ESTATE INCLUDED
Ozaukee County, WI
$1,340,000
Fresno County, CA
$1,500,000
REAL ESTATE INCLUDED
Stockbridge, GA
$3,500,000
REAL ESTATE INCLUDED
Reading, PA
$4,000,000
Nassau County, NY
$3,000,000
East Los Angeles, CA
$4,750,000
Georgia
$27,000,000
Essex County, NJ
$1,100,000
REAL ESTATE INCLUDED
Marietta, OH
$4,101,463
REAL ESTATE INCLUDED
Buffalo, WY
$675,000
Nassau County, NY
$2,500,000
Pennsylvania
$1,300,000
REAL ESTATE INCLUDED
Moorestown, NJ
$1,500,000
Connecticut
$2,500,000
Waukegan, IL
$500,000
REAL ESTATE INCLUDED
Cobb County, GA
$1,999,000
REAL ESTATE INCLUDED
Paulding County, GA
$2,800,000
REAL ESTATE INCLUDED
St. Charles County, MO
$925,000
REAL ESTATE INCLUDED
Camden County, NJ
$4,200,000
Nassau County, NY
$7,000,000
REAL ESTATE INCLUDED
Charlotte, NC
$2,300,000
Brooklyn, NY
$1,900,000
REAL ESTATE INCLUDED
Schaumburg, IL
$1,700,000
Myrtle Beach, SC
$79,000
REAL ESTATE INCLUDED
New Jersey
$2,200,000
Nassau County, NY
$6,000,004
Christopher Rollins
Catapult Solutions Group Inc
Serving Monroe County, NY
Planning to buy or exit a business is a process. The length of time to complete a transaction is directly related a firm's ability to understand circumstances driving the decision to buy or sell. With over 25 years of experience, Catapult Solutions Group provides comprehensive sale, divestiture, acquisition. purchase advisory and intermediary services. Our primary focus is privately held, mid-market companies and multi-unit franchise businesses. We specialize in confidential representation and engagements with strategic and financial buyers and sellers.
REAL ESTATE INCLUDED
Camden County, NJ
$1,495,000
Decatur, GA
$5,500,000
Kings County, NY
$2,400,000
REAL ESTATE INCLUDED
Florida
$1,100,000
Miami, FL
$299,000
REAL ESTATE INCLUDED
Camden County, NJ
$2,000,000
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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