REAL ESTATE INCLUDED
Georgia
$3,450,000

REAL ESTATE INCLUDED
Georgia
$3,450,000
Camden County, NJ
$1,800,000

Brooklyn, NY
$2,200,000

Nassau County, NY
$999,999
Nassau County, NY
$1,600,000
Cumming, GA
$9,000,000
REAL ESTATE INCLUDED
Hartford County, CT
$750,000
Nassau County, NY
$3,500,000
Macon, MO
$1,300,000
REAL ESTATE INCLUDED
Florida
$9,500,000
REAL ESTATE INCLUDED
Chillicothe, IL
$495,000
New York
$3,600,000
New York
$2,200,000
Kings County, NY
$2,200,000
Suffolk County, NY
$3,300,000
Nassau County, NY
$4,000,000
Jeff Child
VR Business Brokers
Serving Arapahoe County, CO
I have closed on more than $36MM so far in 2024 as of March 15, 2024! VR Business Brokers located in Denver, CO area offers the business seller or buyer a level of professionalism. Our team of professionals brings decades of experience to each transaction. We back that experience with the resources of the world's strongest network of business intermediaries; state-of-the-art Internet and Intranet resources; extensive in-house valuation databases and links. Our professionals are ready to serve you! Our Mission: Utilize our personal experience of acquiring and divesting several businesses to assist business owners in successfully selling their business and enable entrepreneurs to purchase the business in Denver best suited to their talents. Our People: Our team has over 50 years of combined, hands-on experience in acquiring developing and selling businesses. Our previous business ownership gives us the unique perspective of both the “seller” and the “buyer” and enables us to guide you through the successful sale and purchase of your business. Our Approach: Our clients are making life changing decisions so our process is thorough yet low-key. We guarantee honesty, transparency, integrity and exceptional service resulting in maximized value.
REAL ESTATE INCLUDED
Camden County, NJ
$1,500,000
REAL ESTATE INCLUDED
Streamwood, IL
$9,000,000
REAL ESTATE INCLUDED
Savanna, IL
$425,000
Fresno County, CA
$1,950,000
Fort Worth, TX
$9,495,000
New York
$6,500,000
Suffolk County, NY
$3,600,000
Kings County, NY
$2,200,000
REAL ESTATE INCLUDED
Florida
$6,250,000
Passaic County, NJ
$1,250,000
REAL ESTATE INCLUDED
Stone Mountain, GA
$3,200,000
Tucker, GA
$5,000,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$7,500,000
Nassau County, NY
$2,500,000
REAL ESTATE INCLUDED
San Bernardino County, CA
$5,200,000
REAL ESTATE INCLUDED
Palatine, IL
$5,400,000
REAL ESTATE INCLUDED
Houston, TX
$1,700,000
Dix Hills, NY
$325,000
REAL ESTATE INCLUDED
Hazelwood, MO
$1,300,000
Miami, FL
$1,650,000
Cape Coral, FL
$7,500,000
Queens, NY
$135,000
Sulphur Springs, TX
$1,700,000
Saint Petersburg, FL
$90,000
Bossier City, LA
$980,000
Lafayette, LA
$2,925,000
Mississippi
$150,000
Port Arthur, TX
$1,400,000
Stuart Tackett
KW Commercial
Serving Collier County, FL
Princeton, TX
$2,400,000
Georgia
$847,900
Georgia
$3,900,000
New Braunfels, TX
$1,500,000
Sherman, TX
$1,100,000
Frontenac, KS
$3,400,000
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.
More for Business Buyers:
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