Madisonville, KY
$299,000

Madisonville, KY
$299,000

Marietta, GA
$6,950,000

Spring, TX
$6,950,000

Plano, TX
$6,100,000
Cedar Hill, TX
$4,300,000
Cleburne, TX
$2,500,000
$5,250,000
Decatur, AL
$1,850,000
Ennis, TX
$2,300,000
Rochester, NY
$3,000,000
New York
$3,500,000
Lancaster, CA
$3,399,000
Lewisville, TX
$950,000
Cook County, IL
$7,900,000
Marietta, GA
$600,000
Frio County, TX
Not Disclosed
Douglas Batts, MBA, Sr.
Murphy Business & Financial Services
Serving Dallas County, TX
Murphy Business is one of the largest and most successful business brokerage firms in North America with business brokers conveniently located throughout the United States and Canada. The Dallas, Texas (TX) office provides beneficial connections in: Dallas, Ft. Worth, Arlington, Irving, Plano/Allen, Richardson, McKinney, Frisco, Garland, and Carrollton. Choosing to partner with a national business broker provides an advantageous reach of over one hundred offices that have affiliations with National and International Business Brokerage and Merger & Acquisition associations. Murphy Business offers the following services: Providing exposure to the most appropriate Franchise Opportunity Offering Business Valuation Reports and Appraisal Reports Skilled intermediaries offer assistance in Mergers and Acquisitions Experienced Commercial Real Estate Brokers aid in site selection Giving accurate Equipment Appraisals Selling a Business without disclosing its identity Assisting individuals/companies to Buy the most suitable Business #MurphyBusiness
Alamogordo, NM
Not Disclosed
Gilmer, TX
$3,800,000
Commerce, TX
$1,100,000
Pearsall, TX
Not Disclosed
Abilene, TX
$1,500,000
Napa, CA
$5,500,000
Alabama
$8,000,000
Orlando, FL
$8,500,000
Liberal, KS
$3,125,000
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
North Port, FL
$1,500,000
Pratt, KS
$250,000
Pratt, KS
$550,000
New York
$5,500,000
Florida
$7,000,000
Georgia
Not Disclosed
Mooresville, NC
$1,400,000
Everman, TX
$1,190,000
Houston, TX
$925,000
Algonquin, IL
$1,500,000
Cumberland County, NJ
$5,500,000
Amy Rio
Executive Real Estate
Serving Hartford County, CT
Experienced commercial group, specializing in restaurant sales, working throughout the state of Connecticut and beyond.
Camden County, NJ
$1,500,000
$999
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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