Park Falls, WI
$249,900

Park Falls, WI
$249,900

Cleburne, TX
$2,500,000

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
Lancaster, CA
$3,399,000
Lewisville, TX
$1,300,000
Wake County, NC
$1,900,000
Cook County, IL
$7,900,000
Marietta, GA
$600,000
Frio County, TX
Not Disclosed
Alamogordo, NM
Not Disclosed
Zanesville, OH
$1,695,000
Doug Hubler
Apex Business Advisors
Serving Johnson County, KS
Apex Business Advisors offers a complete business sales, merger and acquisition service. Our experience is critical to a business owner or buyer who needs guidance in completing a successful transaction. We’ve been in the industry since 1998 and have successfully completed hundreds of transactions. Our professionals hold various licenses and professional certifications such as Series 7 and 66, CBI, CPA, Real Estate, Life and Health Insurance, and MBAs. We also have relationships with other professional advisors that can assist in business sale strategy or resources to build your new business. These include Tax Attorneys, Accountants, Insurance, Business Sales Coaching and Wealth Managers. Our professional facilities provide a comfortable meeting space to bring buyers and sellers together. We have the experience, knowledge and skills necessary for any size or type of asset transaction. Our experienced professionals are well equipped to explain the often confusing world of business sales and mergers.
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
Harris County, TX
$12,650,000
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
Brazoria County, TX
$1,974,900
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
Arizona
$3,250,000
Mooresville, NC
$1,500,000
Everman, TX
$1,190,000
Houston, TX
$925,000
Thomas Coffman
Miracle LLC
Serving Davidson County, TN
As a leading car wash real estate and M&A advisory firm, we provide a wide range of services, including real estate brokerage, merger and acquisitions advisory services, and capital markets, making us a full-service option for our clients. Our team’s diverse, long-standing relationships within the car wash, development and financing industries allows us to provide our clients with knowledgeable and efficient service to maximize their value. We represent both buyers and sellers within the industry, ranging from single owner/operator sites to nationally recognized car wash chains and strive to provide each with the same level of detail and care.
Algonquin, IL
$1,500,000
Cumberland County, NJ
$5,500,000
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.
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: