Essex County, NJ
120 ft. Needs Cosmetics! Run Absentee! Very Good Traffic and location! Can increase income by staying open later Increase also by Advertising/Promoting! 20 Yr Lease. Make Offer!...

Essex County, NJ
120 ft. Needs Cosmetics! Run Absentee! Very Good Traffic and location! Can increase income by staying open later Increase also by Advertising/Promoting! 20 Yr Lease. Make Offer!...
$650,000
EBITDA: $100,000

Essex County, NJ
LISTING ID # 37316 Owner absentee! This well-established hand and brushless car wash, located in Essex County, New Jersey, has been successfully operating for over 30 years. The current owner has...
$495,000
Cash Flow: $150,000

Medford, NJ
Concierge Car Cleaning That Comes to You — Wherever You Are Mobile, Eco-Friendly, Steam-Powered Vehicle Detailing Experience the convenience of premium auto care delivered to your location. Our...
$125,000

REAL ESTATE INCLUDED
Cumberland County, NJ
All equipment & Furnitures & Goodwil for CARWASH and incluuding a closed 6 door car repair shop and a 3 bedroom apartment on the 2nd floor. Appromaxately 90% of entire building is one-story ,about 10%...
$3,790,000
Cash Flow: $600,000
Warren County, NJ
$1,800,000
New Jersey
$1,575,000
Camden County, NJ
$8,000,000
REAL ESTATE INCLUDED
Salem County, NJ
$2,100,000
Monmouth County, NJ
$1,795,000
REAL ESTATE INCLUDED
Atlantic County, NJ
$2,600,000
Available Nationwide
$150,000
REAL ESTATE INCLUDED
Cumberland County, NJ
$1,200,000
REAL ESTATE INCLUDED
Toms River, NJ
$1,700,000
REAL ESTATE INCLUDED
Ocean County, NJ
$1,300,000
Essex County, NJ
$1,100,000
REAL ESTATE INCLUDED
Moorestown, NJ
$1,500,000
Fred Petito, CM&AA, CEPA
Transworld Business Advisors
Serving Hudson County, NJ
Transworld Business Advisors is the world leader in business sales, mergers and acquisitions, commercial real estate, and franchise sales in the main street and lower-to-middle markets. We are truly an entrepreneur's secret weapon to success! Transworld spends more money marketing businesses for sale than any other business brokerage franchise. Hands down. By successfully selling businesses since 1979, we have developed a robust and unmatched buyer and partner network that helps us complete deals quickly and at the highest level of professionalism. We specialize in finding the right buyers for good businesses. Our extensive network of business brokers and transaction coordinators worldwide boasts 250+ franchise offices and nearly 1000 team members. Because of our size, training, continued education, and communication, our network offers an unequaled distribution of exclusive business sale opportunities. Our team approach to Business Brokerage and Mergers and Acquisitions ensures that even the most complex and demanding transactions are executed with five-star proficiency. Whether we represent an acquisition-minded corporation or an adventurous entrepreneur, Transworld Business Advisors is the best option for successful business sales.
REAL ESTATE INCLUDED
Camden County, NJ
$4,200,000
REAL ESTATE INCLUDED
New Jersey
$2,200,000
REAL ESTATE INCLUDED
Camden County, NJ
$1,495,000
REAL ESTATE INCLUDED
Camden County, NJ
$2,000,000
Camden County, NJ
$1,800,000
Available Nationwide
$85,000
REAL ESTATE INCLUDED
Camden County, NJ
$1,500,000
Haddonfield, NJ
$595,000
New Jersey
$6,000,000
Cumberland County, NJ
$5,500,000
Camden County, NJ
$1,500,000
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 in New Jersey 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 |
37 |
|
Median Asking Price |
$1,947,500 |
|
Median Reported Revenue |
$790,000 |
|
Median Reported Earnings |
$325,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New Jersey Car Wash Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
1.75 |
4.30 |
|
Median |
2.57 |
6.00 |
|
Upper Quartile |
3.48 |
6.83 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
For an in-depth analysis of valuation trends and multiples, see our report on Car Wash Business Valuation Benchmarks.
FAQs
How much does it cost to buy a car wash in New Jersey?
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 $1,947,500.
How much do car wash owners earn?
New Jersey car wash owners' earnings vary, but the median reported revenue is $790,000, with owner earnings at $325,000 annually.
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 in New Jersey, car wash revenue multiples range from 1.75 to 3.48, with the median at 2.57. Earnings multiples range from 4.30 to 6.83, with the median at 6.00. Using these values, the average car wash business in New Jersey might sell for 2.57 times its annual revenue and 6.00 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. Real estate included in the sale will also drive valuation multiples higher.
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