Cumming, GA
$6,300,000

Cumming, GA
$6,300,000

Lancaster, CA
$349,000
Bronx, NY
$1,700,000

Baraboo, WI
$150,000
La Mesa, CA
$40,000
Scottsdale, AZ
$2,900,000
Lilburn, GA
$2,050,000
Sacramento, CA
$2,459,000
Dutchess County, NY
$150,000
Ossipee, NH
$1,400,000
Kenosha, WI
$5,500,000
Nassau County, NY
$600,000
REAL ESTATE INCLUDED
Corpus Christi, TX
$975,000
$350,000
Berlin, NH
REAL ESTATE INCLUDED
Allegheny County, PA
$2,200,000
REAL ESTATE INCLUDED
Salem County, NJ
$2,100,000
Herb Devine
First Choice Business Brokers - Boston/South Shore
Serving Plymouth County, MA
Founded in 1994, First Choice Business Brokers has accelerated to become one of the largest Business Sales Organizations in the United States. Our team of business brokers come from diverse backgrounds in accounting, legal, banking, real estate, and insurance. Every broker has undergone rigorous initial training, supplemented by ongoing education, making First Choice brokers some of the most seasoned experts in business valuation, marketing, and negotiations. This wealth of knowledge and expertise consistently delivers excellent outcomes for both buyers and sellers. The buying or selling of a business should never be compared to the purchasing or selling of a home. You deserve experienced, licensed professionals who specialize in business sales – you need First Choice Business Brokers. Our nationwide network of seasoned business sales professionals combines national reach with local market expertise. We offer buyers the greatest selection of businesses available and we provide Sellers with the personalized, confidential attention they deserve.
REAL ESTATE INCLUDED
Florida
$30,000,000
Tempe, AZ
$875,000
North Tonawanda, NY
$379,000
Orange County, FL
$55,000
Richland County, SC
$85,000
Prescott, AZ
$1,650,000
Nassau County, NY
$350,000
Staten Island, NY
$1,300,000
$6,300,000
Cumming, GA
Detroit, MI
$1,200,000
REAL ESTATE INCLUDED
Marion County, FL
$6,500,000
REAL ESTATE INCLUDED
Coffee County, TN
$649,900
REAL ESTATE INCLUDED
Broward County, FL
$13,500,000
Ovid, MI
$385,000
Macomb County, MI
$850,000
REAL ESTATE INCLUDED
Tulare County, CA
$8,997,000
Monmouth County, NJ
$1,795,000
REAL ESTATE INCLUDED
Stephenville, TX
$5,400,000
Dallas County, TX
$800,000
REAL ESTATE INCLUDED
Big Spring, TX
$1,950,000
REAL ESTATE INCLUDED
Kerrville, TX
$2,050,000
REAL ESTATE INCLUDED
Stephenville, TX
$1,900,000
REAL ESTATE INCLUDED
Tulsa, OK
$7,300,000
REAL ESTATE INCLUDED
Denton County, TX
$1,300,000
Farmington, AR
$1,195,000
Oklahoma
$10,830,000
Pembroke Pines, FL
$599,000
REAL ESTATE INCLUDED
Atlantic County, NJ
$2,600,000
Kevin Everts
Transworld Business Advisors
Serving Onondaga County, NY
When a company owner needs to sell their business, they can't just stick a for sale sign in the window. For someone that personally went through the process of selling a business in Syracuse, I understand the challenge to selling while maintaining a profitable business. Owners need the assistance of a business broker to locate and vet potential buyers. On the other side, buyers rely on the broker to help facilitate the process of evaluating potential businesses and franchises for sale. Transworld Business Advisors of Syracuse provides the solution for both scenarios. Transworld Business Advisors of Syracuse focuses on three core concepts: business brokerage, franchise consulting, and franchise development.
REAL ESTATE INCLUDED
Chadbourn, NC
$315,000
Henderson County, TX
$3,200,000
REAL ESTATE INCLUDED
Manassas, VA
$4,200,000
REAL ESTATE INCLUDED
Tulsa, OK
$1,050,000
Harris County, TX
$5,100,000
Mc Donough, GA
$6,200,000
Cook County, IL
$750,000
Cook County, IL
$7,000,000
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.
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: