REAL ESTATE INCLUDED
Kansas City, MO

REAL ESTATE INCLUDED
Kansas City, MO

Baltimore City County, MD

Texarkana, TX

Arapahoe County, CO
Richmond, TX
Genesee County, MI
Saint Augustine, FL
Kauai County, HI
REAL ESTATE INCLUDED
Yuma, AZ
El Paso County, TX
Suffolk County, NY
Nassau County, NY
REAL ESTATE INCLUDED
Tucson, AZ
Adair County, IA
Hixson, TN
Oklahoma
Russell Kitzberger
CREBB Group - eXp Commercial
Serving Hamilton County, OH
Taking a consultative and advisory approach, I help main street and lower middle market businesses with sales, acquisitions, and mergers, particularly those involving Commercial Real Estate locations or leases. The commercial real estate and business brokerage group is dedicated to providing strategic solutions for business owners. With a deep understanding of the market, industry trends, and financial intricacies, we specialize in facilitating seamless transactions for business sales, with deep expertise in strategic property and asset positioning, dispositions, and lease back to new ownership. Our team and network of seasoned professionals brings extensive experience in business sales, commercial real estate brokerage, investment advisory, and business mergers & acquisitions, ensuring clients receive expert guidance and tailored solutions to meet their unique goals. We specialize in working with business owners (sellers and buyers) maximizing value and delivering exceptional results. Broker of Record: eXp Commercial
Texas
Tyler, TX
Murfreesboro, TN
Alameda County, CA
Orange County, CA
REAL ESTATE INCLUDED
Perris, CA
Washington, PA
Leavenworth, KS
REAL ESTATE INCLUDED
Brooklyn, NY
REAL ESTATE INCLUDED
Chicago, IL
REAL ESTATE INCLUDED
Tolland County, CT
REAL ESTATE INCLUDED
Phoenix, AZ
REAL ESTATE INCLUDED
Phoenix, AZ
REAL ESTATE INCLUDED
Bellefontaine, OH
REAL ESTATE INCLUDED
Centerburg, OH
REAL ESTATE INCLUDED
Lewis Center, OH
REAL ESTATE INCLUDED
Powell, OH
REAL ESTATE INCLUDED
Evart, MI
REAL ESTATE INCLUDED
Bakersfield, CA
REAL ESTATE INCLUDED
Hagerstown, MD
Texas
Orange County, NY
REAL ESTATE INCLUDED
Fort Worth, TX
REAL ESTATE INCLUDED
Missouri
Atlantic County, NJ
Atlantic County, NJ
REAL ESTATE INCLUDED
Northfield, OH
Ellenton, FL
Amber Hill
Sierra M&A
Serving Allegheny County, PA
REAL ESTATE INCLUDED
Orange County, NY
REAL ESTATE INCLUDED
Pasco County, FL
Sacramento, CA
Hurst, TX
Warren County, NJ
Montgomery County, PA
| Market Overview | Listings for Sale (Median) | Total Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 119 | 15,544 |
| Asking Price | $1,175,000 | - |
| Reported Revenue | $600,000 | $875,894 |
| Reported Seller's Discretionary Earnings | $162,000 | $17,518 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $567,500 | $1,175,000 | $2,587,500 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Car Washes for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $269,257 | $100,000 |
| Median | $600,000 | $162,000 |
| Upper Quartile | $1,150,000 | $355,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Car Washes listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 1.26 | 3.46 |
| Median | 2.33 | 6.38 |
| Upper Quartile | 4.19 | 8.79 |
FAQ's
How much does it cost to buy a Car Wash?
The median asking price for an established Car Wash is $1,175,000, though prices range from under $567,500 to well over $2,587,500.
How much do Car Washes owners earn?
The median reported revenue of Car Washes is $600,000 and owners earn a median of $162,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Car Wash?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Car Washes, revenue multiples range from 1.26 to 4.19, with a median of 2.33. Earning multiples range from 3.46 to 8.79, with the median at 6.38. This means the typical Car Wash may ask for around 2.33 times its annual revenue, and 6.38 times its annual owner earnings.
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