Smyrna, GA
Car Washes For Sale


REAL ESTATE INCLUDED
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Maryland
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Merrell Stout
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Serving Greenville County, SC
Viking's leadership in the industry has pioneered and set the professional standard by which all Intermediary firms are measured. Viking Mergers & Acquisitions is committed to work diligently with every client, as an advocate providing a comprehensive consultative approach to each and every business transaction. Our goal is clear: to maximize the value you derive from buying a business.
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| Market Overview | Listings for Sale (Median) | Total Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 118 | 15,544 |
| Asking Price | $1,187,500 | - |
| Reported Revenue | $600,000 | $875,894 |
| Reported Seller's Discretionary Earnings | $164,214 | $17,518 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $595,000 | $1,187,500 | $2,593,750 |
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 | $267,693 | $102,150 |
| Median | $600,000 | $164,214 |
| Upper Quartile | $1,162,128 | $357,500 |
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 | 1.31 | 3.60 |
| Median | 2.36 | 6.55 |
| Upper Quartile | 4.22 | 8.84 |
FAQ's
How much does it cost to buy a Car Wash?
The median asking price for an established Car Wash is $1,187,500, though prices range from under $595,000 to well over $2,593,750.
How much do Car Washes owners earn?
The median reported revenue of Car Washes is $600,000 and owners earn a median of $164,214, 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 1.31 to 4.22, with a median of 2.36. Earning multiples range from 3.60 to 8.84, with the median at 6.55. This means the typical Car Wash may ask for around 2.36 times its annual revenue, and 6.55 times its annual owner earnings.
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