Scottsdale, AZ
$65,000
Scottsdale, AZ
$65,000
La Jolla, CA
$590,000
Mississippi
$2,760,000
Nassau County, NY
$1,000,000
Pinellas Park, FL
$1,500,000
Crenshaw, MS
$800,000
REAL ESTATE INCLUDED
Oneida County, NY
$750,000
Bolivar, MS
$2,760,000
Washington, MS
$2,400,000
Shellmound, MS
$150,000
REAL ESTATE INCLUDED
Toms River, NJ
$1,700,000
Brooklyn, NY
$2,200,000
REAL ESTATE INCLUDED
Pennsylvania
$4,700,000
Arlington, TX
$2,500,000
Phoenix, AZ
$725,000
New York
$4,000,000
Scott Reid
Parasell Inc
Serving Orange County, CA
ParaSell, Inc. is a national real estate services and consulting firm that specializes in commercial leasing and investment sales. We work with principals across the nation and have a proven process, proprietary time-saving technology, dedicated support staff and a relentless commitment to customer service.
REAL ESTATE INCLUDED
DeKalb County, GA
$8,000,000
REAL ESTATE INCLUDED
DeKalb County, GA
$5,000,000
REAL ESTATE INCLUDED
DeKalb County, GA
$3,200,000
REAL ESTATE INCLUDED
Fulton County, GA
$6,000,000
Houston, TX
$249,900
REAL ESTATE INCLUDED
Jackson County, MI
$225,000
Decatur, GA
$8,000,000
REAL ESTATE INCLUDED
Anoka County, MN
$800,000
Traverse City, MI
$60,000
REAL ESTATE INCLUDED
Minnesota
$280,000
REAL ESTATE INCLUDED
Dundalk, MD
$4,999,999
REAL ESTATE INCLUDED
Pennsylvania
$4,800,000
Spokane, WA
$50,000
REAL ESTATE INCLUDED
New York
$2,500,000
Valley Stream, NY
$799,000
Athens, GA
$3,750,000
Myrtle Beach, SC
$450,000
REAL ESTATE INCLUDED
Louisiana
$2,575,000
Queens, NY
$100,000
Brooklyn, NY
$2,100,000
REAL ESTATE INCLUDED
Dallas, TX
$43,000,000
Dallas, TX
$7,500,000
Plano, TX
$9,000,000
Palm Beach County, FL
$360,000
Austin, TX
$400,000
El Paso County, CO
$7,000,000
Baltimore, MD
$7,495,000
Atlanta, GA
$70,000
Samantha Seine duPont
Premier Plus Realty
Serving Lee County, FL
Premiere Plus Realty has reached #1 in Transactions and Listings making it Southwest Florida Real Estate Leader! Luxury, Residential and Commercial Divisions sets it apart from the competition as we are working as a "Big Team". I am honored to be part of the Commercial Division and will my in-depth experience with numbers, business valuations and commercial real estate I can assist you in finding your dream business or selling your current one in view of retirement or change in career!
REAL ESTATE INCLUDED
Colorado
$4,100,000
Guthrie County, IA
$290,000
Adair County, IA
$325,000
Baltimore, MD
$369,000
Palm Beach County, FL
$649,000
REAL ESTATE INCLUDED
Ocean County, NJ
$1,300,000
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.
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