Cape Coral, FL
$7,500,000
Cape Coral, FL
$7,500,000

Queens, NY
$135,000

Sulphur Springs, TX
$1,700,000

Saint Petersburg, FL
$90,000
Sachse, TX
$5,950,000
Bossier City, LA
$980,000
Lafayette, LA
$2,925,000
Mississippi
$150,000
Port Arthur, TX
$1,400,000
Princeton, TX
$2,400,000
Mckinney, TX
$2,400,000
Georgia
$847,900
Georgia
$3,900,000
New Braunfels, TX
$1,500,000
Sherman, TX
$1,100,000
Wake County, NC
$1,900,000
Steve Tsoris
NewLeaf Business Brokerage, LLC
Serving Mecklenburg County, NC
NewLeaf Business Brokerage connects the best buyers and sellers of businesses across all industries. With over 35 years of domestic and international M&A experience, NewLeaf provides sellers and buyers with a level of expertise and experience to execute transactions with professionalism, diligence and care.
Bremen, GA
$3,500,000
Quincy, FL
$6,000,000
Tallahassee, FL
$4,500,000
Conyers, GA
$250,000
Webster, TX
Not Disclosed
White Settlement, TX
$439,000
Glendale, AZ
$6,790,000
Florida
$3,500,000
Florida
$4,000,000
San Antonio, TX
$2,400,000
North Port, FL
$1,049,995
Johnson County, TX
$2,900,000
Ceres, CA
$1,900,000
Merced, CA
$1,900,000
Houston, TX
$7,500,000
Calhoun, GA
Not Disclosed
Calhoun, GA
$899,000
Jupiter, FL
Not Disclosed
Texas
$1,500,000
Dothan, AL
$1,455,000
Tucson, AZ
$850,000
Naples, FL
$5,200,000
Los Angeles County, CA
$2,799,000
Texas
$2,500,000
Texas
$4,500,000
Georgia
$1,700,000
Mckinney, TX
$7,400,000
San Antonio, TX
$2,700,000
Michael Langford
Citizens Business Group
Serving Sacramento County, CA
Harris County, TX
$4,100,000
Garland, TX
Not Disclosed
Kyle, TX
$2,900,000
Bonham, TX
$2,179,000
Humble, TX
$2,500,000
Goodlettsville, TN
$2,950,000
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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