Mckinney, TX
$7,650,000

Mckinney, TX
$7,650,000

Richmond, TX
$2,300,000

Tulsa, OK
$3,700,000

North Carolina
$2,950,000
Hemet, CA
$3,500,000
Corsicana, TX
$439,000
Houston, TX
$4,950,000
Dallas County, TX
$3,200,000
Little Rock, AR
$2,500,000
Madisonville, KY
$299,000
Marietta, GA
$6,950,000
Spring, TX
$6,950,000
Plano, TX
$6,100,000
Cedar Hill, TX
$4,300,000
Park Falls, WI
$249,900
Cleburne, TX
$2,500,000
Dick Halterman CPA
Murphy Business & Financial Corporation
Serving Shenandoah County, VA
Over 25 years experience in Business Brokerage. If this isn't a win for EVERYONE, it isn't a win for ANYONE. Murphy Business is one of the largest business brokers with offices in North America. Professional experienced intermediaries provide the following unsurpassed brokerage services: We uncover the Best Franchise Opportunity for a buyer Skilled intermediaries provide assistance in Mergers and Acquisitions. Our experienced Commercial Real Estate Brokers assist with site selection Business Valuation Services performed by qualified professionals Our affiliations with National and International Business Brokerages and Merger & Acquisition associations assure sellers the best exposure when Selling a Business or Buying a Business Experienced certified appraisal professionals perform Equipment Appraisals Murphy Business has a local presence in the Central Shenandoah Valley, Virginia market with strong connections in Staunton, Harrisonburg, Waynesboro, Lexington, Blacksburg, Clifton Forge, Buena Vista, Covington. A strong presence in the community provides insight into the local market. Murphy Business deals with local companies on a daily basis, which helps them gain respect and grow experience in the Central Shenandoah Valley, Virginia community. According to Forbes.com, Virginia has been ranked as the Best State for Business for three straight years based on business costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life. The Valley is blessed with beautiful mountains and rivers and offers abundant outdoor opportunities in state parks, natural areas and national parks making life outside of work an absolute pleasure.
Temple, TX
$1,850,000
$5,250,000
Decatur, AL
$1,850,000
Ennis, TX
$2,300,000
Rochester, NY
$3,000,000
New York
$3,500,000
Lancaster, CA
$3,399,000
Lewisville, TX
$1,300,000
Wake County, NC
$1,900,000
Cook County, IL
$7,900,000
Marietta, GA
$600,000
Frio County, TX
Not Disclosed
Alamogordo, NM
Not Disclosed
Zanesville, OH
$1,695,000
Gilmer, TX
$3,800,000
Commerce, TX
$1,100,000
Pearsall, TX
Not Disclosed
Abilene, TX
$1,500,000
Napa, CA
$5,500,000
Alabama
$8,000,000
Harris County, TX
$12,650,000
Orlando, FL
$8,500,000
Liberal, KS
$3,125,000
Dallas, TX
$3,450,000
Poplar Bluff, MO
$3,400,000
New Jersey
$6,000,000
Colorado
$6,000,000
Florida
$3,950,000
Erin Gilliam
Power of Pluck
Serving Hamilton County, TN
We believe in the power of business ownership to change lives. Our mission is to educate, inspire, and guide clients through each stage of business ownership with passion and transparency. Power of Pluck was founded based on our success as business owners and out of a passion for helping others achieve their entrepreneurial dreams. Whether just getting started with learning more about becoming a business owner, or if you’re ready to sell your business, we can help. As members of the International Business Brokers Association, (IBBA) we seek to maintain and support the highest standards of professional conduct when selling businesses and assisting owners with exiting their businesses when the time is right. From determining value, finding buyers, and providing ongoing support throughout the sales process we are there every step of the way. We are proud members of the Franchise Brokers Association (FBA) with access to over 750+ franchise brands. Our advanced matching system allows us to simplify the process and help our clients navigate the franchise selection process seamlessly.
Louisiana
$9,000,000
Depew, NY
$549,000
Mississippi
$3,500,000
Brazoria County, TX
$1,974,900
North Port, FL
$1,500,000
Pratt, KS
$250,000
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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