REAL ESTATE INCLUDED
Sarasota County, FL
An established express tunnel car wash in Sarasota County, Florida, offered together with the land and building. The site sits on a high-traffic state highway carrying roughly 32,000 vehicles per day,...

REAL ESTATE INCLUDED
Sarasota County, FL
An established express tunnel car wash in Sarasota County, Florida, offered together with the land and building. The site sits on a high-traffic state highway carrying roughly 32,000 vehicles per day,...

Tallahassee, FL
AVAILABLE INDIVIDUALLY OR AS PART OF A NINE-SITE PORTFOLIO Alpha Real Estate Advisors is pleased to present the opportunity to acquire Big Peach Car Wash – Tallahassee, available individually or as...

Quincy, FL
AVAILABLE INDIVIDUALLY OR AS PART OF A NINE-SITE PORTFOLIO Alpha Real Estate Advisors is pleased to present the opportunity to acquire Big Peach Car Wash – Quincy, available individually or as part of...

Miami, FL
Finest Hand Car Wash is a high-end detail prominent hand car wash serving the patrons visiting the Dolphin Mall and the surrounding area. The car wash is a partnership. The partnership has been...
Cash Flow: $130,000
Lady Lake, FL
Sarasota, FL
REAL ESTATE INCLUDED
Kenneth City, FL
Homestead, FL
Palm Beach County, FL
Florida
Available Nationwide
Florida
Hialeah, FL
Florida
REAL ESTATE INCLUDED
Pinellas County, FL
Saint Augustine, FL
Rick Maerkle
Indian River Business Brokers
Serving Indian River County, FL
I own and operate two Business Broker Businesses, Indian River Business Brokers and Asheville Business Brokers. Florida & North Carolina, my residence is in Sebastain Florida and Mike Burk is manager of Asheville North Carolina. In 1994 I purchased Brevard Business Brokers in Cocoa Beach, Florida. I later obtained the name Florida Business brokers & opened other Business Brokerages in Florida. Again, I opened Business Broker Offices in Maine and North Carolina and changed the Name to American Investment Brokers. Now, 28 years later, Living in the Asheville Area of North Carolina, I changed the Business Name to Asheville Business Brokers, serving the Western North Carolina Area. I still enjoy helping people sell or buy businesses. Contact me for a confidential conversation. Thanks, Rick Maerkle
Ellenton, FL
REAL ESTATE INCLUDED
Pasco County, FL
Nokomis, FL
REAL ESTATE INCLUDED
Brevard County, FL
REAL ESTATE INCLUDED
Florida
Available Nationwide
Miami, FL
Marion County, FL
Port Charlotte, FL
Naples, FL
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 in Florida 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 |
22 |
|
Median Asking Price |
$749,000 |
|
Median Reported Revenue |
$513,850 |
|
Median Reported Earnings |
$120,035 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Florida Car Wash Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
1.87 |
3.32 |
|
Median |
3.00 |
4.17 |
|
Upper Quartile |
4.62 |
6.12 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
For an in-depth analysis of valuation trends and multiples, see our report on Car Wash Business Valuation
FAQs
How much does it cost to buy a car wash in Florida?
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 $749,000.
How much do car wash owners earn?
Florida car wash owners' earnings vary, but the median reported revenue is $513,850, with owner earnings at $120,035 annually.
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 in Florida, car wash revenue multiples range from 1.87 to 4.62, with the median at 3.00. Earnings multiples range from 3.32 to 6.12, with the median at 4.17. Using these values, the average car wash business in Florida might sell for 3 times its annual revenue and 4.2 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. Real estate included in the sale will also drive valuation multiples higher.
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