REAL ESTATE INCLUDED
Morris County, NJ
Appraised by $4Million Bucks! Property Included! Good Traffic and location! Can increase income by staying open later Increase also by Advertising/Promoting! Make Offer!...

REAL ESTATE INCLUDED
Morris County, NJ
Appraised by $4Million Bucks! Property Included! Good Traffic and location! Can increase income by staying open later Increase also by Advertising/Promoting! Make Offer!...
$3,350,000
EBITDA: $350,000

REAL ESTATE INCLUDED
Cumberland County, NJ
All equipment & Furnitures & Goodwil for CARWASH and incluuding a closed 6 door car repair shop and a 3 bedroom apartment on the 2nd floor. Appromaxately 90% of entire building is one-story ,about 10%...
$3,500,000
Cash Flow: $600,000

REAL ESTATE INCLUDED
Mercer County, NJ
Full Service carwash. 1.2 acre property. 135 foot tunnel. Fully trained staff and manager in place. Store and exterior recently renovated. Currently run absentee. Huge upside for a hands-on operator....
$2,200,000

Medford, NJ
Concierge Car Cleaning That Comes to You — Wherever You Are Mobile, Eco-Friendly, Steam-Powered Vehicle Detailing Experience the convenience of premium auto care delivered to your location. Our...
$125,000
Haddonfield, NJ
Bargain. Deluxe 80 ft Operation. Run totally absentee! Just getting going. Perfect for CarWashes Chain Operation or Beginner, with minimum capital! Have a similar wash nearby No. Philly!...
$595,000
Camden County, NJ
$8,000,000
Warren County, NJ
$1,800,000
Monmouth County, NJ
$155,000
REAL ESTATE INCLUDED
Salem County, NJ
$2,100,000
Monmouth County, NJ
$1,795,000
Available Nationwide
$150,000
REAL ESTATE INCLUDED
Atlantic County, NJ
$2,600,000
REAL ESTATE INCLUDED
Cumberland County, NJ
$1,200,000
REAL ESTATE INCLUDED
Toms River, NJ
$1,700,000
REAL ESTATE INCLUDED
Ocean County, NJ
$1,300,000
Essex County, NJ
$1,100,000
Ken Stein
The Kensington Company
Serving Middlesex County, NJ
The Kensington Company is a leading merger and acquisitions firm delivering professionalism, integrity and extensive market experience to every transaction. There are numerous companies in today’s market place that attempt to bring business buyers and sellers together. There are few however, that offer their clients the degree of sophistication, experience and resources of our unique firm. At The Kensington Company we have expanded the traditional business brokerage firm model to offer our clients comprehensive services during their individualized transaction process. We are committed to representing our clients’ best interests throughout the transaction process, while bringing innovative and creative solutions to the multiple complex challenges as we guide our clients toward accomplishing their “right” transaction. Our 20 years of business experience, from start up companies to multi million dollar organizations, allows us to understand our clients concerns and needs. Our goal is to negotiate a "Win-Win" scenario for all involved parties. We offer various services from business valuations, complete memorandum packages, buyer representation, corporate searches, business consultation, and strategic planning. We are committed to helping all our clients achieve their desired business goals and objective. We offer a complete range of professional services focusing on both middle-market and smaller business transactions: -Mergers & Acquisitions -Businesses For Sale -Buy Side Services -Franchise Resales -Franchise Sales -Franchise Development -Consolidations -Business Valuations -Business Consulting
REAL ESTATE INCLUDED
Moorestown, NJ
$1,500,000
REAL ESTATE INCLUDED
Camden County, NJ
$4,200,000
REAL ESTATE INCLUDED
New Jersey
$2,200,000
REAL ESTATE INCLUDED
Camden County, NJ
$1,495,000
REAL ESTATE INCLUDED
Camden County, NJ
$2,000,000
Available Nationwide
$85,000
Camden County, NJ
$1,800,000
REAL ESTATE INCLUDED
Camden County, NJ
$1,500,000
Passaic County, NJ
$1,250,000
New Jersey
$6,000,000
Cumberland County, NJ
$5,500,000
Camden County, NJ
$1,500,000
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 in New Jersey 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 |
37 |
|
Median Asking Price |
$1,947,500 |
|
Median Reported Revenue |
$790,000 |
|
Median Reported Earnings |
$325,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New Jersey Car Wash Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
1.75 |
4.30 |
|
Median |
2.57 |
6.00 |
|
Upper Quartile |
3.48 |
6.83 |
|
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 Benchmarks.
FAQs
How much does it cost to buy a car wash in New Jersey?
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 $1,947,500.
How much do car wash owners earn?
New Jersey car wash owners' earnings vary, but the median reported revenue is $790,000, with owner earnings at $325,000 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 New Jersey, car wash revenue multiples range from 1.75 to 3.48, with the median at 2.57. Earnings multiples range from 4.30 to 6.83, with the median at 6.00. Using these values, the average car wash business in New Jersey might sell for 2.57 times its annual revenue and 6.00 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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