New Jersey
65ft tunnel No Competition. Leasehold! Inexpensive Rent! Needs motivated Owner to flourish!...

New Jersey
65ft tunnel No Competition. Leasehold! Inexpensive Rent! Needs motivated Owner to flourish!...
$1,175,009
EBITDA: $675,009

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
REAL ESTATE INCLUDED
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
Available Nationwide
$85,000
Monmouth County, NJ
$1,795,000
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
Raymond Palmer MBA, ABI
Compass Capital Advisors Inc.
Serving Bergen County, NJ
Compass Capital Advisors Inc. is a full service Business Brokerage/M&A firm specializing in the sale or purchase of businesses from 1 million to 25 million dollars. In addition,we specialize in the purchase or sale of the property pertaining to the business and consultation for business improvement. Navigating the business transaction process can be complicated. Confidentiality, Integrity and Persistence are the keys to getting you the right price. We pride ourselves on these attributes and welcome the opportunity to be your partner in this process.
REAL ESTATE INCLUDED
Passaic County, NJ
$2,300,000
Essex County, NJ
$1,100,000
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
Available Nationwide
$150,000
REAL ESTATE INCLUDED
Camden County, NJ
$1,495,000
REAL ESTATE INCLUDED
Camden County, NJ
$2,000,000
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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