REAL ESTATE INCLUDED
Passaic County, NJ
Newly Renovated! Top of Line from Start to Finish! Beautiful New Hi Technology! 2 Acres! Perfect for Express! Nice Profit & Growing! Please Check this out!...

REAL ESTATE INCLUDED
Passaic County, NJ
Newly Renovated! Top of Line from Start to Finish! Beautiful New Hi Technology! 2 Acres! Perfect for Express! Nice Profit & Growing! Please Check this out!...
EBITDA: $250,000
Passaic County, NJ
Sussex County, NJ
REAL ESTATE INCLUDED
Gloucester County, NJ
Toms River, NJ
REAL ESTATE INCLUDED
Bergen County, NJ
REAL ESTATE INCLUDED
Elk, NJ
Atlantic County, NJ
Atlantic County, NJ
Warren County, NJ
Available Nationwide
New Jersey
REAL ESTATE INCLUDED
Atlantic County, NJ
REAL ESTATE INCLUDED
Cumberland County, NJ
REAL ESTATE INCLUDED
Moorestown, NJ
REAL ESTATE INCLUDED
Camden County, NJ
Angelo A. Ferrara
Rapt Business Brokers
Serving Bergen County, NJ
Rapt is a middle market intermediary firm involved in business brokering, valuations, commercial RE & finance, and business planning/coaching. Our company name, Rapt, was chosen to convey our deep commitment to providing our complete, undivided attention to our task. We are professionals who approach each of our engagements with Intensity, Integrity, Fairness and Honesty. Our basic strategy is to negotiate on merits and conduct principled negotiations, requiring that both parties negotiate on objective standards that focus on interests and not positions. This strategy is best accomplished by presenting mutually advantageous options (“win-win” options) that make it easier to reach a conclusion. In our experience, this expedites the process and leads to successful negotiations that are acceptable to both sides. Our relationship with the owner of a privately held company is a highly personalized hands-on service. We do not hand off work to junior associates once an agreement has been signed to represent a client company. We work closely with owners and their advisors from the beginning to gain an in-depth level of knowledge about the company. Every organization is different and we strive to gain an understanding of the uniqueness of each company that ultimately becomes a driver in the associated value. Our principal, Angelo A. Ferrara, has advanced degrees in both business administration and engineering and has taught finance courses to MBA candidates. Prior to opening Rapt, he operated a manufacturing company and brings a “hands on” business experience to the buying and selling process. He is a member of the International Business Brokers Association (IBBA) and has achieved their designation as a Certified Business Intermediary (CBI). As one who has experienced owning and operating his own business, he understands that in he must act as a mentor to his client as well conduct successful negotiations.
REAL ESTATE INCLUDED
Camden County, NJ
Cumberland County, NJ
| Market Overview | Listings for Sale (Median) | Total New Jersey Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 8 | 510 |
| Asking Price | $2,187,500 | - |
| Reported Revenue | $600,000 | $812,312 |
| Reported Seller's Discretionary Earnings | $390,000 | $26,044 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $1,425,000 | $2,187,500 | $3,500,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Car Washes for sale in New Jersey.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $380,500 | $300,000 |
| Median | $600,000 | $390,000 |
| Upper Quartile | $1,352,500 | $400,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Car Washes listed for sale in New Jersey.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 2.57 | 6.00 |
| Median | 3.11 | 6.64 |
| Upper Quartile | 4.10 | 7.50 |
FAQ's
How much does it cost to buy a Car Wash in New Jersey?
The median asking price for an established Car Wash in New Jersey is $2,187,500, though prices range from under $1,425,000 to well over $3,500,000.
How much do Car Washes owners in New Jersey earn?
The median reported revenue of Car Washes in New Jersey is $600,000 and owners earn a median of $390,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Car Wash?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Car Washes in New Jersey, revenue multiples range from 2.57 to 4.10, with a median of 3.11. Earning multiples range from 6.00 to 7.50, with the median at 6.64. This means the typical Car Wash in New Jersey may ask for around 3.11 times its annual revenue, and 6.64 times its annual owner earnings.
More for Business Owners
Create an Owner AccountSell Your BusinessFind a Business BrokerLearn About Selling a BusinessMore for Business Buyers
Create a Buyer AccountLearn About Buying BusinessesGet BizBuySell Edge