REAL ESTATE INCLUDED
Missouri

REAL ESTATE INCLUDED
Missouri

Los Angeles, CA

REAL ESTATE INCLUDED
Northfield, OH
Ellenton, FL
Halethorpe, MD
Irwin, PA
REAL ESTATE INCLUDED
Fairfield County, CT
Seminole, OK
REAL ESTATE INCLUDED
Decatur, IL
Port Richey, FL
REAL ESTATE INCLUDED
Pasco County, FL
Prescott, AZ
$1,600,000
Grand Junction, CO
Sacramento, CA
REAL ESTATE INCLUDED
Bergen County, NJ
Mike and Lynn Lee
First Choice Business Brokers Idaho
Serving Teton County, WY
Established in 1994, First Choice Business Brokers (FCBB) has evolved into one of the premier Business Brokerage Organizations in the United States, successfully facilitating over $12 billion in sales of small to medium-sized businesses. Mike and Lynn Lee own and manage the FCBB offices in Utah, Montana, and Wyoming, with a strong team of business broker agents based in Salt Lake City, St. George, Bozeman, and Missoula, while also serving additional areas across all three states to ensure our clients receive local support and achieve great results. We specialize in bridging the aspirations of both buyers and sellers of businesses. Our offerings include business valuations, strategic market analysis, exit planning, and discreet management of the business sale process from inception to closure. Our role extends beyond transactions; we pride ourselves on being matchmakers who ensure a harmonious fit between buyers and sellers, crafting strategies that culminate in success for all parties involved. Whether you're contemplating selling your business or are in search of an enterprise that aligns with your goals, let FCBB guide your journey. Reach out to us at 435-800-4400 or via email at teamlee@fcbb.com to explore how we can assist in achieving your objectives.
Hurst, TX
San Francisco, CA
Montgomery County, PA
Farmingdale, NY
Worcester County, MA
Anne Arundel County, MD
Conroe, TX
San Antonio, TX
REAL ESTATE INCLUDED
South Dakota
REAL ESTATE INCLUDED
Clinton, MS
New Jersey
REAL ESTATE INCLUDED
Melbourne, FL
REAL ESTATE INCLUDED
Davidson County, NC
Texas
Pomona, CA
Richmond, VA
Brooklyn, NY
Apple Valley, CA
Texas
Dallas County, TX
Michigan
REAL ESTATE INCLUDED
Forney, TX
REAL ESTATE INCLUDED
Marble Falls, TX
Virginia
North Carolina
North Carolina
Michael Sipe
CrossPointe Capital
Serving Deschutes County, OR
REAL ESTATE INCLUDED
Georgia
Bibb County, GA
Colorado Springs, CO
Middletown, CT
Los Angeles County, CA
Waco, TX
Silver Spring, MD
Temecula, CA
REAL ESTATE INCLUDED
Brooklyn, NY
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 120 |
| Asking Price | $1,400,000 |
| Reported Revenue | $750,000 |
| Reported Seller's Discretionary Earnings | $198,564 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $742,500 | $1,400,000 | $3,000,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Car Washes for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $300,000 | $107,000 |
| Median | $750,000 | $198,564 |
| Upper Quartile | $1,290,155 | $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.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 1.12 | 3.61 |
| Median | 2.25 | 6.42 |
| Upper Quartile | 4.17 | 8.93 |
FAQ's
How much does it cost to buy a Car Wash?
The median asking price for an established Car Wash is $1,400,000, though prices range from under $742,500 to well over $3,000,000.
How much do Car Washes owners earn?
The median reported revenue of Car Washes is $750,000 and owners earn a median of $198,564, 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, revenue multiples range from 1.12 to 4.17, with a median of 2.25. Earning multiples range from 3.61 to 8.93, with the median at 6.42. This means the typical Car Wash may ask for around 2.25 times its annual revenue, and 6.42 times its annual owner earnings.
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