Depew, NY
Car Washes For Sale in New York
| Market Overview | Listings for Sale (Median) | Total New York Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 24 | 696 |
| Asking Price | $2,800,000 | - |
| Reported Revenue | $1,350,000 | $1,100,042 |
| Reported Seller's Discretionary Earnings | $400,000 | $51,674 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $1,850,000 | $2,800,000 | $4,100,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Car Washes for sale in New York.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $837,500 | $238,380 |
| Median | $1,350,000 | $400,000 |
| Upper Quartile | $2,140,000 | $523,500 |
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 York.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 1.59 | 5.39 |
| Median | 2.17 | 6.79 |
| Upper Quartile | 2.90 | 7.83 |
FAQ's
How much does it cost to buy a Car Wash in New York?
The median asking price for an established Car Wash in New York is $2,800,000, though prices range from under $1,850,000 to well over $4,100,000.
How much do Car Washes owners in New York earn?
The median reported revenue of Car Washes in New York is $1,350,000 and owners earn a median of $400,000, 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 York, revenue multiples range from 1.59 to 2.90, with a median of 2.17. Earning multiples range from 5.39 to 7.83, with the median at 6.79. This means the typical Car Wash in New York may ask for around 2.17 times its annual revenue, and 6.79 times its annual owner earnings.
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