Richmond, TX
$5,500,000
Richmond, TX
$5,500,000
Houston, TX
$4,950,000
Katy, TX
$5,900,000
Dallas County, TX
$3,200,000
Longview Heights, TX
$2,990,000
Spring, TX
$6,950,000
Plano, TX
$6,750,000
Cedar Hill, TX
$4,300,000
Cleburne, TX
$2,500,000
Temple, TX
$1,850,000
Ennis, TX
$2,300,000
Lewisville, TX
$1,300,000
Frio County, TX
Not Disclosed
$6,500,000
Fort Worth, TX
Gilmer, TX
$4,200,000
Commerce, TX
$1,100,000
Scott Reid
Parasell Inc
Serving Anderson County, TX
ParaSell, Inc. is a national real estate services and consulting firm that specializes in commercial leasing and investment sales. We work with principals across the nation and have a proven process, proprietary time-saving technology, dedicated support staff and a relentless commitment to customer service.
Lindale, TX
$11,500,000
Pearsall, TX
Not Disclosed
Abilene, TX
$1,500,000
Harris County, TX
$12,650,000
Dallas, TX
$3,450,000
Brazoria County, TX
$1,974,900
Everman, TX
$1,190,000
Houston, TX
$925,000
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 Texas 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 |
23 |
Median Asking Price |
$412,500 |
Median Reported Revenue |
$240,000 |
Median Reported Earnings |
$90,361 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Texas Car Wash Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
1.15 |
3.71 |
Median |
2.43 |
5.85 |
Upper Quartile |
3.65 |
8.22 |
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
FAQs
How much does it cost to buy a car wash in Texas?
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 $412,500.
How much do car wash owners earn?
Texas car wash owners' earnings vary, but the median reported revenue is $240,000, with owner earnings at $90,361 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 Texas, car wash revenue multiples range from 1.15 to 3.65, with the median at 2.43. Earnings multiples range from 3.71 to 8.22, with the median at 5.85. Using these values, the average car wash business in Texas might sell for 2.43 times its annual revenue and 5.85 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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