REAL ESTATE INCLUDED
Morris County, NJ
Appraised by Cushman Wakefield for $4Million Bucks! Property Included! Good Traffic and location! Can increase income by staying open later Increase also by Advertising/Promoting! Make Offer!...
REAL ESTATE INCLUDED
Morris County, NJ
Appraised by Cushman Wakefield for $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
REAL ESTATE INCLUDED
Atlantic County, NJ
Profitable Automatic CarWash, & Property . Can add Lube and other businesses! Can make 1 bay Express Exterior! Good Location! HI Tech! Extra Bay can be Express Exteriors!...
$1,175,000
Cherry Hill Township, NJ
1 acre. 100 ft Building . Lovely Profitable CarWash. Fancy neighborhood. Hi Traffic Road! Must See! Owner Retiring! Needs New Blood! Can be bought with Property! Or on lease with Option to Buy...
$1,750,000
Westfield, NJ
Car Wash For Sale in Westfield, NJ!...
$3,475,000
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...
$200,000
REAL ESTATE INCLUDED
Salem County, NJ
$2,100,000
REAL ESTATE INCLUDED
New Jersey
$3,700,000
Warren County, NJ
$1,800,000
Monmouth County, NJ
$1,795,000
Available Nationwide
$150,000
REAL ESTATE INCLUDED
Atlantic County, NJ
$2,600,000
Bergen County, NJ
$950,000
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
Ron Cervelli
Regal Consulting Corp.
Serving Middlesex County, NJ
Thirty+ years of experience in the Business Brokerage Industry servicing New Jersey, New York, Pennsylvania and the Tri State Area.
REAL ESTATE INCLUDED
Camden County, NJ
$2,000,000
REAL ESTATE INCLUDED
Passaic County, NJ
$2,300,000
Essex County, NJ
$1,100,000
Somerset County, NJ
$150,000
REAL ESTATE INCLUDED
Moorestown, NJ
$1,500,000
Available Nationwide
$85,000
REAL ESTATE INCLUDED
Camden County, NJ
$4,200,000
REAL ESTATE INCLUDED
New Jersey
$2,200,000
REAL ESTATE INCLUDED
Camden County, NJ
$1,995,000
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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