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
Maureen Murray OMalley
Murray & Associates
Serving Camden County, NJ
Murray & Associates, with offices located at 400 W Route 70, Cherry Hill and 1028 Atlantic Avenue, Atlantic City, NJ has the knowledge and experience to help you successfully sell your business or buy a business that suits your specific requirements. We are a full service brokerage company that handles the sale of your business and real estate. Contact us and speak with one of our knowledgeable agents. Ask us for a copy of our "List of Businesses Sold" and you will be reassured that you have made the right decision to call our company first.
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.
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