This is a quick start reference guide for those looking to understand the most basic level of car wash valuation.
For more complete and comprehensive information on car wash valuations, check out our learning center.
Revenue level largely influences the likely buyer type and in-turn impacts valuation multiples.
Some washes may not be high volume and high revenue capable, but would require a conversion or revamp to be such. These washes blend the lines in valuation.
Type of wash is important, even if the wash and site could be a convert to a different wash type. Current wash model has a large impact on valuation levels.
Wash type also influences the likely buyer universe.
Figures in graphic above represent multiple of last twelve months of revenue - i.e.: "2.0X" means (car wash gross sales over last 12 months) X (2.0x) = Valuation - i.e.: A car wash that produced $500k of revenue during the last 12 months and with a "2.0X" valuation multiple has a wash value of $1mm (inclusive of real estate).