Car wash brokers are placing an ever-greater emphasis on accurately evaluating car wash businesses in order to ensure that buyers and sellers are getting a fair deal. This trend is driven by the increasing competitiveness of the car wash industry, as buyers and sellers seek to minimize risk and maximize the value of their investments.
In order to provide accurate valuations, brokers may use a variety of tools and techniques, such as financial analysis, market research, and industry benchmarks. The goal of an increased focus on valuations is to provide buyers and sellers with a clear understanding of the value of a car wash business, which can help facilitate smoother, more successful transactions.
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Name: Harry Caruso
Job title: Founder and CEO
Company: Car Wash Advisory
Harry graduated summa cum laude from Lehigh University with dual degrees in Industrial Engineering and Finance.
Harry’s career started in Investment Banking at Citi. Harry then helped build what was a financial technology “startup” into a major corporation, performed direct cross-capital structure investing at a $500MM hedge fund, and even brought a machine learning company through its most exciting stages of growth.
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