Nassau County, NY
$1,600,000
Nassau County, NY
$1,600,000
Nassau County, NY
$3,500,000
New York
$3,600,000
New York
$2,200,000
Kings County, NY
$2,200,000
Suffolk County, NY
$3,300,000
Nassau County, NY
$4,000,000
New York
$6,500,000
Suffolk County, NY
$3,600,000
Kings County, NY
$2,200,000
Nassau County, NY
$2,500,000
Dix Hills, NY
$325,000
Queens, NY
$135,000
Rochester, NY
$3,000,000
New York
$3,500,000
Depew, NY
$549,000
Bilal Khaliq,CBB.
Empire Global Business Brokers
Serving Nassau County, NY
Join Our Empire Conglomerate of Companies. At Empire GLOBAL Business Brokers you will work and serve people & organizations from multiple industries & walks of life. Advantages of owning an Empire Trademark Licensed office is rewarding & unprecedented in the short history of the business brokerage industry. Working with Bankers , financial professionals , Attorneys , Franchisor , Commercial loan brokers & different high level executives make for an honorable successful career & Business Brokerage practice. Other advantages of becoming a Empire trademark licensed office is our ability to provide multiple outlets & strategies to our business owners like Franchise development through our triangle company Empire Business Advisory Global & the immediate selling of our Franchisors units after their development & Franchise Ambassadors the Franchise sales leader for minorities will sell the franchised units. The Cost to open your Empire Trademark Licensed Office is only $15.000.00 with company financing available. You will need approximately $5000.00 for working capital , between $1500.00 to $3000;00 for furniture & equipment for office & $1000.00 for travel to IL Headquarters for training if out of State, for a total of $21500.00 to $23000.00 cost. Here's some of the things that will be covered in training. Appraising the real fair market value of a business or franchise resale for hundreds of thousands of different kinds of businesses & franchise systems. Establishing the real world price of the business or franchise resale. Strategies & techniques of selling a business or franchise using our proprietary unique system & triangle approach with 3 companies to selling businesses and Franchises Hiring & training a salesperson. Widening our network of listings Understanding & using the correct agreements & contracts. Using our 3 company triangle approach to national marketing. The psychology of a Unique Empire Trademark licensed business broker. Using our unique 27 profit centers to bridge the sometimes lengthy time it can take to close big deals. We want to take this opportunity to thank you for reading about our business brokerage opportunity. Our social So, if you’re ready to avail the services of the finest business brokers the US, get in touch with us today! Contact with us (708) 969-1104 (708) 390-0663 empiregbb@gmail.com Contact with us (708) 969-1104 (708) 390-0663 empiregbb@gmail.com
New York
$5,500,000
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 York 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 |
54 |
|
Median Asking Price |
$2,500,000 |
|
Median Reported Revenue |
$1,489,694 |
|
Median Reported Earnings |
$425,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New York Car Wash Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
1.39 |
4.84 |
|
Median |
1.93 |
5.82 |
|
Upper Quartile |
2.41 |
6.52 |
|
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 Multiples and Financial Benchmarks.
FAQs
How much does it cost to buy a car wash in New York?
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 $2,500,000.
How much do car wash owners earn?
New York car wash owners' earnings vary, but the median reported revenue is $1,489,694, with owner earnings at $425,000 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 York, car wash revenue multiples range from 1.39 to 2.41, with the median at 1.93. Earnings multiples range from 4.84 to 6.52, with the median at 5.82. Using these values, the average car wash business in New York might sell for 1.93 times its annual revenue and 5.82 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.
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